Monitor Daily reports on the latest Small Business Indices data from PayNet, an Equifax company, which shows lending declined for the first time since April.
William Phelan spoke with deBanked on the Paycheck Protection Program and the loan forgiveness process for small businesses.
According to Reuters, the latest small business data from PayNet shows that states that have been most impacted by the pandemic have seen corresponding upticks in small business defaults.
William Phelan talked with Reuters on the latest small business data and the economic implications if current conditions continue.
Equifax® has increased its leadership in commercial credit data solutions with the acquisition of Ansonia Credit Data, a leading provider of business credit, collections, and account receivable data used by businesses focused on the transportation and logistics industries.
PayNet, an Equifax Company SVP & GM Bill Phelan comments for Inc. Magazine on the viability of fintechs as an option for smaller firms seeking Paycheck Protection Program (PPP) loans.
William Phelan, SVP & GM of PayNet, an Equifax Company, comments for Inc. Magazine on what the latest small business data is saying about current lending.
PayNet's Bill Phelan goes over the latest PayNet small business lending and delinquency data with S&P Global Market Intelligence.
PayNet, an Equifax company, that provides credit and analytics on small and medium enterprises (SMEs), launched the PayNet P3 Loan Forgiveness Report.
Bill Phelan comments for The Global Treasurer about capital reserves for banks and how the current situation compares to the last economic downturn.
Bill Phelan commented for Business Insider on the Paycheck Protection Program (PPP) and how PayNet is working with lenders to ease the process.
PayNet, an Equifax company that provides credit and analytics on small and medium enterprises (SMEs), today launched the PayNet P3 Data Pack.
Your Equifax team is publishing this guidance on commercial credit reporting at times of natural or declared disasters as a way of reflecting these external circumstances impacting the business and to maintain the integrity of credit reporting and an orderly financial system.
PayNet SVP & GM William Phelan explained to Business Insider what fintech means to him as a commercial credit expert.
PayNet SVP & GM William Phelan commented for U.S. News & World Report on Google's “smart checking” account partnerships with Citi and the Stanford Federal Credit Union.
PayNet SVP & GM William Phelan commented for American Banker on the formation of Honeycomb Capital and the implications for the small business credit gap.
PayNet SVP & GM William Phelan shares his recommendation with Inc. Magazine for their list of “24 Books for Anyone Who Wants to Get Ahead in Life.”
PayNet SVP & GM William Phelan commented for American Banker on the recent CFPB Symposium on Section 1071 of the Dodd-Frank Act, which calls for lenders to collect and report more data on small businesses.
PayNet, an Equifax company, today launched a series of recession readiness tools in partnership with Keybridge.
As the market reacts to the yield curve inversion with recession concerns, PayNet's William Phelan comments for the Credit Union Journal on how organizations can prepare for growth no matter when a recession arrives.
PayNet SVP & GM William Phelan appeared on CNBC to discuss the trade war and its implications for US businesses.
PayNet SVP & GM William Phelan talks to Tearsheet about the recent merger with Equifax and what the combination means for the commercial credit space.
PayNet, an Equifax company that provides credit and analytics on small and medium enterprises (SMEs), today named Laura Kavanaugh as its Head of Product Management. Kavanaugh joins PayNet as the company accelerates its new product pipeline under Equifax to improve small business lending experiences and outcomes.
PayNet, an Equifax company that provides credit and analytics on small and medium enterprises (SMEs), today launched the PayNet Financial Statement Report™ (FSR). With a single click, financial institutions can use FSR to collect financial data from applicants to accelerate decision time and increase loans to small businesses.
Equifax Inc., (NYSE: EFX) a global data, analytics and technology company has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets.
What is the domain of independent financing companies? How do independents create value and differentiate themselves from often much larger and lower rate competitors?
Leading Indicator for Small Business Investment Breaks Expansion Streak.
Turn-key integration to enable financial institutions to leverage PayNet’s MasterScore® within Numerated’s real-time lending software.
William Phelan comments for American Banker on the alternative loan options available to small business borrowers as pressure builds for the Small Business Administration (SBA) to address its loan application backlog quickly once the government shutdown ends.
PayNet SVP & General Manager Bill Phelan sat down with Tearsheet to discuss the alternative lending options available to small businesses during the January 2019 government shutdown.
Latest PayNet Data Show Small Business Lending Remains Robust Despite Broader Market Volatility and Trade Concerns.
Blistering Pace of Capital Investment Continues Alongside Strong Financial Health
After Brief Respite, U.S. Private Business Lending Sees Another Double-Digit Increase in Capital Investment
U.S. Private Business Lending Continues Trend of Increased Investment in the Midst of Strong Financial Health
Thrive joins PayNet’s growing lineup of business partners
U.S. Small Business Lending Hit a Record High in May
U.S. Small Business Lending Expands for the Fifth Straight Month
U.S. Small Business Lending Nears All-Time High
PayNet sees investment improving as strong financial health persists
Akouba’s platform will now make PayNet data easily accessible for quick decision making
Bank Lending Strategies Can Generate Growth with C&I Lending
Investment Contracting with Financial Health Remaining Strong
PayNet addresses the U.S. House of Representatives, Committee on Small Business to testify on online lending’s role in improving small business capital access.
Modest Investment with Strong Financial Health
New Financial Technology Enables Banks To Review All Credits and Focus on the Highest Risks
Lower Private Company Growth Reflects Economic Uncertainty
Private Company Growth Turns Positive
PayNet, Inc. and Mirador announce an advanced integration of technology services for a mutual bank customer.
U.S. Small Business Default Rates for Most Industries Now Rising
Private Company Growth Contracts for Third Consecutive Month
Policy Uncertainty Impacts Small Business Growth
After a mild burst of activity, new investment by small businesses fell.
“The makings of solid expansion emerge from this recent release."