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Feb 09, 2017 After a tumultuous election season, can small business owners expect some certainty and stability heading into 2017?
Nov 15, 2016 Calling all small-business owners! Post a selfie with your small business and receive a free business credit report.
Sep 15, 2016 Small-business owners outpace consumers in credit management
Mar 17, 2016 New study explores how minority-owned small businesses are faring in today's economy
Feb 24, 2015 Small-business analysis shows gender differences in credit management
Nov 01, 2014 Experian launches mobile-compatible business reports website
Aug 29, 2012 8 steps to boost your business's commercial credit score
Jan 24, 2012 Experian's latest Business Benchmark Report shows signs of improvement in business performance in Q4 (Jan 2012)
Oct 18, 2011 U.S. businesses increase time it takes to pay bills in Q3, according to Experian's latest Business Benchmark Report (Oct 2011)
Aug 23, 2011 Delinquent debt on the rise for very small and largest businesses, according to Experian's latest Business Benchmark Report (Aug 2011)
Sep 01, 2010 Experian helps provide greater awareness and protection for small-business owners with its new business monitoring alerts
Aug 31, 2010 U.S. businesses paying bills more slowly, according to Experian's latest Business Benchmark Report (Aug 2010)
Jun 22, 2010 All industry sectors showing marked improvement in their risk scores, according to Experian's latest Business Benchmark Report (Jun 2010)
May 20, 2010 Commercial risk scores up 1.8 percent since beginning of the year, according to Experian's latest Business Benchmark Report (May 2010)
Apr 21, 2010 First quarter shows U.S. businesses are making a comeback, according to Experian's latest Business Benchmark Report (Apr 2010)
Mar 16, 2010 SCORE and Experian Team Up to Help Small Businesses Build Healthy Credit
Mar 15, 2010 Experian Announces Industry's First Online Triple Business Score Report
Feb 23, 2010 Businesses of all sizes showing signs of improvement, according to Experian's latest Business Benchmark Report (Feb 2010)
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Articles

Feb 2015 2014 Trends lead to promising economic outlook this year
May 2013 Small Businesses: Targets of Deception
Sep 2010 What You Need to Know About Hiring a Contractor
May 2010 Gaining a Clearer Picture of Small Business Risk in an Uncertain Market
Mar 2010 Managing the Customer Life Cycle in Uncertain Times
Feb 2010 Growing and maintaining a healthy business credit score in 2010



After a tumultuous election season, can small business owners expect some certainty and stability heading into 2017?

Latest Main Street Report reveals a confident lending market composed of strong balance growth and low delinquency rates that position 2017 as a strong year for small-business credit

Costa Mesa, Calif., Feb 09, 2017 — While it is still too early to say how the Trump administration will effect small business owners, for now the outlook of lenders and business owners appear to be stable and somewhat optimistic, based on overall credit performance. Experian®, the leading global information services company, and Moody's Analytics, a leading independent provider of economic forecasting, today announced that while small-business credit utilization rates remain flat from the previous quarter, credit balances expanded broadly and drove down delinquency rates to reveal a healthy lending market.

The latest Experian/Moody's Analytics Main Street Report reveals a positive finance market based on key factors from Q4 2016, which measure the overall health and well-being of the small-business sector. According to the report, the fourth quarter was defined by an increased willingness to lend, as results show a spike in total loan balance growth: a 7.7 percent increase from the third quarter and a 10.3 percent increase year over year. Despite the balance growth, utilization rates among small businesses remain just under 40 percent, leaving plenty of capacity for small-business owners with current available credit.

"The overall health of the small-business sector could depend on changing fiscal policies and how those policies will affect the small-business owner," said Gavin Harding, senior business consultant for Experian. "For example, if the Federal Reserve tightens monetary policy faster than anticipated, an interest rate shock could quickly cause balance growth to slow and delinquencies to rise, delivering a jolt to small business and consumption overall."

In a true testament to the improving economy, two of the hardest-hit industries over the past few years — mining and transportation/utility — are quickly showing signs of improvement. Following OPEC's announcement of supply cuts in late November of last year, oil prices ticked up, which has had a positive impact on the mining and transportation industries. The fourth quarter showed a sharp decline in delinquencies, falling 43 and 116 basis points, respectively from the previous quarter.

"The business and credit cycles are in their sweet spots," said Mark Zandi, chief economist for Moody's Analytics. "The economy is near full-employment, credit is flowing freely and credit quality is good and improving. Increasingly confident small businesses are willing and able to borrow more to help play their role powering economic growth."

Other sections in the Q4 2016 report include a detailed analysis of:
  • Small-business risk assessment strategies.
  • Regional perspectives.
  • Potential impacts from new fiscal and trade policies.
  • Credit quality.
  • A forecasted outlook for the coming months.

To get a copy of the latest Experian/Moody's Analytics Main Street Report, visit http://www.experian.com/business-information/landing/msr-q4-2016.html.

The full results of the report, as well as additional data and insights on small-business health, will be presented in a webinar on March 14 at 10 a.m. Pacific/1 p.m. Eastern. To register for the event or for more information, visit http://www.experian.com/business-information/landing/msr-q4-2016.html.

About the Experian/Moody's Analytics Main Street Report
Developed by Experian and Moody's Analytics, the Experian/Moody's Analytics Main Street Report brings deep insight into the overall financial well-being of the small-business landscape, as well as providing commentary about what certain trends mean for credit grantors and the small-business community as a whole. Key factors comprised by the Main Street Report include a combination of business credit data (credit balances, delinquency rates, utilization rates, etc.) and macroeconomic information (employment rates, income, retail sales, investments, etc.).

About Moody's Analytics
Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including the proprietary analysis of Moody's Investors Service, Moody's Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $3.5 billion in 2015, employs approximately 10,900 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodysanalytics.com.

About Experian
Experian is the world's leading global information services company. During life's big moments — from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.

We have 17,000 people operating across 37 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index. Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the company.

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Calling all small-business owners! Post a selfie with your small business and receive a free business credit report.


Costa Mesa, Calif., Nov 15, 2016 — As the busiest shopping season quickly approaches, small businesses everywhere are decking their halls and preparing to ring in the holidays. In honor of Small Business Saturday and Cyber Monday, Experian®, the leading global information services company, today announced a new Love My Small Biz program, offering small-business owners a free business credit report when they post a selfie with the hashtags #LoveMySmallBiz and #ShopSmall.

"Business owners are passionate about their businesses. We want to give them the opportunity to share that pride, as well as help position them for future success," said Hiq Lee, president of Experian's Business Information Services. "By proactively reviewing their business credit report, owners can gain a better understanding of the factors that influence the decisions affecting their enterprise. Having this insight empowers business owners to make smarter and more strategic choices, which will ultimately help to drive their business — and the economy — forward."

To participate in this new program, business owners must tweet a selfie featuring their small business and include the hashtag #LoveMySmallBiz and #ShopSmall. Small-business owners who tweet selfies with these hashtags will be eligible to receive their free business credit report, which is valued at up to $49. The program will run through the end of the year, and the offer does not apply to existing SmartBusinessReportsTM subscribers.

For more information on the #LoveMySmallBiz program, please visit bit.ly/love-my-smallbiz or follow us on Twitter @ExperianSMB and Instagram @Experian_b2b.

About Experian's Business Information Services
Experian's Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on virtually all U.S. companies, with the industry's most extensive data on the broad spectrum of small and midsize businesses.

By leveraging state-of-the-art technology and superior data-compilation techniques, Experian provides market-leading tools that proactively support the entire credit life cycle, enabling our clients to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision-making. We also help people to check their credit report and credit score and protect against identity theft. In 2016, for the third year running, we were named one of the "World's Most Innovative Companies" by Forbes magazine.

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2016, was US$4.6 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, "Inside Experian".

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Small-business owners outpace consumers in credit management

New study highlights credit and demographic differences between average consumers and small-business owners

Costa Mesa, Calif., Sep 15, 2016 — We know small business is the heart of the economy and part of the American Dream is to own a business. But just how successful is the average small-business owner compared with the average consumer? Experian®, the leading global information services company, today announced its Face of Small Business study, which examines key credit and demographic attributes of both groups to find out.

Details from the study are available today in an infographic and will be presented in a webinar on Sept. 27 at 10 a.m. Pacific time/1 p.m. Eastern time. For more information, visit http://www.experian.com/thefaceofsmallbusiness.


(Click on the image for a full view.)

The report contains results from an analysis of data on a random sample of 2.5 million small businesses and 1 million consumers. Findings show that small-business owners outpace consumers when it comes to credit management. For example, the average personal credit score for a small-business owner is 721 — 48 points higher than the average consumer score of 673. Small-business owners also have a higher amount of available credit, with an average credit limit of $56,100; consumers have an average credit limit of $26,900.

