Business loans are not for everyone, according to a new survey from credit rating agency Fitch.
The report also says the risk of defaulting on a business loan is higher than it used to be.
The Fitch Business Lending Scorecard, released on Thursday, ranked the 10 largest lenders in the United States based on the risk that a business would default.
The survey also included a scorecard for business loans, which includes the amount of money that a borrower is likely to be able to repay and the duration of the loan.
The results show that many lenders have lowered their ratings for business credit in recent years.
Fitch says that while most lenders are continuing to improve the risk-to-return ratio for business-related loans, a growing number of them are reducing their ratings.
The Fitch report says that in 2015, only 37 percent of the companies surveyed said they would consider a business a “good” or “excellent” credit score.
That rating is down from 50 percent in 2015.
And according to Fitch, a smaller percentage of lenders lowered their rating for businesses in 2015 than in 2016.
Fitching says that the average score for business debt is now down from about 3,000 to 2,800.
FITCH has said that its rating for business loan originations is currently at 2,500.
The scorecard also says that lenders are becoming less aggressive with terms and conditions in their business loans.
The scores for business lending are based on a borrower’s overall creditworthiness, and the lender does not consider a borrower who is in a credit freeze.
For example, Fitch noted that some companies now only allow borrowers to make a down payment of 15 percent of their monthly income on their business loan.
This is called a “prepayment limit,” and the maximum down payment allowed is $250,000 for a business of more than $100 million.
The report also notes that there is increasing competition in the business loan industry.
The total number of companies issuing business loans has declined since 2008.
The number of small business loans that are in the pipeline increased from 1.8 million in 2009 to 2.3 million in 2019.
The overall number of business loans issued by all types of lenders decreased from 1,300,000 in 2007 to 1,200,000.
Fearing the rise of small- and medium-sized business loans as a direct result of this competition, Fitching is lowering the overall score on business loans for the first time since it started its ratings in 2002.
Fitch said that the business lending scorecard reflects a “realignment” in the way credit is awarded to businesses.
“It’s clear that many smaller and medium sized businesses are in need of credit and need credit in order to operate,” Fitch said in a statement.
“The industry continues to face challenges and uncertainties, but it is encouraging that we now have a better picture of how the economy is performing and that the government and other financial institutions can work collaboratively to improve our credit ratings.”
Fitch says it is “confident that the changes in the marketplace and the changes that the Fitch Board has undertaken to address the issue of credit risk will help to create more favorable credit conditions for all businesses, including small and medium businesses.”