Confidence in a US-China trade deal helped to cushion business borrowing in the fourth quarter. Delinquent balances were up over the quarter due mainly to seasonal trends but were down from last year thanks to the continuation of the economy’s expansion. Weakness continued in agriculture and manufacturing businesses, but a trade deal could help these firms next year. All things considered, 2019 was a good year for small-business borrowing, and 2020 should bring more of the same.
Explore state-level and industry-level data that banks, credit unions, and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry-level data that banks, credit unions, and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Student loan debt has been increasing year-over-year since the 1990s. Experian Commercial Data Sciences is monitoring the effect student loans have on small-business creation and survival. This paper examines whether or not student debt is hampering the ability to open new businesses and keep them open
Experian Business Information Services did a data study of 2.5 million small business owner profiles and analyzed the data, comparing small business owners with average consumers. In this webinar Peter Bolin, Director of Consulting & Analytics for Experian shares the results of this research.
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