All posts by Gary.Stockton@experian.com
We know that small business is the heart of the U.S. economy, driving the majority of private-sector employment. But just how successful in managing credit is the average small business owner compared with the average consumer? In a new data study titled The Face of Small Business, Experian examines key credit and demographic attributes of both groups and uncovered distinct differences.
Highlights from the Q2 2016 Main Street report, it offers a unique quarterly snapshot into the health of small business credit in the United States.
Experian Business Information Services announces collaboration with Moody’s Analytics on the Experian/Moody’s Analytics Main Street Report.
The small business credit share is a consortium of banks, credit card companies, leasing agencies and other companies that have agreed to provide financial and non-financial data in exchange for exclusive access to data from other contributors.
When collecting on delinquent debt, the most successful way to approach them is with a combination of perseverance, politeness, and professionalism.
Online lenders represent a valuable resource for small businesses in need of working capital. Also known as "alternative" lenders, they are particularly useful to new businesses lacking the long, detailed credit history that banks and traditional lenders usually require to underwrite a commercial loan.
The Responsible Business Lending Coalition — a group of nonbank small-business lenders — announced a self-regulatory program during August that is designed to bring greater clarity and consistency to its industry’s pricing and consumer protections. The Small Business Borrower’s Bill of Rights outlines six primary principles that those signing the pledge will abide by when lending to small businesses. They include:
Experian FusionIQ enables B2B organizations to easily integrate Experian business and commercial credit information into your Salesforce.com CRM instance
