Case Study
Case Study
Published October 18, 2019
Credit Unions Credit & Economic TrendsAs a mortgage lender, it's important to reach the right customers at the right time. Vantage West Credit Union leveraged Experian's Prospect Triggers℠ to identify and target qualified consumer in the market for credit, leading to an additional $18 million in funded mortgages.
Learn how this Arizona-based credit union targeted credit-active prospects in this case study.
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In this week's video we touch on current small business macroeconomic conditions as well as share insights on the manufacturing
The U.S. manufacturing sector has been in a period of contraction for more than two years, but recent data suggests that a turning point may be on the horizon. The Purchasing Managers’ Index (PMI) reached 50.9 in January, breaking past the critical 50-point threshold for the first time in 26 months. This indicates that manufacturing activity is shifting from contraction to expansion, a positive sign for small businesses that have been a major driver of growth in the sector.
Check out the full report to see how these trends could impact your strategy!
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As we step into 2025, all eyes remain on the trajectory of inflation, the resilience in consumer spending and continued affordability challenges in the housing market. Discover our experts' insights on how they anticipate the economic landscape to evolve throughout 2025, as they delve into the latest trends and forecasts.
In this episode, we discuss the growing economic crosswinds affecting small businesses, recent employment trends, consumer spending patterns, and the impressive growth of minority-owned businesses in the U.S. We highlight the challenges and opportunities these businesses face, particularly in accessing needed capital.
📌 41% of new commercial accounts are minority-owned, yet access to capital remains a barrier.
📌 44% of minority-owned businesses are less than six years old, showing strong entrepreneurial momentum.
📌 Industries like retail, construction, and healthcare are fueling this expansion.
For lenders, this represents an untapped market and a business opportunity with high growth potential.
Check out the full report to see how these trends could impact your strategy!