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| Small business owners’ optimism is at its highest since 2007. |
It’s been a long, hard few years since the 2008 financial
crisis. The stock and housing markets plummeted, unemployment shot up and many people saw the interest rates for their savings accounts drop, leaving them worried that they may not have enough for their retirement. It was a rough
period of time for small businesses as well. Many entrepreneurs found it
increasingly difficult to get business loans for their small business, stunting
growth and making it harder for small businesses to achieve their full
potential. However, there’s finally some light at the end of the tunnel,
according to a recent report by the National Federation of Independent
Business.
The Small Business Optimism Index, a measure of small business owners’ confidence in the economy, rose last month to its highest level since 2007. It was the third consecutive month that small business owners’
confidence levels rose. Improvement was seen in other areas besides confidence
as well. Sales, earnings and overall revenue were all expected to rise in the
coming months. This sends a message to small business owners who are thinking
about expanding their business: there’s no better time than right now!
confidence levels rose. Improvement was seen in other areas besides confidence
as well. Sales, earnings and overall revenue were all expected to rise in the
coming months. This sends a message to small business owners who are thinking
about expanding their business: there’s no better time than right now!
Confidence, earnings and revenues aren’t the only things
that have rebounded from the economic crisis. Small business loans have also
become much easier to acquire, thanks in part to companies like Silver Rock Funding. Their network of lenders can get a merchant cash advance of up to
$500,000 for your business needs. With economic numbers looking almost universally
positive, now is the best time to take a chance and expand. Business loans from
Silver Rock Funding can help make sure that you’ve got the best possible
financing to make your dreams a reality.
that have rebounded from the economic crisis. Small business loans have also
become much easier to acquire, thanks in part to companies like Silver Rock Funding. Their network of lenders can get a merchant cash advance of up to
$500,000 for your business needs. With economic numbers looking almost universally
positive, now is the best time to take a chance and expand. Business loans from
Silver Rock Funding can help make sure that you’ve got the best possible
financing to make your dreams a reality.