Fewer small Iowa businesses defaulting on loans, study shows

Fewer small Iowa businesses defaulting on loans, study shows

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BPC Staff | Mar 2, 2018 | 9:24 pm |

<1 min read time

In what could reflect more optimism about the economy, the percentage of Iowa small firms defaulting on loans went down and the level of borrowing activity improved in December 2017.

Corridor Business Journal: In what could reflect more optimism about the economy, the percentage of Iowa small firms defaulting on loans went down and the level of borrowing activity improved in December 2017. According to data published by PayNet as part of its Small Business Default Index, Iowa registered at 1.4 percent, a five-basis-point improvement from November. The national default level in December was 1.83 percent.

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