Debt load, however, also is higher for small-business owners, with the average total balance of all trades at $195,000 versus $96,000 for consumers. From a payment perspective, small-business owners have a higher monthly obligation as well, with an average payment of $2,032 compared with $954 for consumers. Despite these differences, only a relatively small percentage (5.9 percent) of small-business owners have one or more revolving bankcard trades that are 90-plus days beyond terms in the past 24 months compared with 7 percent of consumers.

"Since the health of small business tells the tale of how the overall economy is performing, it is encouraging to see that while small-business owners have an exceptional amount of credit available to them and carry a higher debt load, they have done a great job managing their payment obligations and keeping utilization low," said Pete Bolin, director of consulting and analytics for Experian's Business Information Services. "In order to explore possibilities and pursue opportunities, consumers and small-business owners alike need to master the credit management skills that will allow them to achieve their dreams — whether that dream is to start or expand a business or to finance a new home or vehicle."

In terms of demographic characteristics, small-business owners are more likely to own a home and have a higher income than the average consumer. For example, the average income for small-business owners is $91,600 versus $70,400 for consumers. Also, 62 percent of small-business owners own a home compared with only 47 percent of consumers.

Small-business owners tend to be a bit older and are more likely to have pursued higher education than the average consumer. The average age of a small-business owner is 56, and the average age of a consumer is 51. From an education perspective, 68.6 percent of small-business owners have attended some college and beyond, while only 53.5 percent of consumers have done so.

Other highlights from the report:
  • The average mortgage balance for small-business owners is $192,000 versus $147,000 for consumers.
  • The average number of open trades for small-business owners is 7.4 versus 4.4 for consumers.
  • The balance-to-limit ratio for small-business owners is 29.5 percent compared with 30.1 percent for consumers.
  • A higher percentage of small-business owners are married, with 68.3 percent having tied the knot versus 53.4 percent of consumers.
  • The average gender breakdown for small-business owners is 65.6 percent male and 31.2 percent female. For consumers the mix is more equal, with 46.4 percent female and 47 percent male.
For more information about this report or Experian's other research on the small-business marketplace, please visit http://www.experian.com/thefaceofsmallbusiness.

About Experian's Business Information Services
Experian's Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on virtually all U.S. companies, with the industry's most extensive data on the broad spectrum of small and midsize businesses.

By leveraging state-of-the-art technology and superior data-compilation techniques, Experian provides market-leading tools that proactively support the entire credit life cycle, enabling our clients to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score and protect against identity theft. In 2015, we were named one of the "World's Most Innovative Companies" by Forbes magazine.

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2016, was US$4.6 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, "Inside Experian".

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New study explores how minority-owned small businesses are faring in today's economy

Analysis highlights credit characteristics, industry preferences and demographic attributes of minority small-business owners

Costa Mesa, Calif., Mar 17, 2016 — As part of its analytical series on small businesses, Experian®, the leading global information services company, today announced a new study that offers insights into the health of minority-owned small businesses in the U.S.

"Given that minority-owned small businesses make up such a small percentage of the general small-business population — approximately 21 percent — industry professionals and regulators are becoming more interested in helping this segment grow and succeed," said Pete Bolin, director of consulting and analytics for Experian. "A primary component of accomplishing this objective is educating small-business owners on the importance of maintaining a positive credit profile. For example, keeping debt levels low and paying bills in a timely manner can help small-business owners better position themselves for growth opportunities."


(Click on the image for a full view.)


Findings from the study show that, compared with the overall small-business population, minority-owned small businesses are slightly behind when it comes to credit management. For example, the average business credit score* for a minority-owned small business is 49.7, nearly five points lower than the average for the general small-business population. As a consumer, the average credit score for a minority small-business owner is 707, 15 points lower than the overall average for small-business owners.

In terms of payment behavior, 1.2 percent of minority small-business owners have at least one business credit card account that is severely delinquent (91-plus days), while 8.3 percent have at least one consumer credit card account that is severely delinquent (90-plus days). Comparatively, 1.1 percent of the general small-business owner population have at least one severely delinquent business credit card account and 6.8 percent have at least one severely delinquent consumer account.

Most popular business types

Experian's analysis also identified the most popular industries for minority-owned businesses. The analysis shows that the industry of choice was eating places, which accounted for 7.3 percent of minority-owned businesses, followed by beauty shops (5.8 percent), legal services (2.9 percent), business services (2.7 percent) and real estate (2.5 percent).

Regardless of industry, the analysis found that the average consumer income for these business owners is $92,489. This is similar to the general small-business owner population, which has an average consumer income of $92,338. From an education perspective, 65.6 percent of minority small-business owners have at least some college experience, just slightly less than the general business population (68.3 percent).

"Gaining insight into the trends and behaviors of the small-business community is imperative given its importance to the growth and success of our overall economy," continued Bolin. "While a person's ethnicity will never be used in a credit decision, understanding the trends of minority-owned small businesses enables credit grantors to help these business owners find the appropriate lending products to expand their establishments and succeed."

Other findings:
  • Approximately 7 percent of all minority-owned businesses are based out of the home, while more than 10 percent of the general small-business population are home-based
  • More than 31 percent of minority small-business owners are women
  • Nearly 45 percent of all minority-owned small businesses come from three states: California (23.4 percent), Florida (11.4 percent) and Texas (10.1 percent)
  • Minority small-business owners have an average outstanding business balance of $8,759, while the general small-business owner population has an average outstanding balance of $9,066

Resources for business owners

Understanding and monitoring their business credit profile to ensure it is in good standing is a critical step for small-business owners to gain access to financial capital and grow their establishments. With the insights that business credit reports provide, small-business owners can take the appropriate actions necessary to positively impact their business. Experian provides some helpful resources to help small-business owners gauge the health of their business, including:
  • BusinessCreditFacts.com — an authoritative source for understanding and learning about the benefits of managing business credit. Visit http://www.businesscreditfacts.com.
  • Experian Business Credit — a site that enables small-business owners to access a copy of their business credit report and helps them understand the impact maintaining a positive credit profile can have on a small business. Visit http://www.experian.com/businesscreditreport.
  • Business Score PlannerTM — an education tool for business owners to understand how financial plans and changes to commercial credit information can impact a business credit score. Visit http://sbcr.experian.com/scoreplanner.

Methodology

The analysis is based on a statistically relevant sampling of data from Experian's consumer and business credit database from December 2015. Average scores are an average of the sample and are not representative of national consumer or small-business averages. Ethnic background was obtained from Ethnic Technologies, a provider of multicultural marketing data, ethnic identification software and ethnic data appending services.

About Experian's Business Information Services

Experian's Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on virtually all U.S. companies, with the industry's most extensive data on the broad spectrum of small and midsize businesses.

By leveraging state-of-the-art technology and superior data-compilation techniques, Experian provides market-leading tools that proactively support the entire credit life cycle, enabling our clients to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

About Experian

We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.

We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the "World's Most Innovative Companies."

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, "Inside Experian."

* Based on a scale of 1 to 100 (with 100 being least risky); predicts the likelihood of severe delinquency (more than 91 days past due) within the next 12 months

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Small-business analysis shows gender differences in credit management

Type of business also shown to split along gender lines

Costa Mesa, Calif., Feb 24, 2015 — Experian®, the leading global information services company, today announced new insights from a recent small-business analysis that showed small-business owners' payment behavior and credit management varies by gender. The analysis shows women business owners having a slightly lower commercial and consumer credit score than men. For example, the average commercial credit score for a woman-owned business is 34, while the average score for a male-owned business is 35. Similarly, the average consumer credit score for women business owners was 689 compared to male business owners at 699.

Businesses owned by women     Businesses owned by men
(Click on the images for a larger view.)


"Maintaining a positive credit profile is a powerful piece of advice for consumers and business owners, regardless of gender. Having good credit can make a difference in getting access to funds to help your business grow," said Peter Bolin, Experian's director of consulting and analytics. "Without access to this capital, it forces business owners to fund their enterprise through personal loans, which could put their personal credit at risk if the business struggles. This is especially troubling for women-owned businesses, as our research shows their credit scores are lower and take longer to pay their bills than their male counterparts."

In terms of payment behavior, the average number of days beyond contracted terms that male business owners pay their bills is 8.1 days, whereas women pay their bills 8.4 days past due.

During the analysis, Experian also reviewed additional credit attributes of small-business owners and found that:

  • More than 22 percent of male-owned businesses have at least one open commercial trade account, while the same can be said for only 18.5 percent of women-owned businesses
  • More than 25 percent of female business owners have between 10–19 open tradelines on their personal credit file, compared to 17.5 percent of male business owners
  • In the last 24 months, female business owners had an average of 1.3 personal accounts become 90-plus days past due, while male business owners had an average of 0.9 go delinquent

Business types by gender

Experian's analysis also looked at the top 10 industries for male- and female-owned businesses. There were several industries that ranked in the top 10 for both genders, including business services, retail stores, building maintenance, restaurants, real estate and management consulting. Those specific to men were general contracting, motion-picture and video-tape distribution, general automotive repair and plumbing, while those specific to women were beauty shops; personal services; child day care; and gift, novelty and souvenir stores.

