Loading...

Small-business credit conditions stable in Q1

June 2, 2016 by Guest Contributor

Small Business 060216A recent study shows that small-business credit conditions remained relatively unchanged in Q1 2016, as delinquency and bankruptcy rates held steady at low levels. Much of the slight decrease in delinquencies was driven by fewer small businesses falling within the 61 to 90 and 91+ days past-due categories. Gaining deeper insight into the health of small businesses is important for both lenders and small-business owners. Experian® provides market-leading tools that enable small businesses to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

>> Q1 2016 report

Related Posts

Know Your Customer (KYC) procedures are a requirement for banks and other financial institutions to collect and verify the...

March 21, 2024 by Stefani Wendel

View our digital lending trends report for a full analysis on origination volume trends, delinquency trends, and consumer behavior insights. Read more!

June 1, 2023 by Laura Davis

With the right technologies and solutions, rental housing operators can manage risk and create better experiences for prospective renters.

February 9, 2023 by Manjit Sohal