Summary: Aug. 5 (Bloomberg) -- Bill Phelan, president and co-founder of PayNet Systems Inc., says Paynet's latest study of $1 trillion in small business lending and borrowing patterns shows modest investments by small businesses, reflecting anemic growth in the broader economy. Phelan talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage." (Source: Bloomberg)
