Experian Main Street Report

Q1 report findings

U.S. small businesses are navigating a challenging but stabilizing credit environment, shaped by persistent inflation, elevated interest rates, and cautious consumer sentiment. According to Experian’s latest data, small business credit utilization has remained steady, reflecting disciplined borrowing behavior, while delinquency rates have shown only modest increases, suggesting overall credit health remains intact. The Experian Small Business Index™ indicates a slight uptick in new business credit applications, signaling renewed interest in growth despite macroeconomic headwinds. 

About the report

Experian Main Street Report brings deep insight into the overall financial well-being of the small-business landscape, as well as provides commentary on 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.).