Experian/Moody’s Analytics 2nd Quarter ’20

Small-business credit outlook remains negative in a poor sales environment Q2 report findings Small businesses have turned to borrowing to survive periods of prolonged slumping sales, in many cases from government programs offering loan forgiveness. This increased borrowing has helped to hide rising delinquent balances, but such a solution is a short-term fix. Small businesses… Continue reading Experian/Moody’s Analytics 2nd Quarter ’20

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Small-business credit outlook remains negative in a poor sales environment

Q2 report findings Small businesses have turned to borrowing to survive periods of prolonged slumping sales, in many cases from government programs offering loan forgiveness. This increased borrowing has helped to hide rising delinquent balances, but such a solution is a short-term fix. Small businesses will need to find ways to generate revenue to keep… Continue reading Small-business credit outlook remains negative in a poor sales environment

Small-business credit conditions are negative, the outlook depends on developments related to Covid-19

Q1 report findings After only one quarter there is no doubt the theme of 2020 is the pandemic, Covid-19. Unrelated to the pandemic and subsequent shuttering of a swath of economies across the world, delinquencies rose in the first quarter. This was occurring as businesses reduced their borrowing. Lower borrowing will not have lasted long… Continue reading Small-business credit conditions are negative, the outlook depends on developments related to Covid-19

Business Chat – Federal Small Business Stimulus Programs

April 02, 2020, by Gary Stockton, Author at Experian Insights In response to the economic impact of the Coronavirus, President Donald Trump signed legislation that will allocate $2.2 trillion in funding to support the U.S. economy, small businesses are among those that will benefit. The Small Business Administration, under the stimulus package, will oversee the… Continue reading Business Chat – Federal Small Business Stimulus Programs

Small-business credit is positive, with a waning outlook

Q3 report findings Talk of a trade deal helped to shape the narrative for the third quarter, but there is more at play for small businesses than trade. Delinquency rates fell across most industries, but agriculture-related industries like construction and transportation had a rough quarter. A rising number of small businesses seeking credit should help… Continue reading Small-business credit is positive, with a waning outlook