PayNet small business lending index

Small Business Indices

The Thomson Reuters/PayNet small business lending index – use market insights from the commercial credit industry to better understand economic performance.

Request details

Overview

Small businesses generally respond to changes in economic conditions more rapidly than larger businesses do.

The Thomson Reuters/PayNet index taps small business lending and delinquency data from PayNet Inc, the leading provider of risk management tools and market insight to the US commercial credit industry.

The Thomson Reuters/PayNet Small Business Lending Index (SBLI) measures the volume of new commercial loans and leases to small businesses. The Thomson Reuters/PayNet Small Business Delinquency Index (SBDI) is a complementary offering which is designed to gauge small business financial stress and default risk, providing early warning signals of future insolvency across multiple sectors of the economy.

Index details

Small Business Lending Index (SBLI)

The index measures the net volume of loans to small businesses.

It is a highly correlated indicator of US GDP by 2 to 5 months, providing a more in-depth understanding of where the economy stands in the business cycle.

It enables better economic forecasts by measuring capital investment in the small business economy as a forecast for GDP, and signals the future direction of the US Leading Economic Index (LEI) to understand where the business cycle stands and spotting its next inflection point.

Small Business Delinquency Index (SBDI)

This index measures the net volume of loans to small businesses.

It is like the Small Business Lending Index, but also measures small business financial stress and default risk, provides early warnings of future insolvency, and serves as a leading indicator of changes in unemployment rates on both the national level and for some US states.

It provides insight to financial services executives, economists, policy makers and regulators in order to understand the stage of the business cycle and to set credit oversight policies.

Benefits

Real-time PayNet loan information from more than 325 leading US lenders

The largest and richest collection of commercial loans and leases to small businesses, Thomson Reuters/PayNet indices shed light on the health of the important and often opaque small business sector of the economy.

Small business indices

Benefit from the Thomson Reuters/PayNet index

Request details