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.

Texas Hotel Group To Give Back $70M In PPP Loans

Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

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Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process Half-Million Loan Applications
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process...
May 01, 2020  |  News

In today’s top news, the U.S. savings rate surged in March due to the shaky coronavirus economy, and big banks have processed almost 500,000 applications...

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Nonprofit Supports Community Entrepreneurs Amid Pandemic
Nonprofit Supports Community Entrepreneurs Amid Pandemic
May 01, 2020  |  Retail

It’s understandably an anxious time for Main Street businesses, even as downtowns prepare to reopen. But what about the entrepreneurs who are still hanging onto...

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PPP’s Banker Versus Borrower Dilemma
PPP’s Banker Versus Borrower Dilemma
May 01, 2020  |  SMBs

Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and...

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Mom And Pop Merchants Eye Digital Pivots Built To Last
Mom And Pop Merchants Eye Digital Pivots Built To Last
May 01, 2020  |  eCommerce

Normal is not coming back, or at least not in the form we all knew it in January 2020. Get the Full Story Complete the...

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Flutterwave Rolls Out Online Portal For African Merchants
Flutterwave Rolls Out Online Portal For African Merchants
April 30, 2020  |  eCommerce

The startup Flutterwave, which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set...

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Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
April 30, 2020  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How BNPL Services Help Small Businesses Increase Their Sales
How BNPL Services Help Small Businesses Increase Their Sales
April 30, 2020  |  Buy Now Pay Later

Durable workwear is essential for EMTs, firefighters and many other frontline professionals, but the COVID-19 pandemic and the ensuing economic downturn means many of these...

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The Complicated Picture Of Banking Cannabis SMBs
The Complicated Picture Of Banking Cannabis SMBs
April 30, 2020  |  B2B Payments

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments....

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