High APR’s, Steady Risk: Small Firms Stay Resilient
Experian is very pleased to announce the release of the Q3 2025 Main Street Report.
Brodie Oldham and Marsha Silverman will be unpacking the insights in the latest report during the Small Business Economic Review – December 9th, 10:00 a.m (Pacific), 1:00 p.m. (Eastern0
Report summary
The holidays are here, and Black Friday sparks a surge in consumer spending, U.S. small businesses are proving remarkably resilient despite persistent economic challenges. The Experian Small Business Index shows tighter credit conditions, with modest delinquency movements, disciplined utilization rates, and an acceleration in new business starts.
Download the latest report for more insight.
About the Experian Main Street Report
The Experian Main Street Report brings deep insight into the overall financial well-being of the small-business landscape, as well as providing commentary around what specific trends mean for credit grantors and the small-business community. Critical factors in the Main Street Report include a combination of business credit data (credit balances, delinquency rates, utilization rates, etc.) and macroeconomic information (employment rates, income, retail sales, industrial production, etc.).
The Great Recalibration Experian is very pleased to announce the release of the Q2 2025 Main Street Report. Brodie Oldham from Experian Commercial Data Science unpacks insights from the latest Main Street Report. Watch Quarterly Business Credit Review Webinar Main Street Recalibrates for a New Normal U.S. small businesses are demonstrating exceptional adaptability amid a complex post-pandemic economic environment. Inflation remains elevated above 3%, interest rates are steady between 4.25% and 4.50%, and global trade dynamics continue to introduce volatility. Despite these pressures, small firms are showing resilience, driven by improved digital capabilities, disciplined fiscal management, and a steady flow of entrepreneurial activity. In Q2 2025, an average of 447,000 new business applications were filed, with significant contributions from minority and younger founders. The Experian Small Business Index™ held steady, credit conditions remained tight. Traditional lenders continued to restrict approvals, with just 13% of applications approved by large banks. In response, small businesses increasingly turned to fintech and embedded finance solutions for faster, data-driven access to capital. Borrowing behaviors are shifting. The average small business credit card APRs now exceed 25%, firms are transitioning toward installment loans that offer structured repayment terms. Download the latest report for more insight. Download Q2 Main Street Report Related Posts
Navigating Credit and Policy Crosswinds Experian is very pleased to announce the release of the Q1 2025 Main Street Report. Watch Brodie Oldham present the latest insights on small business from the Q1 Main Street Report. Watch Q1 Quarterly Business Credit Review Webinar Small business performance strong in the face of significant challenges: As economic crosswinds continue into 2025, Experian’s Q1 Main Street Report offers a sharp lens into the evolving risk landscape for U.S. small businesses. With stable credit utilization, modest delinquency trends, and over 449,000 new business applications in April alone, the data points to a cautiously optimistic outlook. For risk leaders, this report provides critical insights into regional and sectoral credit behavior, the growing role of alternative data in underwriting, and emerging areas of exposure and opportunity, equipping you to recalibrate strategies in real time. Download the latest report for more insight. Download Q1 Main Street Report Related Posts
Experian’s Q4 FY25 Report reveals small business credit trends, lending shifts, and economic forces shaping growth amid policy changes and global uncertainties.
