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Credit Trends Press Releases

Arizona Small Business Borrowing Stalls

In February 2018, Arizona's small firms borrowed on par with the previous month, according to data published by PayNet. Of the 18 major industries, 8 increased and 9 declined in Arizona. Registering at 93.3, Arizona's PayNet Small Business Lending Index…

Colorado Small Business Defaults Down in February, Borrowing Up

Fewer of Colorado's small businesses defaulted on existing loans and the level of borrowing activity increased in February 2018, data published by PayNet show. Following a 4 basis point dip from January, Colorado's PayNet Small Business Default Index (SBDFI) at…

California Small Business Defaults Up in February

​PayNet, the leading provider of small business credit data and analysis for the commercial and industrial lending industry, announces that in February 2018 the percentage of small businesses defaulting on loans has grown in California. Of the 18 major industries,…

Louisiana Small Business Defaults on the Decline in January

Louisiana Small Business Defaults on the Decline in January

PayNet, the premier provider of credit ratings on small businesses, announces that in January 2018 the percentage of Louisiana's small businesses defaulting on existing loans has declined, with default rates in 12 of the 18 major industries falling in the…

Nebraska Small Business Defaults Down in January, Borrowing Up: PayNet

Nebraska Small Business Defaults Down in January, Borrowing Up: PayNet

Data released by PayNet indicate that the percentage of Nebraska's small businesses defaulting on loans has fallen and the level of borrowing activity increased in January 2018. The PayNet Small Business Default Index (SBDFI) for Nebraska registered at 1.32% following…

Kentucky Small Business Borrowing Stalls in January: PayNet

Kentucky Small Business Borrowing Stalls in January: PayNet

PayNet, the leading provider of small business credit assessments on private companies, announces that in January 2018 borrowing is sluggish in Kentucky. Of the 18 major industries, 7 rose and 11 declined in the state. Coming in at 94.8, Kentucky's…

Kansas Small Business Defaults Down in January, Borrowing Up: PayNet

Kansas Small Business Defaults Down in January, Borrowing Up: PayNet

Fewer of Kansas' small businesses defaulted on existing loans and the level of borrowing activity grew in January 2018, data released by PayNet show. The PayNet Small Business Default Index (SBDFI) for Kansas registered at 2.10% following a 10 basis…

Wisconsin Small Business Defaults Up in January, as is Borrowing: PayNet

Wisconsin Small Business Defaults Up in January, as is Borrowing: PayNet

More of Wisconsin's small businesses defaulted on existing loans and the level of borrowing activity grew in January 2018, data reported by PayNet show. In spite of a 4 basis point climb from December, Wisconsin's PayNet Small Business Default Index…

Iowa Small Business Defaults Fall in January: PayNet

Iowa Small Business Defaults Fall in January: PayNet

In January 2018, small business loan defaults improved in Iowa, with default rates in 10 of the 18 major industries falling in the state, according to data published by PayNet. The PayNet Small Business Default Index (SBDFI) for Iowa registered…

Texas Small Business Borrowing Up in January: PayNet

Texas Small Business Borrowing Up in January: PayNet

PayNet, the leading provider of small business credit assessments on private companies, announces that in January 2018 borrowing is increasing in Texas, with 10 of the 18 major industries rising in the state. Texas' PayNet Small Business Lending Index (SBLI)…

Pennsylvania Small Business Defaults on the Decline in January: PayNet

Pennsylvania Small Business Defaults on the Decline in January: PayNet

 In January 2018, the percentage of small businesses defaulting on loans has improved in Pennsylvania, according to data announced by PayNet. Of the 18 major industries, 11 declined and 6 increased in the state. The PayNet Small Business Default Index…

Ohio Small Business Defaults on the Decline in January: PayNet

Ohio Small Business Defaults on the Decline in January: PayNet

PayNet, the premier provider of small business credit data and analysis for the commercial and industrial lending industry, reports that in January 2018 overall defaults decreased within Ohio's small businesses, with default rates in 14 of the 18 major industries…

New York Small Business Defaults Down in January, Borrowing Up: PayNet

New York Small Business Defaults Down in January, Borrowing Up: PayNet

Data published by PayNet illustrate that the percentage of small businesses defaulting on existing loans has fallen in New York and the level of borrowing activity grew in January 2018. The indices suggest that financial conditions in the state may…

Small Business Defaults in New Mexico Down in January

Small Business Defaults in New Mexico Down in January

In January 2018, the percentage of New Mexico's small businesses defaulting on existing loans has improved, according to data released by PayNet. Of the 18 major industries, 11 fell and 7 increased in the state. The PayNet Small Business Default…

Small Business Defaults in Missouri on the Decline in January

Small Business Defaults in Missouri on the Decline in January

In January 2018, fewer of Missouri's small businesses defaulted on existing loans, according to data published by PayNet. Of the 18 major industries, 11 improved and 4 worsened in the state. Following a 4 basis point drop from December, Missouri's…

Michigan Small Business Defaults Down in January, Borrowing Up

Michigan Small Business Defaults Down in January, Borrowing Up

Data released by PayNet show that the percentage of small businesses defaulting on existing loans has fallen in Michigan and the level of borrowing activity grew in January 2018. After a 6 basis point drop from December, Michigan's PayNet Small…

Small Business Borrowing in Massachusetts Stalls in January

Small Business Borrowing in Massachusetts Stalls in January

PayNet, the leading provider of small business credit data and analysis for the commercial and industrial lending industry, reports that in January 2018 borrowing is sluggish in Massachusetts. Of the 18 major industries, 6 increased and 12 declined in Massachusetts.…

Minnesota Small Business Defaults on the Rise in January

Minnesota Small Business Defaults on the Rise in January

PayNet, the premier provider of small business credit data and analysis for the commercial and industrial lending industry, announces that in January 2018 overall defaults increased among Minnesota's small businesses, despite default rates in 9 of the 18 major industries…

Florida Small Business Borrowing Rises in January, Default Rate Improves: PayNet

Florida Small Business Borrowing Rises in January, Default Rate Improves: PayNet

Data issued by PayNet indicate that borrowing by small businesses in Florida rose and the percentage of firms defaulting on existing loans fell in January 2018. The PayNet Small Business Lending Index (SBLI) for Florida was 84.1, improving 2.1% from…

Illinois Small Business Defaults Down in January, Borrowing Up

Illinois Small Business Defaults Down in January, Borrowing Up

The percentage of small firms defaulting on loans has fallen in Illinois and the level of borrowing activity improved in January 2018, data published by PayNet illustrate. The PayNet Small Business Default Index (SBDFI) for Illinois registered at 1.52 percent…

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