Rising Costs and Access to Credit Weighs on Business Owners, New Equifax Canada Survey Finds [Canadian Business Journal (Canada)]
Equifax, Inc. (EFX)
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Source: Canadian Business Journal
TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) — Canadian entrepreneurs are heading into the final few months of 2025 and cite mounting financial pressure due to rising costs, slowing demand, and a lack of confidence in their credit know-how, according to new research*Equifax Canada commissioned theEquifax Canada Small and Medium Business Owners Surveyxpenses are cutting deep“Small businesses are being squeezed from every direction,” saidJeff Brown, Head of Commercial Solutions at Equifax Canada.Access to credit“Most business owners believe credit matters — three-quarters say their credit report impacts their ability to borrow — yet many don’t know what’s driving their score,” noted Brown.Equifax Business Credit Reports offer insights to help business ownersOverall, 74 per cent of SMB owners surveyed agree that their Business Credit Report affects their ability to access financing, and 73 per cent say credit access is vital to achieving financial goals. Still, only 62 per cent feel confident
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- 11/18/25 - Form 4
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