CBA, SBFE Release Quarterly Small Business Lending Trends

February 18, 2020
Nick Simpson

CBA, SBFE Release Quarterly Small Business Lending Trends

 

WASHINGTON – The Consumer Bankers Association and Small Business Financial Exchange today released the second Small Business Lending Trends report. The report, which is released each quarter, examines key credit information for America’s small businesses, including payment performance and credit utilization.

 

Key findings from the report, which examined data from the third quarter of 2019, include:

  • Credit utilization for small business remains fairly consistent while both balances and limits are increasing.
  • Term loans reached a low point for the past two years in terms of delinquencies.

 

A full copy of the report is available here.

 

The CBA-SBFE Small Business Lending Trends report offers data on delinquencies, credit utilization and credit utilization by account type, and charge-off rates. In addition to the data, the report offers a brief analysis of each data set.

 

The data used to compile the report includes information collected from SBFE members on small businesses and their payment performance on commercial credit accounts.

 

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About the Consumer Bankers Association:

The Consumer Bankers Association represents America’s leading retail banks. We promote policies to create a stronger industry and economy. Established in 1919, CBA’s corporate member institutions account for 1.7 million jobs in America, extend roughly $4 trillion in consumer loans and provide $275 billion in small business loans annually. Follow us on Twitter @consumerbankers.

 

About SBFE:

The Small Business Financial Exchange, Inc. and SBFE, LLC (collectively known as SBFE) is one of the country's leading sources of small business credit information. Established in 2001, the trade association's database houses information on over 38 million businesses and enables information exchange among Members who provide small business financing. By providing industry insight and an aggregated view of small business financial data to its Members, the SBFE model enables innovative risk management solutions through its strategic relationships. SBFE is the only Member-controlled organization of its type and is serving as a trusted advocate for the safe and secure growth of small business. For more information, visit www.sbfe.org.