PayNet Related Content

PayNet Says Canadian Private Economy Is Bottoming Out

The most recent PayNet Canadian Small Business Lending Index increased slightly from 118.4 in June 2016 to 118.7 in July 2016. Compared to the same month one year ago, the index is down 11%. read more

U.S. Small Business Investment Declines, Delinquency Increases

The July 2016 Thomson Reuters/PayNet Small Business Lending Index decreased to 121.5 in July from 139.2 in June. The SBLI is down 16% year-over-year, the largest decrease since October 2009. read more

PayNet Hires Tennola as Chief Financial Officer

PayNet hired Paul Tennola as chief financial officer. He will oversee financial management, strategic planning, corporate finance, accounting and investor relations. read more

Canadian Small Business Investment in June Declines 16% Y/Y

The PayNet Canadian Small Business Lending Index (CSBLI) decreased 3% to 113.9 in June 2016 from 117.7 in May 2016. Compared to June 2015, the index is down 16%. read more

PayNet Lending Index Up M/M, Down Y/Y for Third Consecutive Month

The June release of the Thomson Reuters/PayNet SBLI increased to 138.9 from 131.1 in May, illustrating the largest monthly increase in the SBLI since February 2016. However, the index is down 5% compared to June 2015. read more

Delinquencies and Charge-Offs On the Rise, ELFA Survey Says

The seventh annual Collections Effectiveness Survey was presented at the ELFA’s 2016 Credit and Collections Management Conference and showed that delinquencies and charge-offs are increasing. read more

Canadian Small Business Lending Rises Slightly in May

The Canadian small business lending index from PayNet rose to 118.7 in May from 118.4 in April, Reuters said. read more

U.S. Small Business Lending Down in May

The May 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI) decreased by 1% in May, falling to 128.6 from the 129.5 April reading. It marks the third consecutive month of decrease. read more

Survey: Canadian Commercial Credit Falling, Pullback Evident

PayNet said its Canadian Small Business Lending Idex decreased 3% from 121.7 in March 2016 to 117.5 in April 2016. According to the report, “Decreased borrowing and higher loans past due are showing up in most major industry sectors.” read more

PayNet Releases Equipment Finance Loss Database to Highlight Asset Risks

PayNet released a new loss database that shows the types of equipment defaults that result in a loss. PayNet studied the economic cycle, with loss outcomes on almost half a million defaulted transactions. read more

Small Business Lending Index Suffers Largest Y/Y Downturn Since 2009

The April 2016 Thomson Reuters/PayNet Small Business Lending Index (SBLI) fell to 129.0, down 8% compared to the same month from a year ago, marking the largest year-over-year decrease since December 2009. read more

U.S. Small Business Lending Falls, Investment Signals Weaker GDP Growth

The March 2016 data release of the Thomson Reuters/PayNet Small Business Lending Index (SBLI), decreased from 138.9 in February to 135.3 in March. read more

PayNet Offers New Interactive Platform

PayNet announced Risk Insight Suite, a new interactive platform providing instant access to credit performance data and industry analysis on the small business sector of the Canadian economy. read more

PayNet: Canadian Small Business Originations Down 3% M/M, 6% Y/Y

According to the PayNet Canadian Small Business Lending Index, originations decreased 3% from 127.0 in January to 123.5 in February. Compared to the same month one year ago, the index is down 6%. read more

February Small Business Lending Increases 8% Y/Y

The February release of the Thomson Reuters/PayNet Small Business Lending Index increased to 138.0, marking a 17% increase from January (117.7) and an 8% jump from February 2015. read more

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