Small Business Lending Index - SLBI

DEFINITION of 'Small Business Lending Index - SLBI'

An index of business lending that is published by Thomson Reuters/Paynet. The Small Business Lending Index (SLBI) is generally considered to be a leading indicator of the economy. It measures the number of loans that are made to small businesses, using 2005 as the base year for computations.

BREAKING DOWN 'Small Business Lending Index - SLBI'

The Small Business Lending Index correlates most closely with the GDP, as it leads as an indicator by an average of two to five months. The index is generated from loan origination information supplied by over 200 U.S. lenders. This data is then collected by Paynet and used to create the index. Historically, the SBLI encompasses nearly $750 billion in loans.

RELATED TERMS
  1. Bank Lending Survey

    A questionnaire circulated by a country's central banking authority ...
  2. Loan Committee

    The lending or management committee of a bank or other lending ...
  3. Excess Loans

    A loan made by a state chartered or national bank to an individual ...
  4. Lending Freeze

    A period of time when banks either do not have excess money to ...
  5. Peer-To-Peer Lending (P2P)

    A method of debt financing that enables individuals to borrow ...
  6. Consumer And Business Lending Initiative

    A plan initiated to aid in the government's goal of correcting ...
Related Articles
  1. Markets

    The 4 Best Websites For Small Business Loans (EBAY, PYPL)

    Discover some of the best websites that small business owners utilize to obtain necessary financing at competitive interest rates.
  2. Markets

    What Goldman Sachs’s Online Lending Means For Banking

    Recently Goldman Sachs has announced its entry into the online lending space. Most commonly known as an investment bank, Goldman’s newest venture may provide insight into the future of online ...
  3. Markets

    Tips To Improve Chances Of A Small Business Loan

    Enhance your small business loan eligibility by keeping these important tips in mind.
  4. Markets

    The 7 Best Peer-To-Peer Lending Websites (LC)

    A look at some of the most well-known and reputable peer-to-peer lending websites, their business models and successes to date.
  5. Personal Finance

    Steps to Qualify For a Small Business Loan

    Learn steps to qualify for a small business loan such as identifying financing needs, preparing a business plan and getting required documents.
  6. Markets

    Getting Government Loans For Your Small Business

    Would a government loan provide a more cost-effective way to finance your business? See whether your company qualifies for a government loan.
  7. Markets

    Forces Behind Interest Rates

    Get a deeper understanding of the importance of interest rates and what makes them change.
  8. Markets

    Overnight Rate

    Learn about how banks use this interest rate when lending to other banks.
  9. Managing Wealth

    Cash Flow Lending Vs. Asset-Based Lending

    When companies need financing, they rely on two primary forms of lending: cash flow-based and asset-based lending. We look at the pros and cons of each.
  10. Entrepreneurship & Small Business

    Are You Considered a Small Business?

    Find out what it takes to be considered a small business by the U.S. Small Business Administration and why some small businesses are fairly large.
RELATED FAQS
  1. Who do hedge funds lend money to?

    Discover the various entities that hedge funds are lending to, and the reasons why these hedge funds have been providing ... Read Answer >>
  2. What is the difference between asset-based lending and asset financing?

    In the most common usage, the terms "asset-based lending" and "asset financing" refer to the same thing. Asset-based lending ... Read Answer >>
  3. How does a credit crunch occur?

    A credit crunch occurs when there is a lack of funds available in the credit market, making it difficult for borrowers to ... Read Answer >>
  4. When did people first start using collateral to secure loans?

    Read about the history of lending and collateral, including a time when an entire nation was pledged as collateral for all ... Read Answer >>
  5. Is it possible to invest in an index?

    First, let's review the definition of an index. An index is essentially an imaginary portfolio of securities representing ... Read Answer >>
  6. Why do interest rates change?

    Interest is simply the cost of borrowing money. As with any good or service in a free market economy, price ultimately boils ... Read Answer >>
Hot Definitions
  1. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  2. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  3. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  4. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  5. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  6. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
Trading Center