SMBs

SMBs
TikTok Says SMBs Can’t Go Viral Without Understanding This First
September 12, 2023

In recent years, TikTok has emerged as a powerful tool for small and medium-sized businesses (SMBs) looking to drive business growth. Its reach and engagement levels have transformed it into a digital marketing paradise, offering opportunities for SMBs to reach a massive audience without breaking...

SMBs
Owners Bank Unveils Credit Card for Small Businesses
September 08, 2023

Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims to address the common challenges faced by small business owners when searching for a credit card that suits their requirements,...

SMBs
Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
September 08, 2023

Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all revenue tiers have access to business funding sources, about 30% of those with less than $150,000 in annual revenue have...

SMBs
BILL Introduces Integrated Financial Operations Platform for Small Businesses
September 07, 2023

BILL has integrated its accounts payable (AP), accounts receivable (AR), and spend and expense management solutions into a single platform. The new BILL Financial Operations Platform allows small- to medium-sized businesses (SMBs) to optimize and manage their cash flow effectively, the provider of financial automation software for...

SMBs
Data Has Become the Fuel for Small Business Financial Stability
September 01, 2023

Main Street may be the soul of America, but its businesses find themselves increasingly embattled. That’s because small and medium-sized business (SMBs) looking for credit or working capital and other financing solutions are often underserved and ignored by traditional financial institutions (FIs). It is a...

SMBs
Uplinq, Visa Team to Help Small Businesses Access Funding
August 30, 2023

Credit decisioning platform Uplinq has teamed with Visa to help small businesses access credit. The collaboration, announced Wednesday (Aug. 30), is designed to help lenders reduce risk while also giving American and Canadian small business owners access to fair credit. “Having fast access to working capital is important for businesses of...

SMBs
US Bank’s Elavon Launches New ‘Anytime, Anywhere’ POS System
August 30, 2023

U.S. Bank subsidiary Elavon has launched a next-generation model of its Android-based point-of-sale (POS) system called talech Terminal. The system aims to help small business owners streamline their operations and enhance customer payment experiences, the company said in a Wednesday (Aug. 30) press release. With various hardware options available, including...

SMBs
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch a cloud-based small- to medium-sized business (SMB) lending platform in Saudi Arabia. This strategic joint venture aims to revolutionize SMB...

SMBs
Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
August 29, 2023

Small- to medium-sized businesses are tough. “It’s a resilient sector made up of business segments that are seeing strong growth,” Hicham Oudghiri, co-founder and CEO of Enigma Technologies, told Karen Webster. That’s not to say there isn’t a raft of challenges confronting SMBs and the banks and...