Small businesses added employees during Q4 2020 while moderate delinquency decreased slightly following PPP. Tax policy is a top concern following election.

Experian panel discusses findings of Forrester report involving risk-based decisioning, advanced analytics and plans in credit risk assessment practices.

The Experian Beyond the Trends report takes a closer look at challenges pertinent to small businesses. The Winter 2021 edition is available now for download

In this post Experian demonstrates the predictive power of blended credit scores.

Experian’s Ascend Commercial Suite™ is for financial institutions specializing in commercial lending as well as insurance carriers to drive growth while reducing risk.

Experian and Moody’s Analytics have just released the Q3 2020 Main Street Report which explains small business credit trends for Q3 2020.

Credit risk scores predict credit risk in the near future, based on the credit profile as of today. We explain how to perform a model validation on a score.

We discuss model governance basics, how machine learning methods are boosting performance, and best practices in deployment and documentation.

In this interview we ask Gerard Smith of Global Risk Management Solutions about the key components of a world-class supplier risk management program.

Experian and Moody’s Analytics have just released the Q2 2020 Main Street Report. The report brings deep insight into the overall financial well-being of the small-business landscape, as well as offer commentary on business credit trends, and what they mean for lenders and small-businesses.  Small businesses have turned to borrowing to survive periods of prolonged slumping sales, in many cases from government programs offering loan forgiveness. This increased borrowing has masked rising delinquent balances, but such a solution is a short-term fix. To keep their credit current, small businesses will need to find ways to generate revenue. Defaults are expected to rise in coming quarters as forbearance programs expire and as customers are likely to change their priorities in the wake of COVID-19. In Q2, moderate delinquency, defined as 31-90 days past due, rose to 1.66 percent from 1.61 percent, marking the fourth consecutive quarter of increasing delinquency, and the first year-over-year increase since this time last year. The closure of many state and local economies in April and the first half of May left many businesses facing severe revenue shortfalls in the second quarter. This environment has resulted in businesses listing poor sales as the second most important problem facing small businesses, according to the NFIB. If you would like to get the full analysis of the data behind the latest Main Street Report, presented by leading economists from Moody’s Analytics and Experian, watch the Quarterly Business Credit Review webinar.

Join us for a 15-minute Sip and Solve webinar August 13th when we share strategies for maximizing receivables as delinquencies rise.

In a favorable economic climate, business resilience is often treated as an afterthought. Success is measured in rapid growth and leaps of progress, while failure is little more than a tempering of that expansion.