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Lending Slows for Small Business

Signs point to an economic slowdown in the coming months, reports Reuters. The Thomson Reuters/PayNet Small Business Lending Index dipped to 127.4 in November, which is down from 129.9 reading in October. It is the lowest the index has dropped since February of 2015. Read more...

Small Business Shop a Flop in Illinois

The Chicago Small Business Health Options Program (shop) is in trouble, reports Crain’s Chicago Business. Illinois insurance marketplace designed to help small business find affordable coverage for their employees is now down to only one insurance provider. When the marketplace opened there were two providers, now there is just one. Read more...

Small Business Optimism Remains Steady

Optimism remains high for small business owners, reports Bay 9 News. The 2015 Bank of America Small Business Report finds that 72 percent of those surveyed expected their revenue to increase. In addition, 62 percent plan on hiring more staff in 2016. Read more...

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