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NEW YORK–Loan approval rates at institutional investors and small banks improved in March 2017, while the same ratio is faltering at credit unions, according to the latest Biz2Credit Small Business Lending Index, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com.

HERNDON, Va.—The second phase of same day automated clearing house (ACH) rollout has a Sept. 15 effective date, and NACHA—The Electronic Payments Association, has released a list of recommended action items to be performed before that date.