Our daily blend of the latest news, trends and tips for the small business community.

What’s going ‘on’:

Small business optimism edges higher: The National Federation of Independent Business’s monthly optimism index gained 2 points in April, settling at 94.5, the highest reading since December 2007. The sub-index of expected business conditions for the next three months also increased slightly in April.

Consumer borrowing shoots up: United States consumer credit increased by $21.4 billion to $2.54 trillion in March, the largest spike in more than a decade, according to data released by the Federal Reserve on Monday. The surge was largely the result of increasing demand for cars and student loans.

LivingSocial, Chase offer $3 million in small business grants: LivingSocial and Chase have teamed up with the U.S. Chamber of Commerce to offer $250,000 grants to each of up to a dozen small firms across the country. Winners will be selected by a panel including AOL co-founder Steve Case and LivingSocial CEO Tim O’Shaughnessy.

Keep an eye ‘on’:

Entrepreneurs clamoring to get aboard floating incubator: Nearly 140 start-up companies from across the world have expressed interest in coming aboard Blueseed, an incubator project that plans to launch a floating, visa-free start-up hub for entrepreneurs beginning some time next year, according to a new report from the Globe and Mail.

Helpful advice ‘on’:

How your firm can get a boost from LinkedIn (OSB)

How to improve your business travel (NY Times)

How to repurpose your business blog content (OSB)

How to land a demo slot at a start-up event (McCann)

How to manage your customers’ expectations (Inc.)