• Equifax’s March 2026 Small Business Lending Index fell 5.5% month-over-month, down 4.3% year-over-year, signaling softer credit demand.
• Delinquencies stayed stable: 31-90 days past due rose to 1.67%; 91-180 days held at 0.71%; default index eased to 3.31%.
• Rolling lending volumes rose in 19 states; Delaware led at +16% year-over-year, while California posted the steepest decline at -9%.
• Industry trends diverged: Finance and Insurance lending rose 4% year-over-year; Information fell 13%, weighing on overall volumes.
• Macro backdrop pointed to tighter-for-longer rates: Q1 GDP growth ran at 2%; CPI neared 4%, reducing prospects for near-term cuts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equifax Inc. published the original content used to generate this news brief on May 27, 2026, and is solely responsible for the information contained therein.