SMBs

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

Balance Lands $350M to Help Steady SMBs
Balance Lands $350M to Help Steady SMBs
November 22, 2022  |  B2B Payments

B2B marketplace and eCommerce payments platform Balance has received a $350 million credit facility from Viola Credit to boost its financing capabilities. Get the Full...

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PayUp Receives $5M Line of Credit to Factor Invoices for SMBs 
PayUp Receives $5M Line of Credit to Factor Invoices for SMBs 
November 22, 2022  |  B2B Payments

Early payment solutions provider PayUp, a Rex company, has received a $5 million line of credit from private working capital finance company nFusion Capital and said this would allow it...

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B2B Marketplace Operators Offer Credit to Keep African SMBs Liquid
B2B Marketplace Operators Offer Credit to Keep African SMBs Liquid
November 21, 2022  |  Africa

A wave of platforms that enable digital sales and procurement are revolutionizing the way African companies do business, contributing to an all-round more efficient trading...

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UK FinTech Stenn Offers SMBs Digital Invoice Financing
UK FinTech Stenn Offers SMBs Digital Invoice Financing
November 21, 2022  |  International

U.K.-based FinTech Stenn, which specializes in invoice financing, is focusing its energies on to small and medium-sized businesses (SMBs) and emerging markets, where access to...

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Access Softek Launches Business Banking Solution for Community FIs
Access Softek Launches Business Banking Solution for Community FIs
November 18, 2022  |  Digital Banking

Omnichannel digital banking provider Access Softek has launched a new solution designed to enable community banks and credit unions (CUs) to provide services to businesses...

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Chase Expands Special Purpose Credit Program for Small Businesses
Chase Expands Special Purpose Credit Program for Small Businesses
November 18, 2022  |  Banking

Aiming to expand credit access to businesses in historically underserved areas, Chase has announced the nationwide rollout of its Special Purpose Credit Program (SPCP). Get...

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SMBs Hungry for New Sources of Credit to Help Fund Their Dreams and Needs
SMBs Hungry for New Sources of Credit to Help Fund Their Dreams and Needs
November 18, 2022  |  SMBs

Working capital remains elusive for small- to medium-sized businesses (SMBs). The risks taken by entrepreneurs with a product and a dream can be staggering, and...

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Finzly Launches Treasury Management Platform for Global Banking
Finzly Launches Treasury Management Platform for Global Banking
November 17, 2022  |  B2B Payments

FinTech Finzly has released an advanced version of its treasury management platform that enables banks to offer their business, commercial and corporate clients global transaction...

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SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
November 16, 2022  |  Acquisitions

Financial automation software provider BILL announced Wednesday (Nov. 16) that it has completed its acquisition of SMB financial planning company Finmark. Get the Full Story...

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