PayNet announced a new Small Business Insights information portal, PayNet Risk Insight Suite at sbinsights.net, providing access to intelligence on the small business sector of the economy.
At sbinsights.net, the Small Business Insights information portal, users can access one-of-a-kind credit performance data including loan origination activity, loan delinquencies and forecasts of business default rates.
Aimed at providing bankers, regulators, policy makers, media and institutional investors with increased data transparency and innovative analytics, users can benchmark their C&I growth against an objective index, reduce the uncertainty of entering new markets by having an advanced view of defaults, and can even use this intelligence to lower operating costs.
“PayNet is providing a unique window into the world of small business lending and credit trends compiled from our real-time proprietary database worth over $1.3 trillion in loan value from leading U.S. lenders,” said William Phelan, president of PayNet. “With our new Information Portal, users have access into the performance of credits as a group, identify portfolio growth, and accurately forecast default rates to balance risk and reward.”
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