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Published October 22, 2022
Commercial Commercial InsightsReward and protect your borrowers and businesses throughout their financial journey by revealing a more complete credit history through consistent data Reporting. Learn how to Report data to Experian in a simple easy to follow 8-step process. Learn more about consumer data Reporting at experian.com/dataReporting and business data at experian.com/dataReportingbusiness.
The construction industry has experienced significant growth over the last seven years, but fresh data reveals mounting signs of financial stress that commercial lenders and Chief Risk Officers should be closely monitoring.
Check out the full report to see how these trends could impact your strategy!
According to Experian’s latest Commercial Pulse Report, business formation remains strong:
What’s driving this resilience?
👉 Faster tech adoption
👉 Hybrid business models
👉 Stronger financial fundamentals
The pandemic forced small businesses to transform at record speed. Now, they’re leveraging those lessons to build smarter, more adaptable enterprises.
Check out the full report to see how these trends could impact your strategy!
Experian’s Brodie Oldham, VP of Commercial Data Science, and Marsha Silverman, Strategic Analytic Consultant revealed several insights on how small businesses are performing during the Q2 Quarterly Business Credit Review.
During the webinar we asked the audience:
Outstanding student loan debt in the U.S. has reached an all-time high of $1.63 trillion, and the ripple effects are being felt far beyond the personal finance arena. This unprecedented debt burden is now shaping the way many small business owners borrow, manage credit, and maintain financial stability.
Check out the full report to see how these trends could impact your strategy!