Journalist, United States
Elvina's Feed
Mar 31, 2015

U.S. small-business borrowing slips in February, up on year: PayNet

WASHINGTON (Reuters) – U.S. small businesses took out fewer loans last month but borrowing was up from a year ago as firms ramped up investments in their operations, according to data released on Tuesday.

The Thomson Reuters/PayNet Small Business Lending Index fell to 119.2 last month from 122.4 in January. Still, the index was up 7 percent from February 2014, signaling a steadily improving sector.