Small business delinquencies spike in April, led by retail and healthcare

Commercial Credit, Small Business Credit

PayNet SVP & General Manager Bill Phelan speaks to S&P Global Market Intelligence, reviewing the latest PayNet small business lending and delinquency data, which showed a particular spike in delinquencies for healthcare and retail. He compares the current business cycle with that of the Great Recession and explains which industries are holding steady and which have been more greatly impacted.

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