Optimism about small businesses continues to have tangible
results, as this past month saw a tremendous amount of success for American
small businesses. In May, small businesses in the United States saw their biggest increase in hiring in over a year. 35,000 new jobs were created by
small businesses last month, which is three times the average monthly job
creation levels for small businesses since 2010. All but one state saw a net
increase in small business employment. Additionally, workers’ pay increased,
and hours worked went up. Across all small business industries, revenue
increased as well, making it a good month for both small business owners and
employees.

This upswing is great news, and continues to underscore the
importance of small businesses in the United States economy. There are 28 million small businesses in the United States that employ over half of the workforce and generate close to a trillion dollars in revenue. Not only is this
increased amount of success good news for the economy as a whole, it serves as
an encouragement to those small business owners who are seeking to expand their
business. A positive economic climate is the perfect time for small business
owners to take a shot at growing their business in multiple ways. This recent
uplifting news reminds business owners that now is the best time to take those
chances.

In order to have the best chance at successful business
expansion, small business owners need a few things. One of the most important
of these things is money. Business owners frequently list financing as a major
obstacle towards expansion. When you need money to make sure your business is
rising as high as it can, Silver Rock Funding can help. Our network of lenders
can approve most small business loans within 72 hours, making sure you don’t miss a single
chance to take advantage of an opportunity you deserve.