Top 10 industries for male business owners Top 10 industries for female business owners
1. General contracting 1. Business services
2. Business services 2. Beauty shops
3. Real estate 3. Retail stores
4. Restaurants 4. Building maintenance
5. Motion-picture and video-tape distribution 5. Personal services
6. Retail stores 6. Restaurants
7. Building maintenance 7. Real estate
8. Management consulting 8. Child day care
9. General automotive repair 9. Gift, novelty and souvenir stores
10. Plumbing, heating and air conditioning 10. Management consulting

Additionally, 48.3 percent of women business owners run their business out of their home, compared to 44.8 percent of male business owners.

"While there are a lot of similarities in the industries male and female business owners explore, it is clear that there are still some distinct differences between the two," Bolin continued. "By understanding a business owner's credit behavior and demographic and firmographic information, lenders will be able to gain deeper insight in order to take appropriate action when making a lending decision or marketing to prospective clients."

The analysis found that male-owned businesses experience higher sales than women-owned businesses. More than 24 percent of male-owned businesses have sales that exceeded $500,000, while only 14.5 percent of women-owned businesses see sales of that size. Furthermore, 21.2 percent of male business owners have a personal income of $125,000 or greater, compared to just 17.4 percent of women business owners.

"The majority of NAWBO members are small-business owners, and access to capital to start or scale their businesses is often an obstacle to their success," said Darla Beggs, national board chair for the National Association of Women Business Owners. "Today, we are proud to continue to serve as an advocate for all women entrepreneurs and provide the information they need, such as this revealing study from Experian. We hope this information brings increased awareness to the connection between credit scores and access to capital, and we will work with our members to educate them on the benefits of good credit management."

Resources for business owners

Understanding and monitoring their company's business credit profile to ensure it is in good standing is essential for small-business owners to gain access to necessary capital. With the insights that business credit reports provide, small-business owners can take the appropriate actions necessary that will positively impact their business. Experian provides some helpful resources to help small-business owners gauge the health of their business, including:

  • BusinessCreditFacts.com — An authoritative source for understanding and learning about the benefits of managing business credit. Visit http://www.businesscreditfacts.com.
  • Experian Business Credit — A site that enables small-business owners to access a copy of their business credit report as well as understand the impact that maintaining a positive credit profile can have on a small business. Visit http://www.experian.com/businesscreditreport.
  • Business Score PlannerTM — An education tool for business owners to understand how financial plans and changes to commercial credit information can impact a business credit score. Visit http://sbcr.experian.com/scoreplanner.
Methodology

The analysis is based on a statistically relevant sampling of data from Experian's consumer and commercial credit database from November 2014. The sample was based on a known business population where gender was identifiable. Average scores are not representative of national averages or a random national sample. Gender information was obtained from Experian Marketing Services.

About Experian's Business Information Services

Experian's Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on virtually all U.S. companies, with the industry's most extensive data on the broad spectrum of small and midsize businesses.

By leveraging state-of-the-art technology and superior data compilation techniques, Experian provides market-leading tools that proactively support the entire credit life cycle, enabling our clients to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

About Experian

We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score, and protect against identity theft. In 2014, we were named by Forbes magazine as one of the "World's Most Innovative Companies."

We employ approximately 16,000 people in 39 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2014, was US$4.8 billion.

To find out more about our company, please visit www.experianplc.com or watch our documentary, "Inside Experian."

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Experian launches new mobile interface for your business credit report on the go

November 2014

Mobile plays a growing role in how small businesses and its owners manage operations.

To better address your needs on the go, we've built special technology to optimize the way you access your report through your mobile device.

Whether you are using your computer, tablet or smartphone, you will experience screen and report accessibility sized accordingly to your device. No special mobile app downloads required - Simply browse or bookmark our site, begin searching and download reports from a new user-friendly interface.

Through your mobile device, you will receive a readable version of your report showing a score, payment trends, public record counts and key business facts. Details of the report are offered through a single-click option to email you the PDF of the full report.

Key values include:
  • Anytime, anywhere access to scores and reports
  • Mobile Business Credit Advantage alerts for business owners
  • Usable on most iPhone and Android devices
  • Easy to read mobile report version
  • One-button click to email you the full report

For more information Click here.

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8 steps to boost your business's commercial credit score

By Erin Peterson of creditcards.com — Aug. 29, 2012

Many small businesses owners rely on their personal credit to secure funding for their work. But savvy owners know that personal credit is just a starting point: Those who work diligently to get and strengthen a commercial credit score put themselves in a better position to secure more credit, lower interest rates and better loan terms.

Perhaps most importantly, says Adam Fingersh, senior vice president of business information services at Experian, a strong commercial credit score will allow you to make a meaningful separation between your work and personal finances. Eventually, you'll be able to get credit backed solely by your business financials, instead of a personal guarantee required by most small business credit cards. "If something negative happens on the personal side of your life -- a loan delinquency or a foreclosure, for example -- it doesn't negatively affect your ability to get funding for your business or vice versa," Fingersh says.

Like a personal credit score, commercial scores have lots of moving parts, and many of them have an impact on your final number. To get a high score, know -- and follow -- the eight guidelines here.

1. Understand what you're looking at. A commercial credit score is between 1 and 100 and represents a percentage; a score of 90 means your credit risk is better than 90 percent of similar businesses. "The score takes into account financial and nonfinancial transactions and looks at other businesses in your industry and geographical area," says Rohit Arora, founder and CEO of Biz2Credit. "It's a weighted mean based on all of these factors."

2. Use your Tax Identification Number (TIN). Your commercial credit score typically starts the day you incorporate your company or officially get a tax identification number. "Any place you use your TIN number -- to sign up for utilities, to start a relationship with a supplier or vendor -- is a data point on your score," explains Arora. Use this number, as opposed to personal credit information, to create a more robust credit file for your business.

3. Pay reliably. As with personal credit scores, paying bills on time is the best way to build your credit score. Delinquent payments can have an immediate and significant negative effect on credit scores.

4. Be patient. If your score is lower than you want it to be because it's a thin file or you've bungled a payment in the past, don't expect improvements overnight, says New York attorney Leslie Tayne. "There is no quick fix," she says. "You've just got to keep doing do the right things -- paying bills, getting credit, paying it off -- over time."

5. Find overlooked problems. Sometimes, a deep dive into a commercial credit report can show small but critical problems that can be easily resolved. "Maybe your business is using an automated system that pays your utility bill five days past due every month because the payment cycle is set up incorrectly," says Fingersh. You might be surprised to learn your corporate filing has lapsed, or there's a lien or judgment against your business. Some fixes may take minutes to get you back on the right path.

6. Check for errors. Just as personal credit reports sometimes contain erroneous information, so can commercial credit scores. If something doesn't look right, contact the credit bureau and the company that's misreporting the information to get the problem resolved.

7. Make sure everything is being reported. If you've had a long-term relationship with a vendor or supplier, ask them to report the information if you don't see it on your report. "You want to make sure that the businesses that you have credit relationships with are reporting your information," says Fingersh.

8. Don't improve blindly. It's smart to try to secure a high commercial credit score, but if you have a specific goal in mind, don't leave it to chance, says Tayne. "If you know you're going to need significant credit for something a year from now, talk to the agency [you want to extend you credit], and ask, 'What would you want to see on my credit report?' Once you know that specific goal -- whether it's to clean up your credit or bring your score up -- it's easier to achieve."

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Experian's latest Business Benchmark Report shows signs of improvement in business performance in Q4 (Jan 2012)

Costa Mesa, Calif., Jan. 24, 2012 — Experian®, the leading global information services company, today released its Q4 Business Benchmark Report, which shows general improvement in business performance in most categories quarter over quarter, while metrics remain negative from a year-over-year perspective.

Risk scores remained relatively flat across all industry groups and geographic regions quarter over quarter and year over year. Interestingly, the largest businesses (those with more than 1,000 employees) showed the greatest quarter-over-quarter improvement (2.2 percent) but the largest decline (14.7 percent) year over year.

Days beyond terms (DBT) appears to be stabilizing quarter over quarter, across all business sizes, industry groups and geographic regions. However, DBT remains significantly negative year over year, increasing by as much as 13.8 percent.

