The social distancing and stay-at-home orders intended to reduce the spread of the COVID-19 outbreak have been devastating to small- to medium-sized businesses (SMBs), with tens of thousands expected to close by year’s end. Get the Full Story Complete the form to unlock this article...
Summer wanes, Labor Day is here, and — as prodded by the name of the holiday — thoughts turn to work. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
American Express is bringing out a new option pitched to small and medium-sized businesses (SMBs): the opportunity to Pay Over Time for holders of Green, Gold and Platinum Business Cards at the start of their November billing cycle. The move was aimed at helping its...
With small businesses across the country failing and government relief efforts stalling out, the private sector is stepping up to lend a hand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The pandemic has Main Street businesses turning to online marketplaces to boost sales. But for sellers dealing with cash-flow shortages, marketplace payout speeds aren't cutting it – and more than 60 percent of small sellers will switch marketplaces for real-time payout options. PYMNTS' new Marketplaces...
Legacy banks are famously risk-averse, and the pandemic hasn’t improved that. Tightening of the credit markets during lockdowns up to now has beset small and medium-sized businesses (SMBs) seeking capital from traditional sources that lost their appetite for risk. Get the Full Story Complete the...
The first year of any business is a time full of surprises and making adaptations when conditions go from being theoretical to becoming concrete realities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. A bustling Main Street signals a vibrant and...
J.P. Morgan Chase CEO Jamie Dimon estimated the federal Paycheck Protection Program (PPP) has saved as many as 35 million jobs by delivering the Small Business Administration‘s emergency forgivable loans to small- to medium-sized businesses (SMBs) impacted by the pandemic, according to NBC News. Get...
