• Business loan demand drops, defaults rise

    Small and medium-sized business borrowers in the United States showed signs of continued stress in February as the percentage of loans in default stayed at a two-year high, PayNet Inc reported on Thursday.
  • Exclusive: Small business loan defaults down in December

    Defaults by small and medium-sized U.S. businesses on loans, leases and credit lines to finance capital equipment investment fell for the first time in two years in December, adding to signs of a nascent economic recovery, PayNet Inc reported.
  • Exclusive: U.S. business-loan delinquencies rise

    Small and medium-sized U.S. businesses seeking to finance capital equipment showed further signs of distress in November as loans more than six months past due rose for the 22nd consecutive month, PayNet Inc reported on Monday.
  • Canada commercial lending risk below U.S.- PayNet

    Canada's commercial lending industry is healthier than its U.S. counterpart, with fewer borrowers behind on payments and other signs an economic recovery is under way, according to a survey by PayNet Inc.