The percentage of dollars delinquent has remained relatively flat quarter over quarter, with the exception of larger businesses (those with 250 or more employees) that have shown significant improvements, reducing their debt by as much as 11 percent. Performance in this category varies quarter over quarter by industry sector and geographic region. Year over year, the change in percentage of dollars delinquent varies across all business sizes. Notably, midsize businesses (those with 250 to 499 employees) saw the greatest positive change, improving by 35.9 percent.

"The general stabilization and signs of improvement seen in Q4 are encouraging. No matter what the business size, industry or geographic region, having a strong risk score, paying bills on time and reducing delinquent debt are important elements to achieving a positive business profile," said Allen Anderson, president, Experian's Business Information Services. "Building and maintaining positive credit is critical to a business's success, because it helps them obtain more favorable payment terms or interest rates."

Other findings from the Q4 Business Benchmark Report include the following:

Risk score*

·         The average commercial risk score* in December 2011 was 57.4. This metric remained relatively stable over the Q4 2011 time period and over the previous year.

·         The largest businesses (those with more than 1,000 employees) showed the greatest improvement (2.2 percent) in their commercial risk score quarter over quarter. When compared year over year, the analysis showed that businesses of all sizes remained relatively stable in commercial risk score, with the exception of the largest businesses that showed a significant decline, decreasing by 14.7 percent.

·         Quarter over quarter, all regions showed a slight improvement in commercial risk score, with the Southeast showing the greatest improvement at 1.2 percent. When compared with the previous year, the Southeast and Plains businesses showed the greatest decline in commercial risk score decreasing by as much as 3.5 percent.


*Based on a scale of 1 to 100 (with 100 being least risky) and predicts the likelihood of severe delinquency (more than 91 days past due) within the next 12 months.

Average days beyond terms (DBT)

·         U.S. businesses paid their bills an average of 7.3 days beyond contracted terms in December 2011. This metric remained relatively flat quarter over quarter, showing a 1.6 percent increase. When compared year over year, DBT has seen a 13.8 percent increase.

·         Quarter over quarter, all business sizes have remained relatively stable in their payment performance, showing only slight worsening. When compared with the previous year, however, businesses of all sizes showed an increase in DBT, which is consistent across all industries and geographic regions.

Percentage of dollars delinquent

·         The national average percentage of dollars delinquent and the percentage of dollars considered severely delinquent (more than 91 days past due) have remained relatively stable, increasing by 1.4 percent and 1.7 percent respectively quarter over quarter. Compared with the previous year, both metrics have increased by 7.6 percent and 16.2 percent, respectively.

·         Quarter over quarter, the Communications sector showed the greatest decrease in delinquent dollars, improving by 28.0 percent. When compared with the previous year, the Finance and Utilities sectors showed the greatest decrease in percentage of dollars delinquent, improving by as much as 28.4 percent. Among the largest increases in percentage of dollars delinquent were the Legal Services (20.8 percent) and Real Estate (19.5 percent) sectors.

·         Quarter over quarter, the Communications sector showed the greatest decrease in percentage of dollars considered severely delinquent, improving by as much as 34.0 percent. Year over year, the Utilities sector showed one the greatest decreases in percentage of dollars considered severely delinquent, improving by 29.3 percent. Conversely, Real Estate, Legal Services and Public Services showed the greatest increase in percentage of dollars considered severely delinquent, rising by as much as 36.8 percent year over year.

·         Quarter over quarter, New England, Mid-Atlantic, Southeast and Plains regions showed the greatest increase in percentage of dollars delinquent, worsening by as much as 7.8 percent. Year over year, businesses in the Plains, Midwest and Southeast regions showed the greatest increase in percentage of dollars delinquent, rising by as much as 20.3 percent. Meanwhile, the Northeast and South Central regions showed the greatest decrease in percentage of dollars delinquent, improving by as much as 7.2 percent over the same time frame.

·         The quarter-over-quarter comparison showed that most regions increased their percentage of severely delinquent dollars, with the New England and Northeast regions showing the greatest increase, rising by as much as 7.9 percent. Conversely, the Mountain region showed the greatest decrease in percentage of dollars considered severely delinquent, improving by 8.9 percent. Year over year, most regions showed an increase in percentage of severely delinquent dollars. The Mountain, Northwest and Midwest regions showed the greatest increase, rising by as much as 29.9 percent.

Business Benchmark Report

December 2011

      Quarter change

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

National average

57.4

7.3

10.3%

6.5%

0.7%

1.6%

1.4%

1.7%

Number of employees

Nonemployer

59.4

7.0

7.1%

5.5%

0.9%

1.9%

1.5%

1.4%

One to four

55.5

8.5

16.7%

13.2%

0.6%

1.4%

1.4%

2.4%

Five to nine

53.4

7.9

14.4%

10.5%

0.3%

1.1%

1.2%

1.4%

10 to 19

52.6

6.7

12.1%

7.3%

0.0%

1.4%

4.2%

7.8%

20 to 49

54.5

5.2

9.8%

4.8%

-0.1%

1.4%

3.0%

4.5%

50 to 99

55.9

4.4

9.3%

3.5%

-0.1%

2.0%

-0.3%

4.5%

100 to 249

54.3

4.4

8.9%

1.8%

-0.2%

1.2%

10.3%

-5.0%

250 to 499

52.5

4.8

5.9%

1.3%

0.2%

1.4%

-11.0%

-3.4%

500 to 999

51.4

5.4

8.2%

0.5%

0.0%

2.1%

-7.1%

-11.1%

1,000 and more

35.6

7.5

18.1%

1.3%

2.2%

1.3%

-1.5%

-24.2%

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Industry group

Agriculture

61.7

9.6

13.3%

9.2%

0.7%

6.2%

8.2%

8.8%

Forestry

64.8

4.6

12.1%

5.5%

0.3%

6.6%

55.9%

55.7%

Mining

59.0

3.8

2.7%

0.2%

-0.1%

5.4%

-5.4%

-16.8%

Construction

54.1

13.1

25.9%

19.2%

0.3%

1.5%

7.5%

8.1%

Manufacturing

54.8

5.6

12.8%

4.7%

-0.1%

1.3%

7.1%

7.3%

Transportation

52.8

7.9

11.3%

5.8%

0.4%

1.7%

-1.6%

3.8%

Communications

49.1

8.8

13.9%

6.9%

0.1%

1.6%

-28.0%

-34.0%

Utilities

68.7

5.9

8.8%

3.2%

10.1%

1.8%

7.2%

5.4%

Wholesale trade

55.0

5.4

8.9%

3.6%

0.0%

1.2%

1.6%

5.1%

Retail trade

51.1

7.6

15.2%

7.0%

0.4%

0.9%

-0.2%

-1.3%

Finance

49.1

9.4

9.6%

7.5%

0.7%

1.2%

-2.3%

-1.8%

Insurance

57.0

5.6

13.0%

8.8%

0.5%

1.6%

0.6%

1.9%

Real estate

55.5

7.3

8.0%

6.3%

0.5%

1.3%

0.7%

3.8%

Hospitality

51.3

5.4

4.6%

3.0%

0.7%

1.3%

4.2%

-2.8%

Business services

53.1

9.8

13.9%

10.1%

0.6%

1.3%

0.4%

1.3%

Health services

59.4

4.0

7.5%

4.3%

0.5%

1.1%

1.7%

-0.1%

Legal services

55.1

5.0

15.4%

10.1%

0.4%

1.5%

1.5%

1.8%

Educational services

60.3

5.1

9.5%

6.1%

0.2%

1.3%

-1.2%

-0.9%

Public administration

59.7

3.7

10.6%

5.0%

0.4%

2.1%

2.8%

9.4%

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Region

Mid-Atlantic

60.2

5.6

25.2%

13.5%

0.5%

1.8%

6.6%

5.4%

Midwest

58.6

11.0

21.2%

14.8%

0.6%

1.5%

3.7%

2.8%

Mountain

57.3

3.9

3.0%

1.6%

0.8%

2.5%

-6.0%

-8.9%

New England

61.4

4.6

24.6%

12.9%

0.4%

1.8%

7.8%

7.9%

Northeast

55.6

5.2

24.8%

13.5%

0.2%

1.5%

-0.8%

6.1%

Northwest

60.5

4.0

8.3%

3.7%

0.4%

1.4%

-0.9%

-2.1%

Plains

59.9

5.7

15.0%

7.0%

0.8%

2.9%

5.1%

4.2%

South Central

57.3

5.5

5.6%

2.4%

0.9%

1.9%

1.2%

1.9%

Southeast

54.0

9.9

24.4%

17.1%

1.2%

1.7%

5.2%

6.0%

Southwest

57.1

6.5

4.6%

3.3%

0.6%

1.1%

0.6%

1.0%

To download previous reports or to see a visual representation of this data and other information broken down by state in an interactive map, visit http://www.businesscreditfacts.com/map.

