Small business credit conditions continue to improve for our clients and Experian/Moody’s Analytics Small Business Credit Index reinforces this with their fourth quarter report. The index advanced 1.2 points to 117 up from a revised third quarter of 115.8. Small business is really starting to see the rewards of our improving economy.
This index measures the credit quality of firms with fewer than 100 workers. The report also noted a slight rise in delinquency rates for small business which rose from 10.1% in 3Q to 10.2% in 4Q.