small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

(source: en.wikipedia.org)

A Third of Retail SMBs Don’t Use Credit for Working Capital but Want To
A Third of Retail SMBs Don’t Use Credit for Working Capital but Want To
December 08, 2023  |  SMBs

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...

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Mastercard Strive Awards $2 Million to SMB-Focused Organizations
Mastercard Strive Awards $2 Million to SMB-Focused Organizations
December 05, 2023  |  SMBs

Mastercard’s Strive fund has awarded nearly $2 million in grants to organizations that support small businesses.  The Strive Innovation Fund will support 11 organizations around the...

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Triver Nets $25 Million Debt Facility for Working Capital Solutions 
Triver Nets $25 Million Debt Facility for Working Capital Solutions 
November 21, 2023  |  SMBs

Triver, a working capital provider for small- to medium-sized businesses (SMBs) in the United Kingdom, has secured an additional 20 million pounds (about $25 million)...

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White House Gives $50 Million to ‘Underserved’ Small Businesses
White House Gives $50 Million to ‘Underserved’ Small Businesses
November 21, 2023  |  SMBs

The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan...

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Small Business-Focused Software Firms Warn of Dwindling Revenue
Small Business-Focused Software Firms Warn of Dwindling Revenue
November 16, 2023  |  SMBs

Small businesses are reportedly reducing their software spending, hurting the businesses that make that software. As CNBC reported Thursday (Nov. 16), companies such as HubSpot, Bill, Paycom and ZoomInfo have all recently...

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Small Businesses Delay Purchases and Hiring Due to High Interest Rates
Small Businesses Delay Purchases and Hiring Due to High Interest Rates
November 14, 2023  |  Economy

 High interest rates are leading smaller businesses to lower their expectations.  As the Wall Street Journal (WSJ) noted in a report Tuesday (Nov. 14), some...

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Xero Adds Bill Payments and eInvoicing to Small Business Platform 
Xero Adds Bill Payments and eInvoicing to Small Business Platform 
November 13, 2023  |  B2B Payments

Global small business platform Xero has launched two new payments features aimed at assisting U.K. small businesses in managing their cash flow more effectively.  These features, backed...

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Priority CEO Says Businesses Expect a Unified Commerce Experience
Priority CEO Says Businesses Expect a Unified Commerce Experience
November 09, 2023  |  B2B Payments

B2B payments are increasingly finding themselves in the spotlight, and for good reason.  The complex and massive space is increasingly benefitting from the trickledown consumerization of...

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This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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