Download The Report Today!

  • Download Full Report

Small Business Credit Index reaches all-time high in 2014 Q3

The Experian/Moody’s Analytics Small Business Credit Index (SBCI) gained 2 points to reach 114.8 from a revised 112.8 in the second quarter (previously reported as 112.2). The index measures credit conditions for firms with fewer than 100 workers, and last quarter’s move puts it at an all-time high. This is the second consecutive quarterly gain for the index after harsh winter weather pushed it lower in the first three months of this year and provides compelling evidence that the small-business landscape continues to improve.

Gain Key Insights From This Report:

  • Average commercial risk score went up 4.5 percent
  • Outstanding credit balances grew by 4.9% annualized and are up 1.9% from a year ago
  • The share of balances being paid late fell to 8.8% last quarter
  • A 0.7 percentage point decline in severely delinquent balances

[an error occurred while processing this directive]