Small business lending resumed double-digit growth while credit quality remained strong in October, according to PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index (SBLI)...
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December 06, 2018, 07:15 AM
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While the country enjoys unprecedented levels of small business optimism, access to credit will either boost or curtail economic growth within this high-impact sector, according to a new study. Gimme Credit: Faster, Simpler, Safer Credit for Main...
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November 27, 2018, 07:15 AM
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The latest Quarterly Credit Outlook from PayNet, the leading provider of small business credit data and analysis, shows Main Street closing Q3 2018 with moderated lending and a slight uptick in risk. The Thomson Reuters / PayNet Small Business...
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November 16, 2018, 07:17 AM
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The PayNet Canadian Small Business Lending Index (CSBLI) decreased 3.2 percent from 126.2 in July 2018 to 122.1 in August 2018, marking the second consecutive monthly decline after increasing in each of the previous six months, PayNet Canada...
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October 19, 2018, 07:00 AM
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Small business lending continued its blistering pace in August, according to the latest Strategic Insights Report from PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index...
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October 04, 2018, 07:20 AM
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The latest Quarterly Credit Outlook from PayNet shows Main Street closing Q2 2018 with modest growth and strong financials. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) seasonally adjusted originations decreased 8 percent from 155...
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August 15, 2018, 07:20 AM
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The latest Quarterly Credit Outlook from PayNet shows Main Street closing the first quarter of 2018 with a healthy increase in investment and relatively moderate risk. As a result, the business cycle looks healthy from a risk-reward standpoint, and...
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May 17, 2018, 07:15 AM
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Small business lending improved again in February, according to the latest Strategic Insights Report from PayNet. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) rose to 144.8 in February, its second-highest reading in history and...
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April 05, 2018, 07:15 AM
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Small business investment continued to register gains at the end of 2017 as delinquencies and defaults remained at low levels according to the latest small business credit trends from PayNet, the leading provider of small business credit data and...
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February 06, 2018, 07:00 AM
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Small business monthly credit trends reflect a wait and see attitude. The September 2017 Thomson Reuters/PayNet Small Business Lending Index (SBLI) decreased 4% to 127.3 from 133.2 in August 2017. Compared to September 2016, the SBLI decreased...
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November 08, 2017, 07:08 AM
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PayNet addressed The Congress of the United States, U.S. House of Representatives, Committee on Small Business to testify on online lending’s role in improving small business capital access.PayNet president William Phelan was asked by the House...
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October 27, 2017, 07:21 AM
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A new study conducted by the Equipment Leasing & Finance Foundation and PayNet, Inc., “The State of Credit Quality: Where We Have Been and Where Are We Going,” shows industry credit quality and performance remain strong and better than pre-recession...
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October 23, 2017, 07:12 AM
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PayNet reports that the PayNet Canadian Small Business Lending Index (CSBLI) increased 4% to 126.2 in July 2017 from 121.2 in June 2017.“Investment to expand is showing broadly across industry segments and provinces at a time when the U.S. is stuck...
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September 13, 2017, 07:07 AM
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The July 2017 Thomson Reuters/PayNet Small Business Lending Index (SBLI) decreased 11% to 123.8 from 139.1 in June 2017. Compared to July 2016, the Index increased 1%.Industrial sectors showed sluggish activity with 11 of 18 industry sectors showing...
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September 08, 2017, 07:10 AM
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PayNet reports that the PayNet Canadian Small Business Lending Index (CSBLI) increased 1% to 123.8 in June 2017 from 122 in May, the third month in a row of year-over-year increases. Compared to May 2016 the CSBLI is up 5%.“Investment growth for...
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August 16, 2017, 07:01 AM
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Editor's Note: The following press release is a revision to the originally posted press release.
Enables Banks to Review All Credits and Focus on the Highest RisksPayNet is introducing PayNet Credit Review Express, a risk management tool which...
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August 08, 2017, 07:00 AM
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The May 2017 Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased to 137.0, up 9% from 125.4 in April 2017. Compared to May 2016, the SBLI is up 3% and it is at the highest level since June 2016.“Expansion by small businesses in May...
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July 11, 2017, 07:00 AM
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PayNet reports the PayNet Canadian Small Business Lending Index (CSBLI) increased for the third straight month to 120.1 in April 2017 from 118.7 in March 2017. Compared to March 2016 the CSBLI is up 1%. “This release was a shocker ” states William...