About Experian's Business Benchmark Report

Experian's Business Benchmark Report is a quarterly look at how businesses are faring in the United States. Designed to monitor the health of U.S. businesses, the report focuses on key risk indicators such as commercial risk score, DBT and percentage of delinquent debt. The Q4 report reflects December 2011 data as well as a trending view of the October–December 2011 time period.



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U.S. businesses increase time it takes to pay bills in Q3, according to Experian's latest Business Benchmark Report (Aug 2011)

Costa Mesa, Calif., Oct. 18, 2011 — Experian®, the leading global information services company, today released its Q3 Business Benchmark Report, showing that all U.S. businesses have demonstrated an increase in slow payment compared with September 2010, with large businesses showing the greatest increase.

 

Businesses with more than 1,000 employees had the greatest percentage increase (28.3 percent) in days beyond terms (DBT). They increased their late payments by more than 1.5 days on average, going from 5.7 DBT in September 2010 to 7.3 DBT in September 2011.

 

The smallest businesses (with zero to four employees) have increased their late payments by as much as 20.5 percent, or by more than a full day beyond terms, compared with the previous year. Specifically, businesses with no employees went from 5.6 DBT in September 2010 to 6.7 DBT in September 2011, and businesses with one to four employees went from 7.1 DBT in September 2010 to 8.2 DBT in September 2011.

 

"Payment performance is critical for all businesses because it has an impact on risk scores and, consequently, a business' access to credit," said Allen Anderson, president of Experian's Business Information Services. "Our Q3 analysis shows small and large businesses are struggling to meet their financial obligations on time, but it could be for very different reasons. For example, while large businesses may be able to handle a delay in payments due to more established resources, their own delay in payments could simply be part of a cash management strategy. Smaller businesses, however, may feel more squeezed, as payment delays from their customers could force a delay in their own payment obligations."

 

Other findings from the Q3 Business Benchmark Report include the following:

 

Risk score*

·         The average commercial risk score in September 2011 was 57.3, remaining relatively stable over the Q3 trend. Compared with 2010, the average risk score dropped by 1.8 percent.

·         The smallest businesses (those with zero to four employees) and the largest businesses (those with more than 1,000 employees) showed the greatest decrease in commercial risk score year over year, declining by as much as 2.4 percent. However, over the Q3 2011 trend, the largest businesses improved their commercial risk score by 5.5 percent.

·         Regions: Businesses in the Southwest region maintained their commercial risk scores compared with the previous year. All other regions showed a decrease, with the Plains region declining by as much as 4.1 percent year over year.


*Based on a scale of 1 to 100 and predicts the likelihood of severe delinquency (slow 91-plus) within the next 12 months.

 

Average DBT

·         U.S. businesses paid their bills an average of 7.1 days beyond contracted terms in September 2011, a 16.2 percent increase compared with September 2010. The trend for Q3 2011 shows that most businesses continue to increase their DBT, rising by as much as 2.1 percent. However, midsize businesses (those with 100 to 249 employees) decreased their DBT by 1.4 percent during the Q3 2011 period.

·         Sectors: All business sectors showed an increase in DBT in a year-over-year comparison. Some of the largest increases in slow payment came from the Construction (19.7 percent), Real Estate (15.4 percent) and Communications (15.4 percent) sectors. However, the Q3 2011 trend showed that most business sectors remained relatively stable in their payment performance, with only slight worsening occurring in the Transportation, Utilities and Communications sectors.

·         Regions: In September 2011, all regions showed an increase in DBT. Midwest businesses increased their DBT by more than two full days, or by as much as 28.5 percent, compared with the previous year. The Q3 2011 trend showed only minor increases in DBT across all regions.

 

Percentage of dollars delinquent

·         The national average percentage of dollars delinquent and the percentage of dollars considered severely delinquent (more than 91 days past due) have increased by 11.9 percent and 15.8 percent, respectively, compared with September 2010. Over the Q3 trend, these metrics have remained relatively stable, increasing by 2.1 percent and 1.5 percent, respectively.

·         Smaller businesses with one to four employees saw the most notable change in percentage of dollars considered severely delinquent, going from 9.8 percent to 12.3 percent compared with the previous year.

·         The largest businesses (with more than 1,000 employees) have seen the greatest increase in percentage of delinquent dollars compared year over year, increasing by 31.3 percent. This group also showed one of the greatest increases in severely delinquent debt year over year, with an increase of 78.8 percent. Over the Q3 trend, this group has shown a 5.5 percent increase in delinquent dollars and a 13.8 percent increase in severely delinquent dollars.

·         Regions: Mountain, South Central and Southwest businesses showed the greatest increase in percentage of dollars delinquent, rising by as much as 29.4 percent year over year. Businesses in the Midwest and South Central regions exhibited the greatest increase in percentage of dollars considered severely delinquent, rising by as much as 24.8 percent compared with the same time period. Conversely, businesses in the Northeast region showed the greatest improvement in percentage of dollars delinquent and severely delinquent, reducing debt by 10.4 percent and 1.1 percent, respectively. The trend for Q3 2011 showed businesses in the Plains region had the greatest increase in percentage of delinquent dollars and percentage of dollars considered severely delinquent, rising by 15.9 percent and 12.2 percent, respectively.

 

 

Business Benchmark Report

 

 

 

 

 

September 2011

 

 

 

 

       Year-Over-Year change

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

National average

57.3

7.1

10.0%

6.2%

 

-1.8%

16.2%

11.9%

15.8%

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees

 

 

 

 

 

 

 

 

 

Nonemployer

59.2

6.7

6.9%

5.4%

 

-2.1%

20.5%

18.8%

24.8%

 

One to four

55.4

8.2

15.6%

12.3%

 

-2.2%

14.7%

16.3%

25.8%

 

Five to nine

53.6

7.6

13.4%

9.7%

 

-1.4%

15.8%

7.5%

12.9%

 

10 to 19

53.0

6.4

11.8%

6.6%

 

-1.3%

12.7%

7.4%

6.7%

 

20 to 49

55.0

5.1

10.1%

4.5%

 

-0.7%

10.1%

12.5%

7.9%

 

50 to 99

56.5

4.2

8.9%

2.9%

 

0.2%

8.3%

-2.7%

-15.5%

 

100 to 249

55.1

4.2

7.8%

1.7%

 

0.5%

7.9%

0.6%

-31.2%

 

250 to 499

53.0

4.8

7.1%

1.5%

 

-0.2%

13.3%

-14.9%

129.9%

 

500 to 999

51.9

5.4

8.9%

0.7%

 

0.2%

14.2%

26.5%

-24.5%

 

1,000 and more

39.0

7.3

19.2%

1.8%

 

-2.4%

28.3%

31.3%

78.8%

 

 

 

 

 

 

 

 

 

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Industry group

 

 

 

 

 

 

 

 

 

Agriculture

61.9

7.9

12.3%

8.1%

 

-2.4%

11.6%

9.8%

7.0%

Forestry

64.7

3.9

5.7%

2.6%

 

-1.3%

21.3%

38.0%

0.8%

Mining

59.6

3.4

3.2%

0.3%

 

-1.2%

3.4%

11.7%

-3.3%

Construction

54.0

12.6

23.1%

17.0%

 

-2.5%

19.7%

10.3%

11.3%

Manufacturing

55.2

5.5

11.1%

4.1%

 

-0.5%

12.1%

2.2%

-10.3%

Transportation

52.7

7.6

12.5%

5.7%

 

-0.7%

14.2%

10.0%

-2.9%

Communications

49.4

8.6

20.1%

10.6%

 

-0.5%

15.4%

-18.0%

-26.6%

Utilities

59.9

5.7

8.7%

3.3%

 

-13.0%

9.0%

-21.2%

43.3%

Wholesale trade

55.3

5.3

8.9%

3.6%

 

-1.2%

13.9%

5.2%

13.7%

Retail trade

51.2

7.5

15.6%

7.0%

 

-1.1%

12.6%

6.7%

14.2%

Finance

49.0

9.1

10.5%

8.4%

 

-0.2%

11.7%

23.1%

37.6%

Insurance

57.2

5.4

12.6%

9.0%

 

-2.2%

13.7%

-6.9%

0.1%

Real estate

55.3

7.0

7.3%

5.7%

 

-1.4%

15.4%

23.3%

35.0%

Hospitality

51.1

5.1

4.5%

2.9%

 

-1.8%

12.6%

99.0%

86.4%

Business services

53.0

9.5

13.4%

9.2%

 

-2.0%

13.6%

13.3%

12.9%

Health services

59.5

3.9

6.9%

4.3%

 

-1.8%

10.1%

14.0%

23.2%

Legal services

55.4

4.9

14.9%

9.8%

 

-0.7%

9.8%

15.5%

44.6%

Educational services

60.6

4.9

9.2%

6.0%

 

