UTILIZING UCC DATA 📊 Utilizing Accutrend's UCC Data, researchers at a leading financial services company were able to explain why the impact on overall credit availability was softened by nonbank lenders. After the regional bank crisis in the spring of 2023, banks faced challenges like deposit outflows and higher interest rates while nonbank lenders—who face fewer regulatory constraints and are less sensitive to interest rates—stepped in to provide credit. Key findings from Accutrend's UCC Data included: ▶ Nonbank lending, especially by corporate finance arms and fintech companies, has only decreased by half as much as bank lending. ▶ As a result, nonbanks now make up 67% of small business lending. ▶ Because of nonbank lenders, businesses, especially small ones, have not reported major difficulties accessing credit despite tightened bank lending. ▶ Nonbank lenders' flexibility and focus on different profit models, such as supporting product purchases, have made them more resilient in the current economic environment. These findings helped the researchers conclude that the risk of a serious credit crunch has been avoided and the economy is through the worst of credit tightening. You can read the full article here: https://lnkd.in/eaa-NFJi Accutrend makes obtaining relevant Uniform Commercial Code information more straightforward than ever. Data is the Solution. To learn more, connect with Accutrend today. https://www.accutrend.com/ #Accutrend #UCCData #Finances
Accutrend Data Corporation
Information Services
Greenwood Village, CO 375 followers
B2B Business Solutions
About us
Accutrend Data Corporation provides insights into the ever-changing world of business information. With hundreds of fields of information and solutions that are available to provide decisions makers what is needed for financial risk management, statistics, analytics, research, marketing, demographics, firmographics, contacts, and more. Maximize profitability and uncover meaningful insights with Accutrend Business Information and Solutions. Identify unique buyers and achieve the competitive advantage. We are your go-to-market resource for reliable insights. Contact us directly or explore our website for further solutions into Accutrend Business Information and Insights.
- Industry
- Information Services
- Company size
- 11-50 employees
- Headquarters
- Greenwood Village, CO
- Type
- Privately Held
- Founded
- 1989
Locations
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Primary
7860 E. Berry Place
Suite 200
Greenwood Village, CO 80111, US
Employees at Accutrend Data Corporation
Updates
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Obtain valuable information about Uniform Commercial Code Data Solutions. Create valuable opportunities for your financial institution with fresh UCC information from Accutrend. Data is the Solution. Learn more by connecting with Accutrend. #Accutrend #UCCData #FinancialGrowth
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Empower your business with Accutrend’s data solutions for greater success. Data is the Solution. Connect with Accutrend for more information. #Accutrend #DataSolutions #BusinessData
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Accutrend Data Corporation reposted this
Learn how you can harness the power of UCC data to uncover potential business prospects, gaining a competitive edge and driving growth. Click the link to learn more. https://lnkd.in/gtwmrDbw
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Learn how you can harness the power of UCC data to uncover potential business prospects, gaining a competitive edge and driving growth. Click the link to learn more. https://lnkd.in/gtwmrDbw
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Gain a strategic advantage with SOS data. Accutrend is the prime source for originally sourced Secretary of State filings. Data is the Solution. Learn more by connecting with Accutrend. #Accutrend #SOSData
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What are UCC Data Solutions? Accutrend’s UCC information enables businesses to forge impactful opportunities and strengthen their financial strategies. Data is the Solution. Learn more by connecting with Accutrend. #Accutrend #AccutrendUCC #BusinessData
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Tap into a more diverse business market with Accutrend’s minority-owned business data solutions. Data is the Solution. Learn more by connecting with Accutrend. #Accutrend #BusinessData #DataSolutions
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A RECENT SURGE IN NEW BUSINESSES ‼️ The Census Bureau’s Business Formation Statistics have shown that business applications have risen substantially over the past three years compared to the past 20 years. Here are other key findings about New Businesses: 🟣 Nearly 16 million new business applications have been recorded since the start of 2021, which is an approximate 85% increase of applications relative to the last two decades. 🟣 Over the past three years, the annual pace of establishment growth (5.4%) has been faster than any other single year in the last quarter-century. 🟣 The pandemic ushered in new consumption patterns and preferences for work-life balance. 🟣 Minority owned businesses have made significant gains, with Black business ownership growing at a faster pace between 2019 and 2022 than at any time during the last three decades. While the exact economic factors driving the increase in business activity are unclear, the surge in new business formation is a very positive trend. It indicates expanding opportunities for aspiring entrepreneurs to chase their dreams while also contributing to job creation. You can read the full article here: https://lnkd.in/dFhjVJCp Accutrend is the leading source for licensed New Business Data acquired directly from government sources. Data is the Solution. To learn more, connect with Accutrend today. #Accutrend #NewBusiness #Economy #Trends
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Data that transforms information into business intelligence. Data is the Solution. Learn more by connecting with Accutrend. #Accutrend #BusinessData