Main Street Monday: 31-to-90-Day Small Business Delinquencies Fall 5 Basis Points to 1.71%

August 31, 2026

Bob Coleman
Founder & Publisher

Main Street Monday: 31-to-90-Day Small Business Delinquencies Fall 5 Basis Points to 1.71%

Small business credit performance was steady in June, but the year-over-year delinquency numbers moved in opposite directions.

The August Equifax report states 1.71% of small business loans were 31 to 90 days past due in June. The rate was unchanged from May and down 5 basis points from June 2025.

A basis point is one-hundredth of a percentage point. A decline of 5 basis points equals 0.05 percentage points. That puts the 31-to-90-day delinquency rate at  1.76% a year earlier.

The 31-to-90-day category covers loans that are more than 30 days past due but less than 91 days past due.

Equifax tracks loans 91 to 180 days past due separately.

That rate was 0.73% in June, unchanged from May and up 3 basis points from June 2025.

The comparable June 2025 rate was 0.70%.

Both delinquency rates were unchanged from May. Defaults declined 1 basis point. Equifax described small business credit quality as essentially unchanged month over month.

The year-over-year numbers:

31 to 90 days past due: 1.71%, down 5 basis points.

91 to 180 days past due: 0.73%, up 3 basis points.

Defaults: 3.26%, down 1 basis point.