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.

Investopedia explains '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.



comments powered by Disqus
Hot Definitions
  1. Cash and Carry Transaction

    A type of transaction in the futures market in which the cash or spot price of a commodity is below the futures contract price. Cash and carry transactions are considered arbitrage transactions.
  2. Amplitude

    The difference in price from the midpoint of a trough to the midpoint of a peak of a security. Amplitude is positive when calculating a bullish retracement (when calculating from trough to peak) and negative when calculating a bearish retracement (when calculating from peak to trough).
  3. Ascending Triangle

    A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs.
  4. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell securities.
  5. Maintenance Margin

    The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and FINRA, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account.
  6. Leased Bank Guarantee

    A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount of money and over a set period of time, typically less than two years.
Trading Center