Small Business Banking

COVID-19 Solutions for Small Business Banking

The COVID-19 pandemic has hit the global economy hard and one of the industries left most vulnerable is small business. It is apparent that they will need assistance from both the government and banks in order to survive and reopen. We’ve adapted our lending solutions to help banks make sense of government assistance programs like the Main Street Lending Program and Paycheck Protection Program so they can effectively get capital to small businesses while mitigating risk.

Small Business Health before and after COVID-19

The articles below on small business health contain data analysis from the Moody's Analytics Credit Research Database (CRD), the largest in the world for financial statements and loan payment information.

Learn About the CRD

Pre-COVID-19 Health of Small Business

Reopening Main Street

While less than 40% of viable businesses had high leverage in the pre-COVID-19 era, without any sources of cash, this number will increase dramatically and will lead to increased credit and financial risk in the near future

70% of small business will need help to survive the next 6 months. Without access to cash, over 30% of small businesses will go out of business in the next 30 months.

Free Online Portal for Processing PPP Loan Forgiveness Requests

We've added new capabilities to our small business loan application and lending portal (MARQ Portal) to help banks gather and process PPP and loan forgiveness applications under the CARES Act Paycheck Protection Program (PPP).

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The MARQ™ Portal

The MARQ portal streamlines business lending by improving the way you and your customers interact. It automates manual processes, centralizes loan information, and equips you to understand the credit position of business borrowers instantaneously. Easily and digitally gather the required information and documents for PPP loan requests and loan forgiveness, track the status of borrowers and their documents in real time, and receive alerts on each submission.

PPP Information Gathering

Loan Forginess Tracking

See how the MARQ portal can help streamline the application process for PPP Loans.

Learn more about how Moody's Analytics customer portal can help you gather and manage PPP forgiveness applications.

“Moody’s Analytics is providing banks with a secure way to invite and receive digital documents for loan forgiveness, for small business owners who have been hard hit by the pandemic. We’re thrilled to have access to a digital, automated solution that helps us serve our customers better during this challenging time."

Matthew Long, EVP, Chief Operating Officer at Ephrata National Bank

Fraud Detection and Screening Capabilities with KYC Data

Uncover fraud and compliance risk, while adhering to anti-money laundering (AML) and KYC regulations with structured data and automated solutions designed to help streamline your customer onboarding processes.

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RiskCalc™ Small Business Lending Score

RiskCalc Small Business

RiskCalc™ Small Business Lending Score

Moody’s Analytics RiskCalc Small Business software helps lenders and credit analysts improve the credit risk assessment of their small business portfolio by combining different types of data to produce an optimized score. Use the data that you have available to score a small business quickly with or without financials. Results include the RiskCalc EDF™ (Expected Default Frequency) score, MARQ score, and an EDF-implied rating within a one-year period.

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