In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include easier qualification than bank loans, higher credit limits and other various perks. According to a recent poll, more than 9...
For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides the ready cash needed to buy inventory, pay staff and take advantage of growth opportunities. A number of eCommerce platforms...
The right borrowing tools can have a big impact on small businesses’ future growth prospects. That’s because small and medium-sized businesses (SMBs) commonly face a number of challenges related to their cash availability, including limited capital, seasonal fluctuations and the need for expansion or investment...
Intuit has unveiled a new financial tool called QuickBooks Solopreneur, tailored specifically for one-person businesses. This product offers intuitive features to help these entrepreneurs manage their finances, set goals and stay tax-ready, the global financial technology platform said in a Wednesday (Feb. 21) press release. “QuickBooks Solopreneur is...
FinTech BankiFi has partnered with financier Praetura to develop a lending-as-a-service solution for small to medium-sized enterprises (SMEs) in the U.K. The platform is specifically designed to help SMEs access growth funding, even if they do not meet the requirements of traditional banks, according to a Wednesday (Feb....
Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local communities by providing customized access to Clover from Fiserv, the company said in a Tuesday (Feb. 20) news...
Risk management platform provider Coris has raised $3.7 million in its first funding round. The company has also introduced two new products — a fraud model and a know-your-business (KYB) offering — that it will offer alongside its centralized risk management platform, Coris said in a Thursday...
Flexible and accessible borrowing tools are a financial cornerstone for many small to mid-sized businesses (SMBs). PYMNTS Intelligence’s latest study finds that 90% of SMBs have used at least one type of borrowing tool in the past year. Approximately three-fourths of SMBs are using revolving...
Canadian FinTech company Nuvei launched its first integration into Microsoft Dynamics 365 Business Central. The integration will enable small- to medium-sized businesses (SMBs) to incorporate various payment methods into their existing enterprise resource planning (ERP) modules, the companies said in a Tuesday (Jan. 30) press...