-1.3%

12.2%

7.6%

12.1%

Public administration

60.3

3.6

11.7%

4.0%

 

-2.5%

10.8%

16.0%

31.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Region

 

 

 

 

 

 

 

 

 

Mid-Atlantic

60.0

5.3

22.2%

12.0%

 

-0.9%

11.4%

-6.4%

4.0%

Midwest

58.8

10.6

19.8%

14.1%

 

-2.1%

28.5%

11.8%

24.8%

Mountain

57.0

3.7

3.4%

1.8%

 

-2.7%

10.0%

29.4%

12.7%

New England

61.3

4.4

21.8%

11.3%

 

-0.3%

14.6%

2.3%

9.1%

Northeast

55.6

5.0

23.6%

12.2%

 

-0.1%

15.6%

-10.4%

-1.1%

Northwest

60.0

3.9

9.1%

3.9%

 

-1.2%

9.9%

7.2%

0.9%

Plains

60.0

5.4

14.8%

6.6%

 

-3.2%

10.2%

3.8%

2.7%

South Central

57.3

5.3

5.6%

2.4%

 

-2.3%

10.4%

16.4%

19.9%

Southeast

53.8

9.5

22.1%

14.9%

 

-4.1%

10.4%

8.4%

5.5%

Southwest

57.1

6.3

4.5%

3.1%

 

0.4%

14.7%

13.1%

11.2%



To download previous reports or to see a visual representation of this data and other information broken down by state in an interactive map, visit http://www.businesscreditfacts.com/map.



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Delinquent debt on the rise for very small and largest businesses, according to Experian's latest Business Benchmark Report (Aug 2011)

Costa Mesa, Calif., Aug. 23, 2011 — Experian®, the leading global information services company, today announced findings from its recently redesigned Business Benchmark Report. Findings from the Q2 report showed that the amount of delinquent debt has increased significantly for the largest and smallest businesses. Very large businesses (those with more than 1,000 employees) had the greatest shift in percentage of dollars delinquent, going from 11.6 percent in June 2010 to 18.2 percent in June 2011, and very small businesses (those with one to four employees) had the greatest shift in percentage of dollars considered severely delinquent, going from 9.9 percent in June 2010 to 11.7 percent in June 2011.

 

Conversely, the Q2 report indicated that businesses with 100 to 249 employees have shown the greatest improvement in percentage of dollars delinquent and severely delinquent, reducing their debt by as much as 7.3 percent and 35.8 percent, respectively, year over year. The trend for Q2 mirrors this observation, showing that businesses with 100 to 249 employees have significantly decreased their delinquent and severely delinquent dollars by 5.4 percent and 20.2 percent, respectively.

Experian’s Business Benchmark Report provides a look at the health of U.S. businesses, focusing on key risk indicators such as commercial risk score,* days beyond terms (DBT) and percentage of delinquent debt. Experian recently redesigned the report to provide improved insights that will assist business-to-business professionals in better identifying potential risk and areas of opportunity.
*Based on a scale of 1 to 100 and predicts the likelihood of severe delinquency (slow 91-plus) within the next 12 months.

Other findings from the Q2 Business Benchmark Report include the following:

Risk score

·         The average commercial risk score for June 2011 was 57.4, worsening by 1.4 percent when compared with June 2010. However, the Q2 trend showed that this metric has remained relatively flat in recent months.

·         Very large businesses have seen the greatest deterioration in commercial risk scores in a year-over-year comparison, decreasing by 13.2 percent. However, the Q2 trend showed a slight but steady improvement in commercial credit risk scores for very large businesses, rising by 2.2 percent.

·         In June 2011, the commercial risk scores for businesses in the Mid-Atlantic and Northeast regions remained steady when compared with the previous year. All other regions showed deterioration in scores, with the Southeast region showing the greatest decrease in average score, worsening by 4.3 percent year over year.


DBT

·         U.S. businesses paid their bills an average of 6.8 days beyond contracted terms in June 2011, a 12.5 percent increase when compared with June 2010. However, according to the Q2 trend, businesses have shown relative stability, decreasing by only 0.6 percent.

·         All business sectors have shown an increase in slow payment in a year-over-year comparison. The largest increase in slow payment came from the Construction industry (17 percent) and Insurance industry (15.7 percent) when compared with June 2010. However, the Q2 trend showed that the Utilities, Insurance, Legal Services and Health Services sectors have improved their DBT by as much as 2.9 percent.

·         In June 2011, all regions showed deterioration in DBT, with Midwest businesses showing the greatest increase (23.9 percent) in slow payment compared with the previous year. However, all regions showed a relative stabilization in DBT in the Q2 trend, decreasing their slow payment by as much as 1.4 percent.


Percentage of dollars delinquent

·         The national average percentage of dollars delinquent and percentage of dollars considered severely delinquent increased by 7.1 percent and 3.7 percent, respectively, when compared with June 2010.

·         The Insurance sector showed the greatest decrease in percentage of dollars delinquent and severely delinquent, reducing its debt by 38.9 percent and 45.5 percent, respectively, year over year. The trend for Q2 2011 showed that Insurance continued to reduce its delinquent debt (by 7.5 percent) and severely delinquent debt (by 8.5 percent).

·         As of June 2011, Midwest, Southeast and Mid-Atlantic businesses have shown the greatest increase in percentage of dollars delinquent, increasing by as much as 15.9 percent when compared with the previous year. Businesses in the Northwest and the Midwest have shown the greatest increase in percentage of dollars considered severely delinquent, increasing by 35.6 percent and 18.2 percent, respectively, in the same time period. Conversely, businesses in the Southwest showed the greatest improvement in delinquent and severely delinquent dollars, reducing their debt by 16.9 percent and 24.9 percent, respectively, year over year.

·         The trend for Q2 2011 showed that the Mountain region has increased its delinquent debt (by 9.7 percent) and percentage of dollars severely delinquent (by 21.3 percent). Additionally, the Northwest has continued to increase its percentage of delinquent and severely delinquent debt, rising by 4.7 percent and 22.9 percent, respectively.

 

Business Benchmark Report

 

 

June 2011

 

 

 

 

Year-Over-Year change

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

National average

57.4

6.8

9.5%

5.9%

 

-1.4%

12.5%

7.1%

3.7%

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees

 

 

 

 

 

 

 

 

 

Nonemployer

59.1

6.4

6.8%

5.1%

 

-1.3%

13.4%

2.9%

3.5%

 

One to four

55.3

8.0

14.9%

11.7%

 

-2.3%

12.3%

13.2%

19.1%

 

Five to nine

53.4

7.3

12.4%

9.0%

 

-1.9%

12.8%

0.4%

3.2%

 

10 to 19

52.8

6.2

10.9%

6.5%

 

-1.8%

12.2%

0.4%

-3.8%

 

20 to 49

54.6

5.0

9.0%

4.5%

 

-1.1%

12.5%

4.4%

-3.7%

 

50 to 99

55.8

4.2

9.1%

3.1%

 

-0.4%

13.1%

13.6%

-1.8%

 

100 to 249

54.2

4.3

6.7%

1.6%

 

-0.2%

18.4%

-7.3%

-35.8%

 

250 to 499

53.0

4.7

5.2%

1.1%

 

0.7%

13.1%

-18.2%

69.4%

 

500 to 999

52.4

5.1

7.4%

0.7%

 

2.1%

21.1%

16.6%

3.8%

 

1,000 and more

36.0

6.1

18.2%

1.3%

 

-13.2%

16.7%

57.0%

37.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $91+

Industry group

 

 

 

 

 

 

 

 

 

Agriculture

62.7

8.8

10.5%

8.0%

 

-0.1%

10.4%

-17.9%

-19.4%

Forestry

65.3

3.8

4.4%

2.9%

 

0.0%

11.6%

-7.8%

3.7%

Mining

60.0

3.2

2.8%

0.3%

 

-0.4%

3.3%

24.9%

-14.7%

Construction

54.2

12.1

22.8%

17.4%

 

-1.9%

17.0%

14.4%

15.5%

Manufacturing

55.0

5.2

10.6%

4.0%

 

-1.0%

12.5%

3.0%

-12.8%

Transportation

52.7

7.1

10.6%

4.8%

 

-0.4%

7.3%

-5.0%

-17.9%

Communications

48.9

8.1

19.3%

11.7%

 

-1.2%

9.9%

-16.6%

-10.3%

Utilities

69.2

5.4

6.9%

2.7%

 

0.0%

6.7%

0.1%

3.3%

Wholesale trade

55.4

5.1

7.7%

3.2%

 

-0.7%

11.4%

9.0%

6.9%

Retail trade

50.7

7.2

14.8%

6.4%

 

-2.2%

8.5%

11.5%

0.7%

Finance

48.2

8.9

11.2%

7.8%

 

