United States Risk Climate: Credit Quality is Improving for Small Businesses

Posted by Joachim Bartels | Nov 7, 2013 | Country Risk Information, Experian, United States | 0 |

Credit quality for small businesses improved in the third quarter, lifting the Experian/Moody’s Analytics Small Business Credit Index 2.3 points to 118.5. Indicators show that the small business lending market is starting to thaw. Small companies are developing a bigger appetite for credit, and banks are loosening credit standards.

The improvements, however, come at the risk of putting off investment, lower wages and deferred hiring. Government policy uncertainty and consumer spending growth also contribute to slower growth.

Source: Experian Press Release

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.