Small business owners are more confident than ever in the survival of their enterprises: According to the second annual Make or Break 2017 report from Xero, the overwhelming majority of small business owners – 79 percent overall – in the U.S. and U.K. say they feel better about their prospects in 2017 than they did the previous year.

This optimism was even more striking for those with businesses younger than two years old. Ninety four percent of one-year-old and 84 percent of two-year-old businesses saying that they felt more confident about the survival of their business in 2017 than 2016.

Why this boost in confidence? Many are pointing to the strong economy, low levels of unemployment, and promises of reduced regulation and the potentially diminished burden on businesses from the Affordable Care Act.

Those looking to launch a new business in 2017 may still need financial support. When looking to grow your business, you might need to take out a loan to achieve your goals. Always consider working with a community bank to decide on the best possible loan program in accordance with your unique needs.