As a member-governed, non-profit organization, we pride ourselves on having the highest standards for data quality, governance and security surrounding our members' individual portfolio data," said SBFE CEO Carolyn Hardin-Levine.
Lending Trends Benchmarking is available only to SBFE members.
Through its relationships, SBFE makes possible robust risk management solutions built on its aggregated small business financial data for its members.
Unlike other give-to-get programs, SBFE is the only member-controlled organization of its type and is a trusted advocate in promoting the needs of the small business financing industry.
Equifax provides SBFE members with information on more than 24 million small businesses in the U.
Equifax has been an invaluable partner to the SBFE and we look forward to continuing this relationship for several years to come.
The SBFE chose Equifax to develop and manage the member-owned database, producing reports, scores and other products and services that members could use to make more informed lending decisions to small businesses, a rapidly growing, but often risky, market.
At the SBFE's annual meeting in March, Long was elected by the SBFE board as the new president of the organization, succeeding Marc Bernstein, executive vice president of Wells Fargo Bank N.
The SBFE board also extended Equifax's exclusive contract to manage the database into 2009.
Equifax and SBFE are addressing that need, and helping lenders reduce risk in this growing market," said Dann Adams, group executive, Equifax North America Information Services.