Main Street

Main Street businesses represent the backbone of both the American economy and their local communities. And with the news on Tuesday (April 16) that Rapid Finance has teamed up with Galileo Financial Technologies on ...

As small and medium-sized businesses (SMBs) on Main Street, USA increasingly make their offerings available online, many are looking to digital channels to expand to new areas, PYMNTS Intelligence findings ...

The initial headlines and initial takes on big bank earnings may have focused on the state of the consumer, on card spending, especially. But there’s data to be gleaned for the ...

For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need. And for the lenders, the opportunity ...

With prices at high levels most of the year and with the overall economy recording moderate growth, 2023 was a challenging year for businesses, especially for the most vulnerable small ...

Whether it’s a quaint local shop, a cozy diner, or a busy salon, payment processors form the backbone of financial operations for small- t0 medium-sized businesses (SMBs) in the United ...

An online presence is a must for any business today, and online sales require a platform that allows consumers to have an easy, quick and reliable shopping experience. But building ...

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in the current inflationary market conditions. ...

Even as restaurants agree on the importance of being accessible via digital channels, many independent eateries continue to abstain from social media platforms, PYMNTS Intelligence reveals. By the Numbers The report “Main ...

Working capital is the lifeblood of businesses of all sizes, and to those companies just starting, access to financing can mean the difference between stagnation or being able to grow. The ...

Small- to medium-sized businesses (SMBs) facing limited access to funding are turning to external sources to finance their operations. However, access to credit remains a challenge, leaving them vulnerable in times ...

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts. And in the latest edition of ...

Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate the market, in the recent survey, ...

The holiday weekend is here. And, as has been seen over more than a decade, Small Business Saturday, a mainstay of the retail landscape initially promoted by American Express and now ...

European small business lender iwoca says it has raised $243 million in new funding.  The financing, announced late Monday (Oct. 16), follows the $152 million the London-based company raised in January to meet a ...

Smaller firms feel the credit crunch — and are likely to pivot to new avenues of financing. PYMNTS Intelligence shows that six in 10 smaller firms are denied funding through traditional ...

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue and having physical locations from ...

The Philadelphia Federal Reserve’s September Manufacturing Business Outlook Index offers up a monthly survey of manufacturers’ current business conditions and their outlook on what’s to come. And as such, the Index ...

It’s a season of pain at the pump, no matter what type of fuel you’re pumping. As The Wall Street Journal (WSJ) noted in a report Thursday (Sept. 14), the cost of diesel, ...

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 ...

Modest growth is in the cards, and for Main Street stalwarts among smaller businesses — namely in retail — the pressure is mounting. The Federal Reserve’s latest Beige Book shows that, ...

Business is expanding, but at a torpid pace that signals some pressures for some of Main Street’s smaller firms. As detailed in the S&P Global Flash US Composite PMI (purchasing managers’ index), ...

Across the United States, the startup community is still reeling after Silicon Valley Bank’s collapse, the largest bank failure since the 2008 financial crisis, and Main Street businesses are no ...

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the Federal Reserve’s Senior Loan Officer Opinion ...

As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs to capture some lending share, ...

Today’s future-fit commercial payment capabilities couldn’t have picked their go-to-market timing better. As businesses look to shape and refine their economic forecasts and downstream working capital needs for the near future, ...

The secret of getting ahead is getting started. After all, an object — or a business — in motion tends to stay in motion. But for the small and medium-sized businesses (SMBs) ...

The latest readings on inflation, released Wednesday (June 14), signal some margin relief for Main Street small businesses. And, by extension, consumers may see some benefit — if, of course, those ...

Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show that consumer prices overall rose in ...

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small businesses are banking on a ...

Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod to the fact that the last ...

Data from the Federal Reserve and the Census Bureau hint at a looming crunch on Main Street. Specifically: The businesses that power the economy are finding it harder to get the ...

Far from being just another noisy headline, the current Capitol slugfest could soon affect Main Street if left unresolved.  For many U.S. consumers, raising the debt ceiling is usually one of ...

Inflation, consumer cutbacks, and limited access to capital are all hindering small and medium businesses (SMBs), which are turning to digital tools to close gaps and firm up operations. While throngs ...

Small and medium-sized businesses (SMBs) have a big problem — their access to capital is shrinking. A historically underbanked segment, it is becoming more difficult for SMBs to borrow as the ...

Main Street is the soul of America, making small and medium-sized businesses (SMBs) its heart. That’s why it is worrisome that many Main Street SMBs are increasingly pessimistic about the economy and their ...

After pandemic and inflation woes, Main Street is digging in to face economic headwinds on the horizon. Small to medium-sized businesses (SMBs) seeking a chance to recover after the one-two economic ...

Goldman’s Main Street push is receding a bit further into memory. By booking a $470 million loss on the partial sale of its book of Marcus loans, by putting GreenSky up ...

PYMNTS research reveals most small hospitality firms don’t have cash reserves to fall back on. By the Numbers Research from the latest edition of PYMNTS’ Main Street Health study, “Main Street Health ...

Change is hard, especially when it comes to making money. However, the main method small- to medium-sized businesses (SMBs) have so far been using to fight off inflation, increased prices, may not ...