-2.3%

10.1%

18.2%

4.4%

Insurance

56.7

5.3

11.9%

8.1%

 

-3.5%

15.7%

-38.9%

-45.5%

Real estate

55.1

6.9

7.3%

5.6%

 

-1.7%

14.1%

21.6%

30.0%

Hospitality

50.4

5.1

3.4%

2.5%

 

-3.1%

11.4%

21.8%

27.7%

Business services

53.0

9.2

12.7%

9.0%

 

-2.1%

10.4%

12.5%

10.0%

Health services

59.2

3.8

6.3%

3.9%

 

-2.3%

9.7%

2.3%

6.2%

Legal services

54.8

4.8

13.6%

9.0%

 

-1.6%

13.7%

12.5%

16.6%

Educational services

60.4

4.8

8.8%

5.5%

 

-1.5%

10.6%

6.5%

-1.9%

Public administration

60.6

3.4

9.7%

4.1%

 

-1.3%

7.8%

-8.4%

50.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $91+

Region

 

 

 

 

 

 

 

 

 

Mid-Atlantic

60.4

5.1

23.5%

12.4%

 

0.1%

8.4%

11.0%

13.5%

Midwest

59.2

10.3

18.6%

13.0%

 

-0.9%

23.9%

15.9%

18.1%

Mountain

57.2

3.7

3.3%

1.7%

 

-1.6%

8.7%

5.1%

5.5%

New England

61.0

4.3

20.5%

11.2%

 

-0.5%

12.7%

6.0%

12.6%

Northeast

55.3

4.7

25.0%

12.5%

 

0.1%

10.7%

0.7%

-9.3%

Northwest

60.3

3.8

8.5%

3.9%

 

-0.1%

6.9%

5.2%

35.6%

Plains

60.9

5.4

10.7%

5.3%

 

-1.2%

8.9%

-4.8%

2.6%

South Central

57.3

5.1

5.1%

2.2%

 

-1.2%

5.4%

7.6%

-10.8%

Southeast

53.5

9.2

21.4%

14.5%

 

-4.3%

8.1%

14.6%

11.8%

Southwest

56.1

6.0

4.2%

2.9%

 

-0.9%

11.1%

-16.9%

-24.9%



To download previous reports or to see a visual representation of this data and other information broken down by state in an interactive map, visit http://www.businesscreditfacts.com/map.

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Experian helps provide greater awareness and protection for small-business owners with its new business monitoring alerts


New alerts empower small-business owners to become more proactive in gaining knowledge of both credit and noncredit changes

Costa Mesa, CA, Sep. 01, 2010 — Experian®, the global information services company, today announced the addition of new email alerts as part of its already-robust Business Credit Advantage(SM) monitoring plan. The alerts provide small-business owners with notification of changes to their business credit report. With the new alerts, business owners now are able to receive notification on business address changes, newly opened tradelines and score changes. This helps business owners become aware of changes that could have a positive or a negative impact on business lending terms.

"Business Credit Advantage provides an easy and economical way for small-business owners to track business changes, manage their credit and guard their business against identity theft," said Allen Anderson, president, Experian's Business Information Services. "Knowing that their business credit information and score are monitored daily provides small-business owners with a sense of security knowing they can take immediate action if changes occur."

Unlike competitive offerings, Business Credit Advantage now includes reported changes to a business's address. This type of event is not directly related to a business's credit standing, but it is a key indicator of potential fraudulent activity. With early notification of this change, business owners receive an additional layer of fraud protection while proactively monitoring the health of their business profile.

Business Credit Advantage now delivers a full complement of email alerts, including:
  • Business address changes
  • Business credit score changes
  • Newly opened credit tradelines
  • Credit inquiries on the business profile
  • Potentially negative information, including delinquent payments
  • Uniform Commercial Code filings
  • Public record filings, including bankruptcy, liens and judgments
  • Collection filings

A subscription to Business Credit Advantage also provides business owners with unlimited access to their business credit report, score and score trends. It's available at http://www.smartbusinessreports.com.

About Experian's Business Information Services

Experian's Business Information Services partners with organizations to establish and strengthen customer relationships, enabling them to mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on U.S. companies of all sizes, with the industry's most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools, such as BusinessIQ(SM), that assist clients in processing new applications, managing customer relationships and collecting on delinquent accounts. For more information about Experian's advanced business-to-business products and services, visit http://www.experian.com/b2b.

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients in more than 90 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2010, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and São Paulo, Brazil.

For more information, visit http://www.experianplc.com.

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U.S. businesses paying bills more slowly, according to Experian's latest Business Benchmark Report (Aug 2010)

Costa Mesa, Calif., Aug. 31, 2010 — Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. Findings from the July report show that the national average number of days that businesses paid their bills beyond contracted terms increased by 2 percent in July compared with June. When compared with six months ago, the average payment beyond contracted terms has increased by 3.3 percent. The July report also showed that the national average dollars delinquent and dollars severely delinquent (91 or more days) are up (6 percent and 13 percent, respectively) when compared with six months ago.


Other findings from this month’s Business Benchmark Report include the following:


Risk score:

· The average commercial risk score* for July was 58.3, up 0.5 percent over June’s average score of 58.0. The score is essentially unchanged when compared with six months ago.

· In July, very large businesses (those with more than 1,000 employees) showed an almost 6 percent drop in their risk scores compared with June, going from 41.6 to 39.3. However, these businesses continue to demonstrate the greatest overall improvement in risk scores when compared with six months ago, when the average score was 38.2.

· In July, public administration showed the biggest improvement in risk scores over the past six months, improving by 1.6 percent. Conversely, the financial sector showed the greatest decline in risk scores over the same six-month period, decreasing by 1.5 percent.

· Pennsylvania (61.4), Massachusetts (61.2) and Illinois (58.9) were the only states with the largest metropolitan areas that had risk scores better than the national average in July.

*Based on a scale of 1 to 100, and predicts the likelihood of severe delinquency (slow 91 plus) within the next 12 months


Average days beyond terms (DBT):

· Very large businesses and nonemployer businesses have shown the greatest increase in DBT, increasing by 5.6 percent and 4.0 percent, respectively, when compared with six months ago. Conversely, midsize businesses (with 50 to 499 employees) showed the biggest improvement, reducing DBT by as much as 6.1 percent over the same period.

· The largest increase seen in DBT month over month was in the nonemployer category, which increased by 2 percent to 5.7 days. Conversely, the biggest improvement in average DBT was seen in the large business category (those with 500 to 999 employees), where DBT improved by 1.6 percent to 8.6 days.

· All industry groups have shown an increase in DBT in July compared with June. Manufacturing and Utilities had the biggest increases, rising by 2.5 percent and 2.4 percent, respectively.

· New York (4.2 DBT), Massachusetts (5.1 DBT), Pennsylvania (5.3 DBT), California (5.4 DBT) and Texas (5.8 DBT) were the only states with the largest metropolitan areas that stayed well below the national average DBT in July.


Percentage of dollars delinquent:

· Nonemployer firms showed significant increases (16.4 percent) in the percentage of dollars delinquent when compared with six months ago. In terms of severely delinquent dollars, nonemployer firms and microbusinesses (those with one to four employees) also demonstrated significant increases, rising by 27.5 percent and 7.0 percent, respectively.

· Larger businesses (those with 500 to more than 1,000 employees) and midsize businesses with 100 to 249 employees showed significant improvements in percentage of dollars delinquent when compared with six months ago, decreasing by as much as 11.1 percent. Midsize businesses with 50 to 99 employees and larger businesses with 500 to 999 employees showed significant improvements in percentage of dollars significantly delinquent, decreasing by 11.8 percent and 9.4 percent, respectively.

· When compared with six months ago, Communications and Retail and Trade sectors saw significant increases (9 percent and 17 percent, respectively) in percentage of dollars delinquent. Communications, Real Estate and Hospitality sectors saw some of the largest increases in percentage of dollars severely delinquent, increasing by 22 percent, 26 percent and 26 percent, respectively. Conversely, the Retail and Hospitality sectors both saw improvements in percentage of dollars delinquent, improving by 12 percent and 9 percent, respectively.

· Almost all U.S. regions showed increases in percentage of dollars delinquent and percentage of dollars severely delinquent compared with six months ago. The South Central region showed the largest increase in percentage of dollars delinquent (up 14 percent), and the Mid-Atlantic region demonstrated the largest increase in severe delinquency (up 19 percent).

· California (9.4 percent), Texas (10.8 percent) and Massachusetts (12.3 percent) were the only states with the largest metropolitan areas that had an average percentage of dollars delinquent falling below the national average of 12.7 percent in July. In terms of percentage of dollars severely delinquent, Texas (3.9 percent), Massachusetts (4.1 percent), California (4.4 percent) and Pennsylvania (4.4 percent) were the areas that fell below the national average of 5.8 percent during the same period.


