The delinquency rate on business loans has risen to 1.34% in Q1 2026, up from its recent rate below 1% in 2023. While the trend is worth watching, the rate remains well below its 10-year peak of 1.60%, suggesting that the overall business credit environment remains relatively healthy. However, recent concerns surrounding private credit, particularly in software, highlight the importance of monitoring this trend. For now, there are no major warning signs, but a continued rise in business loan delinquencies could signal growing pressure on borrowers.
This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.
Comments
Log in or sign up to join the conversation.