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June 16, 2017, 07:00 AM
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Patricia M. Voorhees, a director with The Alta Group, is moderating a panel June 13 at the Commercial Equipment Market Council (CEMC) Innovation Summit in Laguna Beach, Calif., on digitization in asset finance. The panelists will discuss how...
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June 12, 2017, 07:05 AM
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The April 2017 Thomson Reuters/PayNet Small Business Lending Index (SBLI) dropped to 123.1, down 8% percent from 133.7 in March 2017. Compared to April 2016, the SBLI is down 5% which is the third consecutive year-over-year decline. “This report was...
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June 02, 2017, 09:09 AM
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PayNet reports the PayNet Canadian Small Business Lending Index (CSBLI) fell 1% to 116.1 in February 2017 from 117.2 in January 2017. Compared to February 2016, the Index is down 7%.“While a down month for small businesses, at least we can see the...
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April 21, 2017, 07:08 AM
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PayNet conducted a recent study to project bank lending hot spots in 2017. According to the report, loan risk premiums should move up overall to reflect the higher projected default rates of 2.1% in 2017. PayNet’s data shows 2017 lending strategy...
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March 28, 2017, 07:05 AM
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The January 2017 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI) rose a solid 4% in January over the same time last year. The 8% fall in the Index versus December reflects the seasonality of small business investment...
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March 01, 2017, 07:05 AM
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The September 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, decreased to 128.9 in September from 132.8 in August. Compared to the September 2015, the SBLI is down 7%...
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November 03, 2016, 07:10 AM
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Today, during the 55th Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months. Anthony Cracchiolo, President and CEO of U.S...
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October 25, 2016, 07:23 AM
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PayNet, the premier provider of credit assessments on private companies reports the PayNet Canadian Small Business Lending Index (CSBLI) increased 4% to 123.2 in August 2016 from 118.8 in July 2016. That is the largest increase in the Index since...
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October 19, 2016, 07:05 AM
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PayNet, Inc., the nation’s small business credit expert, announces the release of the new PayNet MasterScore for Alternative Lending, the first ever pooled-data score for the Alternative Lending space. This score, which is a coming-of-age milestone...
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October 05, 2016, 07:04 AM
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PayNet, the premier provider of risk management solutions and market insight to Canadian commercial lenders, reports the PayNet Canadian Small Business Lending Index (CSBLI) increased slightly from 118.4 in June 2016 to 118.7 in July 2016. Compared...
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September 22, 2016, 07:05 AM
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The Canadian Finance & Leasing Association (CFLA) Conference Sept. 21-23 at Niagara Falls, Ontario, will feature presentations focused on Evolving in Turbulent Times, with Ralph Petta’s discussion about the challenges and opportunities of doing...
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September 08, 2016, 07:03 AM
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The July 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, decreased to 121.5 in July from 139.2 in June. Compared to the same month one year ago, the SBLI is down 16%...
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September 01, 2016, 07:03 AM
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PayNet, Inc. has hired Paul Tennola as Chief Financial Officer. Tennola oversees financial management, strategic planning, corporate finance, accounting, and investor relations. He joins PayNet with over 28 years of financial leadership positions...
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August 29, 2016, 07:10 AM
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PayNet reports that the PayNet Canadian Small Business Lending Index (CSBLI) decreased 3% to 113.9 in June 2016 from 117.7 in May 2016. Compared to June 2015, the Index is down 16%. “Canadian businesses are clearly feeling pressure from the economic...
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August 17, 2016, 07:03 AM
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The June 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased to 138.9 in June from 131.1 in May. Although this illustrates the largest monthly increase in the...
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August 04, 2016, 07:07 AM
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The Independent Community Bankers of America® (ICBA) announced that PayNet has been selected as its newest Preferred Service Provider. PayNet’s Market Conditions Reports and Credit History Reports help community banks improve loan decision-making...
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July 08, 2016, 07:19 AM
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The May 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, decreased in May 2016 for the third consecutive month to 128.6 from 129.5 in April 2016, a 1% decline. Compared...
