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Cooling Economy and Small Business Credit | Fall Beyond The Trends Report

Published: October 8, 2024 by Gary Stockton

As we transition into the cooler months, the economic landscape is shifting, bringing with it a set of risks that could directly affect the financial health of small businesses. For commercial finance professionals, staying ahead of these challenges is critical. The Fall 2024 Beyond The Trends Report offers must-have insights for those looking to mitigate risks and safeguard their portfolios.

What’s inside the report?

  • Economic Cooling & Small Business Stability: How the current economic slowdown is likely to affect the financial stability of small businesses, and what it means for your clients.
  • Generation Z Credit Reliance: The growing dependence on credit by Gen Z consumers raises concerns about long-term risks for businesses, particularly during the holiday season when spending peaks.
  • Holiday Sales Pressure: Small businesses often generate up to 30% of their annual revenue during the holiday season. Learn how they are managing cash flow, inventory, and navigating uncertainty to stay afloat.
  • Supply Chain Strain: Global delays, rising transportation costs, and ongoing disruptions are squeezing small businesses. Understand the full impact and how it could affect credit health and loan repayments.
  • Actionable Strategies for Financial Services: The report provides data-backed strategies that finance professionals can use to assess and mitigate risk while supporting small business clients through this volatile period.

Download the full Fall 2024 Beyond The Trends Report now for the expert analysis and data you need to manage risk and support the small business sector during this critical time.

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The latest insight, tips, and trends on all things related to commercial risk by the team at Experian Business Information Services. Please follow us on social media.

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