Insights Commercial Pulse Report – January 16th, 2024

Interest rate changes coming; commercial credit demand continues January 16, 2024 by Marsha Silverman Small business owners’ optimism remains low due to concerns about the economy and credit conditions. According to the NFIB survey, business owners do not expect current business conditions to improve in the coming months and report that financing is their top… Continue reading Insights Commercial Pulse Report – January 16th, 2024

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Insights Commercial Pulse Report – January 30th, 2024

Is the Retail Boom Hiding a Bigger Problem? January 30, 2024, by Marsha Silverman Retail sales reached a 4-year high of over $615B in December 2023 with yearly retail sales growing 4.6%. At the same time, lenders are tightening credit, and businesses within the retail sector are showing signs of stress with higher late-stage delinquency… Continue reading Insights Commercial Pulse Report – January 30th, 2024

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Categorized as Experian

Why Are Business Credit Scores Important?

CREDIT SCORE CONCEPT

In today’s highly competitive business landscape, establishing a strong credit profile is crucial for the success and growth of any company. Business credit scores play a pivotal role in determining the financial health and credibility of a business entity. Understanding why business credit scores are important can provide valuable insights into how they can impact… Continue reading Why Are Business Credit Scores Important?