Equifax report shows high-risk SMEs making multiple credit applications as conditions tighten

By Yajush Gupta · 12 May 2026 · News

Equifax report shows high-risk SMEs making multiple credit applications as conditions tighten

High-Risk SMEs Explode Credit Applications Amid Tightening Conditions

The latest Equifax report reveals a shocking trend among high-risk small businesses. What does this mean for the financial future of these companies and the economy as a whole?

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Summary

Equifax’s Q1 2026 report reveals high-risk SMEs are credit shopping at 2.9 times the rate of low-risk counterparts, reaching an eight-month peak.

Tags: credit applications