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July 01, 2016, 07:00 AM
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PayNet reports the PayNet Canadian Small Business Lending Index (CSBLI) decreased 3% from 121.7 in March 2016 to 117.5 in April 2016. Compared to April 2015, the Index is down 12% and is at the lowest point in the Index since February 2013. “This...
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June 15, 2016, 06:56 AM
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The April 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, for the second consecutive month, decreased 5% to 129.0 in April 2016 from 135.1 in March 2016. Compared to...
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June 02, 2016, 07:04 AM
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PayNet announces Risk Insight Suite®, a new interactive platform, providing instant access to credit performance data and industry analysis on the small business sector of the Canadian economy at www.sbinsights.ca.
Private businesses are a key...
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April 27, 2016, 07:23 AM
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PayNet reports that the PayNet Canadian Small Business Lending Index (CSBLI) shows that originations decreased 3% from 127.0 in January 2016 to 123.5 in February 2016. Compared to the same month one year ago, the Index is down 6%. “This report shows...
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April 19, 2016, 07:00 AM
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The February 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased to 138.0 in February from 117.7 in January, a 17% increase. Compared to the same month one year...
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April 04, 2016, 07:11 AM
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The January 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, registered 118.2, 13% lower than the revised December value of 135. Compared to one year ago, the index...
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March 01, 2016, 07:15 AM
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PayNet, the leader in small business credit assessment, announces the PayNet Small Business Default Index (SBDFI), an economic indicator designed to gauge small business defaults and signal insolvency across multiple sectors of the economy at the...
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February 09, 2016, 07:14 AM
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The September 2015 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 4% to 140.4 compared to the prior month. The August value had been restated from 136.1 to...
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November 03, 2015, 06:58 AM
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PayNet, the premier provider of risk management solutions and market insight to the Canadian Commercial Finance Industry reports decreasing investment by privately-held Canadian businesses in August 2015. The PayNet Canadian Small Business Lending...
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October 14, 2015, 07:00 AM
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PayNet is expanding its economic indicators to measure the Canadian small business economy.PayNet maintains the richest and largest collection of small business loans and leases to provide insight proven to accelerate credit decisioning and reduce...
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September 15, 2015, 07:04 AM
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The July 2015 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, is 145.2. June’s value had been restated from 143.3 to 146.4. On a year-over-year basis, the SBLI is up 13%...
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September 02, 2015, 07:05 AM
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PayNet announces Risk Insight Suite®, a new interactive platform, providing instant access to credit performance data and industry analysis on the small business sector of the economy at www.sbinsights.net. U.S. small businesses are an important, but...
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June 18, 2015, 07:01 AM
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The April data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 8% from 130.5 in March 2015 to 141.5 in April 2015, reaching an all-time maximum value. Compared to the...
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June 02, 2015, 07:04 AM
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Commercial borrowing by small and medium-sized businesses in Canada rose slightly in the first quarter. Canadian Business Lending Index rose to 206 in the first quarter from 204 in the fourth quarter. The positive in this number is the quarterly...
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May 20, 2015, 06:30 AM
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The March data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 2% from February to 129.6 in March 2015. This also reflects a 12% increase versus March 2014.GDP...
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May 05, 2015, 07:00 AM
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The February release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 7% over February 2014. The SBLI decreased 3% from 122.4 in January 2015 to 119.2 in February 2015. “While...
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March 31, 2015, 06:49 AM
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The December release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 6% to 129.8 compared to 122.6 in December 2013. This reflects a 10% increase from 117.6 in November 2014...
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February 03, 2015, 07:16 AM
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PayNet, Inc. has appointed Todd Elliott as Director, Canadian Market Development. Mr. Elliott will assist Canadian commercial lenders to approve more transactions from their credit granting process, lower operating costs of portfolio management and...
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December 10, 2014, 07:05 AM
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The October release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 12% compared to October 2013. The SBLI Increased 4% from 127.1 in September 2014 to 131.8 in October 2014...
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December 02, 2014, 07:06 AM
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Reuters reported commercial borrowing by small and medium-sized businesses in Canada declined for the third straight quarter in the July-September quarter, according to a PayNet survey.According to the Reuters report, PayNet said its Canadian...
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November 19, 2014, 06:00 AM
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The September release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, increased 14% compared to September 2013. The SBLI Increased 6% from 118.5 in August 2014 to 125.4 in September...
