Experian’s Business Information Services and Moody’s Analytics have been reporting on the health of small business credit on a quarterly basis since 2010, publishing the Small Business Credit Index report. In this joint session moderated by Brian Ward, Senior Director – Integrated Marketing, Joel Pruis, Senior Business Consultant from Experian’s Global Consulting Practice and Moody’s Analytics Senior Director Cristian deRitis offered an in-depth analysis of business credit health across the United States.
Cristian deRitis kicked the small business credit session into gear by taking the audience through an economic outlook, starting by reviewing of the economic progress started in part by austerity measures following the Great Recession.
Joel Pruis continued the discussion with the “West vs. the Rest” small business credit conditions in the US adding national industry performance in various key metrics and resulting small business application volume trends.
Experian’s Business Information Services unveiled a new interactive Business Information Map which provides key insights on business credit health by state and metropolitan statistical areas (MSA).
The map enables users to get a visual representation of how states and MSA’s are performing in four key business credit health categories, including risk score, number of days businesses pay their bills past due, delinquency rates and bankruptcy rates. The map includes the most recent quarter’s performance, year-over-year comparison and industry-level analysis.
Learn more about Experian’s Business Information Map by going to: www.experian.com/ibim