Australian Small Business & Family Enterprise Ombudsman Kate Carnell is calling for federal legislation mandating that small- to medium-sized businesses (SMBs) be paid in 30 days, according to a LinkedIn post she wrote. Get the Full Story Complete the form to unlock this article and...
Financial transaction management firm SmartStream has announced new programs to help automate processes for Jumhouria Bank in Libya. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
To help small businesses run in a more digital-first environment, customer relationship management (CRM) company vCita has teamed with Mastercard in Europe to the roll out the Business Unusual platform, according to an announcement. Get the Full Story Complete the form to unlock this article...
To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to support the battle against the pandemic can tap into loans of up to $150,000, which will be interest free for...
In today’s top news, Shake Shack said it would return the $10 million Paycheck Protection Program (PPP) loan from the government, and Uber expanded its delivery services with two new programs. Plus, Treasury Secretary Steven Mnuchin said a deal is close for additional coronavirus stimulus...
In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired its term loan credit agreement due in 2022. The retailer’s new $1.3 billion asset-based credit facility is comprised of a...
Mark Partin has business pedigree with an athlete’s mentality. As the owner of B/SPOKE, one of the Boston area’s leading spinning and workout studios, he’s a consumer of his own product as well as a former long-distance runner. He’s also an MIT grad who did...
As detailed in today’s PYMNTS COVID-19 update, U.S. consumers want to know when they can return to normal shopping, and how they can do it safely. Some answers to both of those questions are becoming evident as the week opens. Get the Full Story Complete...
Now that U.S. retailers have shifted their focus to unlocking rather than locking down, it’s worth revisiting the only economy that has been shattered by COVID-19 and then restored: China. Bottom line, if the U.S. recovery is to mimic the best parts of China’s recovery,...
