Webinar
Published June 28, 2017
Advanced Analytics & ModelingSmall businesses have varying credit needs which evolve as the business matures from inception to maturity. Experian sought to understand what kinds of credit these businesses needed at different stages of the business lifecycle and how lenders could best serve small business by offering right sized capital at the optimal time. The analysis involved a study of trade credit profiles for one million businesses between 2010 and 2016 and the results are surprising and compelling.
By watching this webinar you will learn:
- The types of loans businesses secure change as they evolve and mature;
- As businesses grow, they establish more trade credit and rely less on financial loans
- Each industry showed unique pattern of loan opening behavior
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