SMBs

SMBs
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
October 17, 2023

The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied with their current processors. However, there are opportunities to make a mark with lower transaction...

SMBs
Business Lender iwoca Raises $243 Million to Fund Small Businesses
October 16, 2023

European small business lender iwoca says it has raised $243 million in new funding.  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 our daily newsletter, PYMNTS Today. By...

SMBs
Mastercard and Bizom Partner on Supply Chain Financing in India
October 11, 2023

Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

SMBs
More Than Half of Main Street SMBs Have ‘No Access’ to Credit
October 06, 2023

Small- to medium-sized businesses (SMBs) on Main Street are finding a dearth of options when it comes to getting the money they need to stay in business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SMBs
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

SMBs
Small Businesses Look for New Options as Traditional Funding Shrinks
October 05, 2023

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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

SMBs
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023

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 which they conduct their business within core commercial districts of cities or towns. Get the...

SMBs
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. 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 our daily newsletter, PYMNTS Today....

SMBs
Sage and Swoop Partner to Help Small Businesses Access Funding
September 29, 2023

Sage, a provider of accounting and financial technology, has partnered with Swoop, a FinTech company specializing in funding solutions, to provide business funding and cost-savings solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...