NEW YORK, Dec. 20, 2016 (GLOBE NEWSWIRE) -- As 2016 quickly approaches its end, Americans are just mere days away from an onset of many changes, including a new president being sworn into office. With many of these shifts right around the corner, a large percentage of the small business owners in the United States have an optimistic outlook on the potential impact of the Trump presidency on their businesses. Many of the new administration’s proposed changes also have 800Fund.com sharing the optimism of its consumers and other small business owners across the country.
There are several ways in which small businesses will indeed be impacted come January 20th. Issues such as minimum wage, healthcare, taxes, trade policy and financing are just a few of the economic elements that will see change under the guidelines of the Trump administration. 800Fund.com is confident that many of these impending changes will be for the good of the small business owner. The results of a recent study suggest that a large percentage of U.S. small business owners also share this optimism as well.
A November study from the Wells Fargo/Gallup Small Business Index found that optimism among small business owners is at an all-time high for the first time in an eight year period. Findings from this index indicate that the feelings about the upcoming Trump presidency seem to play a major part in this increased optimism. Fifty-eight percent of small business owners surveyed expected their company revenue to increase over the next twelve months. Further adding to the small business optimism, another thirty-five percent of those surveyed expected to increase spending and, in turn, thirty-six percent of respondents fully expected to be adding jobs.
The upbeat attitude of small business owners seems to be shared by many financial experts as well. A large number of these experts are excited at the mention of the President-Elect’s proposed implementation of practices that will inevitably support small business, as well as alleviate many of the regulatory restrictions that encompass the financial sector. In turn, this will be a great benefit to 800Fund.com’s small to medium-sized business owners in securing much-needed working capital, funding, merchant cash advances and many other alternative finance services.
800Fund.com believes that the loosening of many of these regulatory restrictions will ultimately aid in the overall growth for U.S. small businesses. In addition to the new ways that companies, such as 800Fund.com, will potentially be able to assist small business owners, these proposed changes will also prove to be balance to the difficulties that many small businesses have faced in securing funding from traditional banks and lending institutions.
Need Funding?
Make sure that you are prepared to capitalize on your small business growth. Staying current is key in an ever-changing market, so be sure that your business is well-supported. 800Fund.com understands that working capital is a necessity for growth and success. For this reason, the company furthers its commitment to support and service their small- to medium-sized business clientele while powering local economic growth by way of providing alternative lending solutions to traditional banking.
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ABOUT 800FUND.COM:
800Fund is a leading merchant cash advance and short-term alternative lender to small- and medium-sized businesses. It is headquartered at 30 Broad Street, New York, NY. For business owners interested in information on alternative funding services, please visit 800Fund.com.