Daily News: April 2, 2013

PayNet: Small Businesses Borrowing Down in February


Reuters reported that small business borrowing was down in February for the second straight month, according to the Thomson Reuters/PayNet Small Business Lending Index.

The index, which measures the overall volume of financing to small U.S. companies, fell to 101.3 from a downwardly revised 111.7 in January, Reuters cited PayNet as saying.

To read the full Reuters article click here.