Small businesses have struggled to obtain loans for the last several years thanks to the sluggish economy. But in the last month, the loan approval rate for small businesses climbed to its highest point since the start of the Great Recession.
In other small business finance news, the tax deadline is right around the corner. But business owners that are considering selling need to be very careful about the deductions they use. These stories and more are included in this week’s Small Business Trends news and information roundup.
SMB Lending on the Rise, Can Tax Deductions Be Overdone?
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