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.
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023  |  SMBs

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from...

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Small Businesses Look for New Options as Traditional Funding Shrinks
Small Businesses Look for New Options as Traditional Funding Shrinks
October 05, 2023  |  SMBs

Smaller firms feel the credit crunch — and are likely to pivot to new avenues of financing. PYMNTS Intelligence shows that six in 10 smaller...

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Third-Party Sellers Talk Shop as Amazon and Walmart Put Marketplaces in Spotlight
Third-Party Sellers Talk Shop as Amazon and Walmart Put Marketplaces in Spotlight
October 05, 2023  |  Retail

In today’s hyper-competitive business landscape, small- to medium-sized businesses (SMBs) face challenges in standing out and reaching consumers. The rise of eCommerce has transformed the...

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American Express Upgrades Gold Card as Businesses Hunt for Credit
American Express Upgrades Gold Card as Businesses Hunt for Credit
October 03, 2023  |  Credit Cards

American Express debuted an upgraded version of its Business Gold Card. The revamped card gives customers the ability to earn membership rewards in some business...

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Working Capital Deserts on Main Street Challenge Small Business Survival
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023  |  SMBs

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue...

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Weavr to Close Its Recently Acquired Open Banking Payments App
Weavr to Close Its Recently Acquired Open Banking Payments App
October 02, 2023  |  B2B Payments

London-based embedded finance provider Weavr has said it will close its open banking payments app, Comma. The company acquired the app in March and will close...

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Small Business Bankruptcies Jump as Capital Grows Scarce
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023  |  SMBs

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. As The Wall Street Journal  (WSJ) reported Sunday (Oct. 1), the jump...

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EU Retailers Push Back Against 30-Day Payment Rule
EU Retailers Push Back Against 30-Day Payment Rule
October 01, 2023  |  Commercial Payments

European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the...

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Sage and Swoop Partner to Help Small Businesses Access Funding
Sage and Swoop Partner to Help Small Businesses Access Funding
September 29, 2023  |  SMBs

Sage, a provider of accounting and financial technology, has partnered with Swoop, a FinTech company specializing in funding solutions, to provide business funding and cost-savings solutions....

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