SMBs

SMBs
AmEx Reportedly Used High-Pressure Tactics To Boost SMB Sales
March 01, 2020

Small- to medium-sized businesses (SMBs) were duped by salespeople from American Express (AmEx) who reportedly misrepresented card rewards and fees in an effort to close more approvals, according to a report from The Wall Street Journal (WSJ) Sunday (March 1). Get the Full Story Complete the...

SMBs
Grab: How Alt Data Is Closing Southeast Asia’s $175B SMB Credit Gap
February 27, 2020

It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the apps powering that shift have gained access to troves of valuable data about their small...

SMBs
Building Better SMBs With Rapid Settlement
February 18, 2020

Despite countless books, lectures and social media courses by ersatz millionaires sharing their foolproof “systems” from a beach house somewhere, there is no secret to creating a successful business. That said, the new Small Business Guide to Rapid Settlement Playbook contains at least one cardinal...

SMBs
New Report: One Day Too Long: Why Small Businesses Want Rapid Settlement
February 13, 2020

We live in an era when it is possible for a small business with a great product to go global almost overnight, thanks to the power of the internet and mobile commerce. Yet, the opportunities for growth have not resolved the age-old problem of tight...

SMBs
Data Shows Hiring Stalled At US Small Businesses In 2019
February 10, 2020

Employee head count at U.S. small businesses remained stagnant last year, despite record growth among larger firms’ employment, The Wall Street Journal reported. American businesses with 20 employees or less have been sluggish to hire, according to Moody’s Analytics. In contrast, firms with 500 or...

SMBs
Goldman, Amazon Discuss SMB Lending Partnership
February 03, 2020

Goldman Sachs and Amazon are in discussions about the possibility of partnering for small and medium-sized (SMB) business lending in the U.S., Financial Times reported on Monday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

SMBs
New Data: 75 Pct. Of SMBs Say Slow Settlement Creates Cash Flow Crises
January 16, 2020

Small businesses play a vital role in the U.S. economy. There are more than 30 million companies that employ less than 500 people, representing the vast majority of U.S. firms and a key engine of job growth in the country. Get the Full Story Complete...

SMBs
Revenues Grow While Profits Flat For Over Half Of US SMBs
January 06, 2020

More than half of U.S. small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017, according to Forbes, citing the Small Business Credit Survey (SBCS). Get the Full Story Complete the form to unlock this...

SMBs
The Power Of THREE: Inside Berkshire Hathaway’s New SMB InsurTech Platform
December 23, 2019

When people joke about boring professions and industries, one can bet that insurance will almost always be one of the top targets of such humor. That’s a bit unfair, of course, given how vital insurance is to making the economy run, but that’s just how...