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November 03, 2014, 07:01 AM
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PayNet announced a new Small Business Insights information portal, PayNet Risk Insight Suite at sbinsights.net, providing access to intelligence on the small business sector of the economy. U.S. small businesses are an important, but misunderstood...
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October 15, 2014, 06:39 AM
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According to the Canadian Business Lending Index (CBLI) released by PayNet Inc. Canada, Canadian businesses are showing a pause in the low risk expansion phase of their business activities as they slow down investment and control financial...
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September 10, 2014, 06:05 AM
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The July release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, grew 10% over July 2013. The SBLI increased 7% from 120.0 in June 2014 to 128.5 in July 2014 and now stands close to the...
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September 03, 2014, 06:38 AM
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The June release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which anticipates leading economic indicators and GDP, increased 15% over June 2013. Although the June Index fell 4% to 120.6 versus May, it marks the fourth...
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August 04, 2014, 07:00 AM
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The latest data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which has proven to be a leading indicator of GDP between 2-5 months, shows small business investment gathering steam. The SBLI registered 126.5 in April 2014...
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June 03, 2014, 06:36 AM
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The latest data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), which has proven to be a leading indicator of GDP between 2-5 months, shows small business investment activity growing at a slower pace. The SBLI registered...
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April 01, 2014, 06:21 AM
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The latest results of small business investment trends released by PayNet signal a very positive sign for the economy with solid expansion at low risk for the next few months. The Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased...
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December 03, 2013, 06:59 AM
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The September release of small business investment trends prepared by PayNet illustrates the small business economy is experiencing unspectacular but steady expansion. The Thomson Reuters/PayNet Small Business Lending Index (SBLI) decreased 6% to 109...
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October 29, 2013, 06:55 AM
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PayNet, a firm that provides risk management solutions and market insight to the Canadian Commercial Finance Industry reports strong investment by privately-held Canadian businesses. The Canadian Business Lending Index (CBLI) which measures the...
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September 19, 2013, 07:01 AM
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PayNet's latest analysis of small business investment bodes well for economic growth. The Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased 11% in July to 117.7, the highest level since August 2007. The Index, which measures the...
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September 04, 2013, 07:01 AM
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PayNet’s latest analysis of small business investment points to modest growth in the coming months. The Thomson Reuters/PayNet Small Business Lending Index decreased to 104.8 in June from a revised 113.7 in May. The Index, which measures the amount...
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August 02, 2013, 07:00 AM
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Investment by millions of small businesses jumped in April to get back to exactly where it began the year. The Thomson Reuters/PayNet Small Business Lending Index (SBLI) increased 17% in April over the same month last year to 110.5 from the slightly...
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June 03, 2013, 07:00 AM
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The Thomson Reuters/PayNet Small Business Lending Index decreased to 98.5 in March from a revised 105.4 in February. The index, which measures the amount of new commercial loans and leases granted to small businesses, and therefore their investment...
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May 02, 2013, 07:09 AM
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According to PayNet, the state of U.S. Small Business Manufacturing is growing again by doing what it does best - inventing new industries and business processes. The PayNet Manufacturing Index, which measures the amount of investment by small...
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May 01, 2013, 07:10 AM
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PayNet, a leader in small business analytics and risk management solutions, announces the PayNet Small Business Delinquency Index (SBDI), a new economic index that quantifies small business financial stress and default and provides early warning of...
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April 16, 2013, 07:14 AM
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Reuters reported small U.S. businesses cut back on borrowing in February for a second straight month, indicating slower growth ahead.According to the Reuters report, the Thomson Reuters/PayNet Small Business Lending Index, which measures the overall...
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April 02, 2013, 07:09 AM
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The Thomson Reuters PayNet Small Business Lending Index (SBLI) fell to 113 in January from a revised 115 in December. The index has been basically flat for the past year after growing 20% in 2010 and 16% in 2011.This latest report confirms the...
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March 05, 2013, 07:15 AM
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Reuters reported that borrowing by small U.S. businesses rose marginally in December, reporting a small gain for the entire year. According to the Reuters report, the Thomson Reuters/PayNet Small Business Lending Index, which measures the overall...
