SMBs

SMBs
Paychex CEO: SMB Employment Is Dropping
August 04, 2020

Martin Mucci, CEO of Paychex, the payroll processing and human resources company, said the amount of small- to medium-sized business (SMB) employment has fallen again, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SMBs
Visa’s Kevin Phalen: Global SMBs Get Back To Business Optimistic About The Future
August 04, 2020

The global pandemic has changed commerce fundamentally — a fact confirmed in Visa’s new Back to Business study. 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...

SMBs
Restaurant Association Seeks Lowering Revenue Limits In New PPP Plan
August 03, 2020

The National Restaurant Association sent a letter to prominent U.S. political leaders in protest of a modification to the Paycheck Protection Program (PPP) that would make most restaurants ineligible for further benefits. Get the Full Story Complete the form to unlock this article and enjoy...

SMBs
CEOs Predict ‘Wave Of Permanent Closures’ Unless More Relief Is Given To SMBs
August 03, 2020

Howard Schultz, the former CEO of Starbucks Corp., and dozens of other top executives urged Congress to support small- to medium-sized businesses (SMBs), including providing forgivable federal loans for those hardest-hit by the pandemic. Get the Full Story Complete the form to unlock this article...

SMBs
Report: One-Third Of NYC SMBs Could Close Permanently
August 03, 2020

It’s closing time for many small businesses in New York City. As the pandemic drags on and federal aid runs low, many owners are calling it quits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SMBs
What SMB Owners’ Personal Credit Card Dependency Means For The Recovery
August 03, 2020

For a significant number of small- to medium-sized businesses (SMBs), navigating through the economic headwinds wrought by the pandemic, in plastic they trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

SMBs
SMBs Switch Banks Post-PPP Experience
August 02, 2020

When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., for help, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to...

SMBs
New Report: Why Real-Time Settlement Can Make or Break Main Street Businesses
July 27, 2020

It’s been long said that small- to medium-sized businesses (SMBs) are the backbone of the American economy. 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...

SMBs
Report: PPP Helped SMBs Retain 2.3M Employees
July 22, 2020

The Paycheck Protection Program (PPP), enacted to help small- to medium-sized businesses (SMBs) retain employees during the pandemic, was able to save around 2.3 million jobs through early June, Reuters reported, citing a paper co-written by economists at the Federal Reserve Board of Governors, Massachusetts...