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.

China Regs To Assess Banks’ SMB Financing Efforts

China Regs To Assess Banks’ SMB Financing Efforts
China Regs To Assess Banks’ SMB Financing Efforts
April 10, 2020  |  B2B Payments

With the newest effort to direct more funding its most susceptible business vertical, China’s banking regulator said it would begin to watch the level of...

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Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In May
Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In...
April 10, 2020  |  News

In today’s top news, the Federal Reserve has launched a multi-trillion-dollar lending program that targets smaller companies and local governments, while the demand for Small...

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Trump Wants New Business Relief Pushed Through As-Is
Trump Wants New Business Relief Pushed Through As-Is
April 10, 2020  |  Economy

A partisan standoff on Capitol Hill over additional small business funding prompted President Trump on Friday (April 10) to urge Congress to pass the measure...

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Too Little, Too Late For COVID-19 Stimulus Efforts?
Too Little, Too Late For COVID-19 Stimulus Efforts?
April 10, 2020  |  Economy

Trillions of dollars for governments, for businesses, and for individuals – and it may all be a case of too little, too late. Get the...

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Open Banking, Supply Chain Tech Land Fresh VC Funding
Open Banking, Supply Chain Tech Land Fresh VC Funding
April 10, 2020  |  B2B Payments

Adding to ongoing confusion and hiccups surrounding the U.S. stimulus package, some small- to medium-sized businesses (SMBs) remain unclear as to whether their ties to...

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The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
April 09, 2020  |  Banking

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds —...

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Fed Eyes Opening SBA Loans To FinTechs
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020  |  Loans

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in...

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Fed’s $2.3T Targets Governments, ‘Main Street’ SMBs
Fed’s $2.3T Targets Governments, ‘Main Street’ SMBs
April 09, 2020  |  Loans

The Federal Reserve said it would offer as much as $2.3 trillion in loans aimed at shoring up small to mid-sized businesses, U.S. households and...

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