PayNet Small Business CycleTM

How is the PayNet Small Business Cycle™ financial information helpful?

The PayNet Small Business Cycle™ financial information provides insight into general conditions of and signals inflection points in the economy as it relies on leading economic indicators that have been developed using the PayNet database which is focused exclusively on small businesses. Specifically, PayNet Small Business Cycle™ financial information represents a comparison of new small business credit, measured by the Thomson Reuters/PayNet Small Business Lending Index, against severe credit risk, measured by the Thomson Reuters/PayNet Small Business Delinquency Index, to generate a distinctive perspective on the stage of the economy.

 

 

Values of the PayNet Small Business Cycle™ financial information that are higher and further to the right occur in a robust economy and changes that are down and to the left reflect lower investment and worsening financial health during economic contraction. Values of the PayNet Small Business Cycle™ financial information that are lower and to the left will occur during recessions and changes up and to the right reflect increased investment and improved financial health during economic recovery.


The PayNet Small Business Cycle financial information is a key component of the PayNet Small Business Credit Outlook which is released quarterly. This quarterly report includes credit performance, such as default rates and loan delinquencies by geography and industry as well as the state of the small business market outlook and implications. This information increases the body of knowledge of small business credit, providing a roadmap for profitable business decisions to help lenders avoid high-risk bubbles and other dead ends.

Download Get a copy of the Small Business Credit Outlook.