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Small-business lending falls 13% in Jan.

3/8/2016

Borrowing among US small businesses dipped 13% in January to the lowest level since November 2014, according to the Thomson Reuters/PayNet Small Business Lending Index. PayNet President Bill Phelan called the drop "a dramatic form, an extreme form of hunkering down."

Small-business lending fell 13% in Jan.

3/1/2016

Borrowing by US small businesses dipped 13% in January to the lowest level since November 2014, according to the Thomson Reuters/PayNet Small Business Lending Index. PayNet President Bill Phelan called the drop "a dramatic form, an extreme form of hunkering down."

Small-business lending index dipped in July

9/4/2015

The Thomson Reuters/PayNet Small Business Lending Index fell slightly in July after reaching a record level in June. However, the index was still up 13% compared to the previous year. "We've got this small business economy anchoring the US economy," said PayNet founder Bill Phelan.

Small-business lending index sets record

8/5/2015

The Thomson Reuters/PayNet Small Business Lending Index climbed from 131 in May to 143.3 in June, its highest reading ever. The increase indicates "some fundamental, underlying strength in private companies that is really not being registered anywhere else," said PayNet founder Bill Phelan.

Small-business lending index reaches new record

8/5/2015

The Thomson Reuters/PayNet Small Business Lending Index climbed from 131 in May to 143.3 in June -- its highest reading ever. The increase indicates "some fundamental, underlying strength in private companies that is really not being registered anywhere else," said PayNet founder Bill Phelan.