Monthly trends:

Business Benchmark Report:

July 2010

Six-month change

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

National average

58.30

6.45

12.7%

5.8%

0.2%

3%

6%

13%

Number of employees

Nonemployer

60.29

5.67

9.0%

5.9%

0.3%

4.0%

16.4%

27.5%

One to four

56.70

6.98

14.4%

8.6%

1.3%

-0.8%

-0.1%

7.0%

Five to nine

54.43

8.31

14.6%

7.8%

0.6%

0.5%

-1.6%

3.5%

10 to 19

53.84

8.42

14.2%

6.3%

0.4%

0.7%

-4.4%

3.0%

20 to 49

55.41

7.95

13.7%

4.5%

0.9%

-2.7%

-2.6%

-4.5%

50 to 99

56.34

7.48

14.4%

3.4%

1.6%

-4.4%

-5.4%

-11.8%

100 to 249

54.72

7.66

14.3%

2.9%

1.9%

-6.1%

-11.1%

0.6%

250 to 499

53.06

8.23

14.9%

2.1%

1.6%

-5.7%

-1.6%

-3.7%

500 to 999

51.55

8.63

15.8%

1.7%

-0.2%

-2.6%

-8.3%

-9.4%

1,000 and more

39.15

8.12

17.0%

2.1%

2.7%

5.6%

-10.7%

-1.0%


Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Industry group

Agriculture

63.31

5.53

8.21%

5.21%

0.62%

-2%

-29%

-22%

Forestry

65.50

4.07

19.10%

9.38%

1.30%

5%

132%

195%

Mining

60.27

5.25

9.42%

1.07%

0.04%

4%

47%

-8%

Construction

55.36

10.51

21.89%

9.76%

0.67%

1%

-1%

1%

Manufacturing

55.55

9.24

15.18%

4.16%

-0.38%

4%

-3%

-4%

Transportation

53.09

8.29

14.80%

6.20%

0.75%

2%

2%

1%

Communications

49.83

10.28

19.95%

10.17%

0.74%

1%

9%

22%

Utilities

68.93

5.21

16.02%

2.72%

0.82%

0%

2%

-7%

Wholesale trade

55.99

8.05

12.15%

3.29%

-0.29%

2%

-7%

-4%

Retail trade

51.86

8.34

15.92%

5.96%

0.18%

0%

-12%

4%

Finance

49.13

9.90

13.47%

8.50%

-1.50%

10%

-2%

3%

Insurance

58.57

6.70

8.81%

6.21%

-0.67%

7%

3%

4%

Real estate

56.15

6.95

5.50%

3.76%

0.74%

3%

17%

26%

Hospitality

51.94

7.31

5.68%

2.49%

0.09%

1%

-9%

26%

Business services

54.22

9.19

15.30%

8.31%

0.19%

2%

-1%

1%

Health services

60.63

5.02

10.80%

4.01%

0.02%

2%

-2%

1%

Legal services

55.77

7.10

13.61%

9.16%

-0.92%

4%

-2%

-4%

Educational services

61.42

5.95

10.57%

5.53%

0.75%

7%

-1%

5%

Public administration

61.72

5.27

15.25%

4.87%

1.62%

0%

3%

-2%




Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

Region

Mid-Atlantic

60.42

5.48

13.9%

5.4%

0.2%

2%

9%

19%

Midwest

59.88

6.78

17.9%

8.1%

0.0%

3%

6%

16%

Mountain

58.28

9.72

8.7%

4.8%

-0.3%

2%

5%

9%

New England

61.39

4.84

11.5%

4.5%

0.3%

1%

7%

14%

Northeast

55.35

4.71

14.2%

6.0%

0.1%

2%

-2%

10%

Northwest

60.53

8.14

13.3%

5.9%

0.8%

2%

8%

15%

Plains

61.75

6.11

13.5%

5.1%

-0.6%

3%

4%

17%

South Central

58.32

5.70

11.4%

4.0%

0.5%

3%

14%

7%

Southeast

56.24

7.23

14.6%

7.1%

-0.1%

5%

10%

14%

Southwest

57.01

6.53

9.5%

5.1%

0.8%

4%

-4%

-2%


To download previous reports or to see a visual representation of this data and other information broken down by state in an interactive map, visit http://www.businesscreditfacts.com/map.



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All industry sectors showing marked improvement in their risk scores, according to Experian's latest Business Benchmark Report (Jun 2010)

Costa Mesa , Calif. , June 22, 2010 Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. Findings from the May report show that for the first time this year, all industry sectors have shown a marked improvement in their commercial risk scores month over month. This month’s report also shows significant improvements in outstanding debt, with the national average percentage of dollars delinquent showing a 4 percent improvement and the percentage of dollars severely (more than 91 days) delinquent seeing a 2 percent improvement since December 2009.

 

Other key findings from this month’s Business Benchmark Report include the following:

 

Risk score:

·         The trend toward continuing stability in the national average commercial risk score continued in May. The national average was 58.21,* a slight improvement over last month and a 0.9 percent increase over the past six months.

·         With the exception of very large businesses (those with 1,000 or more employees), risk scores have improved across the board since April. The greatest improvements were seen in businesses with 50 to 999 employees, showing an up to 3 percent improvement.

·         For the first time since the beginning of 2010, all industry sectors have shown marked improvement in their risk scores month over month. The greatest improvement was found in Public Administration (2.8 percent), followed closely by Transportation (1.9 percent) and Utilities (1.6 percent).

·         Of the states with the largest metropolitan areas, Pennsylvania (61.45), Massachusetts (61.18) and Illinois (58.9) were the only areas that exceeded the national average of 58.21. Georgia (55.27), New York (54.12) and Florida (53.26) ranked among those with the lowest average risk scores.

 

*Based on a 100 point scale

 

Average days beyond terms (DBT):

·         Although increasing slightly from April, payment performance from all industry groups continued to show signs of stabilization in May. Industries such as Health Services (5.01 DBT), Public Administration (5.19 DBT) and Utilities (5.20 DBT) are well below the national average and continue to be among those with the best payment performance.

·         When looking at business size, however, only midsize businesses (with 100 to 499 employees) remained stable, while all other business sizes saw an increase in the average DBT since last month.

·         In May, New England was the only geographic area to show signs of improvement in its average DBT. However, of the states with the largest metropolitan areas, New York (4.18) had the lowest average DBT, followed by Massachusetts (5.07), California (5.3), Pennsylvania (5.32) and Texas (5.79) — all well below the national average.

 

Percentage of dollars delinquent:

·         The national average percentage of dollars delinquent has shown a 4 percent improvement over the past six months, while percentage of dollars severely (more than 91 days) delinquent has seen a 2 percent improvement over the past six months.

·         Businesses of all sizes have remained stable in the average percentage of dollars delinquent and percentage of dollars severely delinquent in May. The one exception is large businesses with 250 to 999 employees, which saw a slight increase over April’s severe delinquency numbers.

·         In May, nearly all industry groups remained stable in the amount of dollars delinquent and severely delinquent, with the exception of the Real Estate, Insurance and Communications sectors, which showed significant improvements in the amount of dollars delinquent.

·         The Plains states saw an 8.3 percent improvement in the percentage of dollars delinquent in May, and the Northeast saw a 20 percent decline in the percentage of dollars considered severely (more than 91 days) delinquent. All other U.S. regions in this category remained stable.

·         California (9.16), Texas (10.34) and Massachusetts (11.0) were the only states with the largest metropolitan areas that fell below the national average percentage of dollars delinquent. In terms of percentage of dollars severely delinquent, Texas (3.81), Massachusetts (3.99), Pennsylvania (4.35) and California (4.55) fell below the national average.

 

May 2010

 

 

 

 

Six-month change

 

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

 

Risk score

Average DBT

Percent $ delinquent

Percent $ 91+

National average

58.21

6.37

11.5%

5.3%

 

-0.9%

4%

-4%

-2%

 

 

 

 

 

 

 

 

 

 

Number of employees

 

 

 

 

 

 

 

 

Nonemployer

60.15

5.61

7.6%

4.8%

 

-0.4%

4.3%

-8.1%

-2.4%

1 to 4

56.75

6.88

13.1%

7.9%

 

-1.9%

5.1%

-3.4%

-0.8%

5 to 9

54.56

8.14

13.9%

7.4%

 

-1.7%

4.0%

-3.2%

0.6%

10 to 19

53.90

8.34

13.8%

6.1%

 

-1.4%

3.6%

-3.7%

-1.1%

20 to 49

55.29

8.01

12.9%

4.6%

 

-1.0%

2.8%

-5.4%

-1.9%

50 to 99

56.09

7.52

14.0%

3.7%