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We found a great survey online from U.S. Bank, as reported on by “The Independent Voice of Equipment Finance” Monitor Daily – found here

This annual survey found that “business owners are more optimistic now than any time in the eight year history of the U.S. Bank Small Business Annual Survey.” The businesses in question needed to have less than $10 million in annual revenue to participate in this survey, and half of the businesses reached out to were under $200,000. With the survey taking place in January and February of this year, it’s looking like 2017 will be the Year of the Small Business.

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Here are a few notable statistics from the survey:

  • 18% of small business owners feel that the economy is in an expansion… up from last year’s 9%.
  • 38% of small business owners report higher revenues… a U.S. Bank survey record.
  • 80% of small business owners describe their own business as strong… another survey record.
  • 40% of small business owners plan to make a capital expenditure to expand their business in the next year, and one-fourth expect to increase the number of people working for them… record, record, RECORD!

Are you getting the picture?

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Times are looking good for Small Business Owners and expansions are on the horizon. Are you looking to capitalize on the economic positivity? Perhaps we can help.

SLS Financial Services has over 30 years of experience in business lending … with our focus on helping businesses grow!

If you’re feeling optimistic about your growth opportunities, give Doug a call and let us know how we can help you reach your goals.

Doug Fuller

816.423.8021

dfuller@slsfinancial.com

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