Small Business Indices and Industry-Level Credit Risk

Overview

Discover early signals of future economic growth, demand for capital and business fixed investment across multiple sectors of the economy with the Small Business Lending Index, a leading indicator of macroeconomic trends that includes 988 indices and measures the volume of small to medium business loans issued over the past 30 days. Available for the U.S. and Canada.

Gain visibility into financial stress and potential insolvency up to three months before traditional FDIC measures with Small Business Default Index, a measure of the percentage of small business loan defaults over the last 12 months or gauge default risk and unemployment changes with Small Business Delinquency Index, which includes 364 indices and measures the percentage of loans that move beyond 30 days past due.

Approach loss forecasting and capital allocation with greater objectivity and granularity with AbsolutePD, which forecasts the commercial loan default rate (probability of default) for the U.S. private business population in aggregate, segmented by state, county and NAICS code. Recalibrated on a quarterly basis based on macro economic statistics.

Data Feed Coverage

Data Feed Details

Leverage the largest database of U.S. and Canadian private business loans, leases and lines of credit to better understand economic trends, demand for capital and financial conditions based on small to medium business loan origination, delinquencies and defaults. Available indices include: SBLI: New Business Lending Loan Volume, SBDI: Small Business Delinquencies and SBDFI: Small Business Default. Our AbsolutePD County NAICS contains the probability of default for all 4-digit industry NAICS codes for every county and state in the U.S.

Firm Information

Equifax is a global company that believes knowledge drives progress. The company blends unique data, analytics, and technology to create insights that power decisions to move people forward. With worldwide data on more than 800M individuals, 100M businesses and 1M employer contributions, Equifax plays an essential role in the global economy by helping financial institutions, companies, employees, and government agencies make critical decisions with greater confidence.