Image from franchwire.com While it appears the restrictions on lending to small businesses have begun to ease, our latest SurePayroll Small Business Scorecard®survey indicates that the vast majority are not seeking extra capital. According to our survey, nearly 90 percent of small businesses do not plan to seek lending in the third quarter. While one in two do plan to make new investments in their businesses – in marketing, technology and new hires – it appears they will do it with cash flow already on hand. Our Scorecard has shown a steady trend of hiring being flat to down, and June was no different – hiring dropped 0.1 percent. Still, small businesses are meeting or exceeding expectations (just over 75 percent did so in the second quarter). They’ve managed to cut costs and become more efficient to grow their businesses, rather than by borrowing capital and expanding. It appears this trend will continue into the second half of the year. Michael Alter is the CEO and President of SurePayroll, a Paychex Company. SurePayroll is an online service designed to help small business owners manage their payroll and the associated taxes online. Built for small business, you can easily run your payroll anytime or anywhere—they even offer a mobile payroll app.