small business

US FinTech Aliaswire sells SMB Credit Card Firm Payvus to Onboard Partners

US FinTech Aliaswire sells SMB Credit Card Firm Payvus to Onboard Partners
US FinTech Aliaswire sells SMB Credit Card Firm Payvus to Onboard Partners
June 01, 2023  |  Partnerships

Boston-based FinTech  Aliaswire has sold its Payvus small business credit card issuing and capital management business to Onboard Partners. The acquisition announced Thursday (June 1) expands Onboard’s financial...

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Small Businesses Struggle as Banks Tighten Lending
Small Businesses Struggle as Banks Tighten Lending
June 01, 2023  |  Loans

Smaller businesses have begun cutting back as banks impose tougher lending standards. As The Wall Street Journal (WSJ) notes in a Thursday (June 1) report...

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Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
June 01, 2023  |  SMBs

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...

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Credit Scarce for Brick & Mortar, but Not Online Small Businesses
Credit Scarce for Brick & Mortar, but Not Online Small Businesses
May 23, 2023  |  SMBs

The old adage is that the best time to get credit … is when you don’t need credit.  That’s because when a firm’s coffers are...

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Cash-Strapped Main Street Merchants See Credit Options Shrinking
Cash-Strapped Main Street Merchants See Credit Options Shrinking
May 23, 2023  |  SMBs

Many Main Street small businesses are operating on the brink without adequate capital to survive a downturn, making access to finance a critical consideration in...

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Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
May 22, 2023  |  Retail

Amazon’s evolution of its commerce ecosystem includes building brands for smaller businesses. The latest promotional activity is, we note, a snapshot effort tracing back to...

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Businesses Tap Into the Power of Networks As VC Funding Disappears
Businesses Tap Into the Power of Networks As VC Funding Disappears
May 19, 2023  |  SMBs

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Fed Lending, Business Formation Data Hint at Main Street Crunch
Fed Lending, Business Formation Data Hint at Main Street Crunch
May 17, 2023  |  SMBs

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...

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