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February 04, 2013, 07:32 AM
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The Thomson Reuters/PayNet Small Business Lending Index (SBLI), which has proven to be a leading indicator of the GDP between 2-5 months, takes the pulse of the U.S. Small Business economy. The SBLI for November stands at 108.3, which is essentially...
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January 02, 2013, 07:27 AM
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Reuters reported commercial borrowing by Canadian companies hit the highest level in the third quarter since early 2009, a PayNet survey showed on Wednesday, suggesting businesses played an outsized role in supporting the economy ad growth...
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December 13, 2012, 07:30 AM
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Reuters reported borrowing by small businesses rose in October, according to the Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to small U.S. companies. The index rose to 107.5 from an upwardly...
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December 03, 2012, 07:25 AM
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Reuters reported that lending to small U.S. businesses plunged in September to the lowest level in 14 months. According to the report, the Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to small...
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November 01, 2012, 08:00 AM
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PayNet, a firm that provides risk management tools to the commercial credit industry shows moderate loan delinquencies stand at 1.40% now while they bottomed at 1.60% in 2006 during the last expansionary cycle. Furthermore, AbsolutePD®, a leading...
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October 22, 2012, 06:45 AM
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PayNet, a firm that provides risk management tools and market insight to the Canadian Commercial Finance Industry, reports Canadian private companies have finally returned to levels last achieved in 2007 before the Great Recession.The Canadian...
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September 12, 2012, 07:07 AM
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The latest measures of the small business economy signal business should prepare now for forthcoming economic weakness. Early stages of financial stress are emerging across all businesses. The Thomson Reuters/PayNet Small Business Lending Index...
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September 04, 2012, 07:58 AM
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The pace of borrowing by small businesses took a sharp turn downwards last month; showing slow economic growth will continue for at least the next quarter. The Thomson Reuters/PayNet Small Business Lending Index stands at 98.5 in June, down from 103...
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August 01, 2012, 07:35 AM
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PayNet, a leader in small business lending analytics and risk management solutions announces PayNet AbsolutePD® Stress Test Simulator, a new, powerful risk management solution that can greatly improve banks’ ability to forecast the risk associated...
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July 25, 2012, 07:00 AM
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The pace of investment by small businesses appears to be increasing. A study released Monday by PayNet, a data analytics firm making small business lending more profitable, shows that lending increased 12% month over month, which is the largest...
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July 02, 2012, 07:50 AM
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Reuters reported that according to PayNet, Canadian commercial lending activity rose to its highest level in nearly three years in the first quarter, signaling the country's small-business economy is emerging from the shadow of therecession. ...
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June 07, 2012, 07:30 AM
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A new study by PayNet, Inc. a firm that provides risk management tools and market insight to the commercial credit industry shows that credit is weak, as is the desire by millions of small businesses to expand. PayNet studied credit applications and...
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June 04, 2012, 08:00 AM
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Reuters reported that lending to small business in the United States eased in April for the fourth month in a row as companies were hesitant to bulk up their operations, boding poorly for stronger economic growth. According to the report, the Thomson...
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June 01, 2012, 08:00 AM
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Small Business Borrowing Is at a Critical Stage for the Economy…Stalled and Could Continue to Grow or Inflect Into Another RecessionThe pace of lending to small businesses in the United States continues to be at a standstill, supporting the view that...
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May 01, 2012, 08:00 AM
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Lending to small business in the United States barely grew in February, supporting the view that economic growth was lackluster at the start of the year.The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of...
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April 03, 2012, 07:00 AM
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Canadian commercial lending edged up for the fifth straight time in the final quarter of last year and reached its highest since 2009, suggesting a pickup in investment that should help keep the economy growing.PayNet, which tracks commercial...
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March 15, 2012, 07:00 AM
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A new study of the change in the types of small businesses from 2000 to 2011 reveals a dramatic shift towards service based businesses. This longitudinal study shows that traditional sectors that drove the small business economy in the past, like...
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March 01, 2012, 07:45 AM
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Reuters reported that borrowing by U.S. small businesses rose in January, another sign that recent stronger economic data may be more durable than thought.The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of...
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March 01, 2012, 07:00 AM
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PayNet, Inc., a premier provider of risk management tools and market insight to the commercial finance market, has appointed Anthony Zambon as Director, Canadian Market.To fill in thin credit information on private companies, Mr. Zambon will help...
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February 23, 2012, 06:00 AM
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