A solo dental practice in a small town. A mom-and-pop Italian restaurant in a large city. Or a one-of-a-kind hair salon somewhere in between. Tiny, independently owned businesses with fewer than 10 employees and, typically, brick-and-mortar storefronts are a bulwark of private-sector entrepreneurship that contributes significantly...
As tariffs loomed this spring, PYMNTS Intelligence found that obtaining financing was (and is) a difficult endeavor for smaller firms, which power the U.S. economy. Our surveys of small to medium-sized business (SMB) owners found that fully half of U.S. SMBs rely on their day-to-day...
The White House says it is making it easier for underserved small businesses to get capital. The Biden administration announced in a news release Friday (Nov. 29) that the Small Business Administration (SBA) had increased the maximum loan amount backed by its Community Advantage Small...
Small businesses represent 99.9% of American firms, yet effectively financing them remains an ongoing challenge. Small businesses are inherently risky — and many end up being short-lived operations. And while the demand for innovative lending solutions tailored for small and-medium-sized businesses (SMBs) continues to grow,...
June 25, 2025
A solo dental practice in a small town. A mom-and-pop Italian restaurant in a large city. Or a one-of-a-kind hair salon somewhere in between. Tiny, independently owned businesses with fewer than 10 employees and, typically, brick-and-mortar storefronts are a bulwark of private-sector entrepreneurship that contributes significantly to local and national economies. But these pint-sized enterprises are […]
June 05, 2025
As tariffs loomed this spring, PYMNTS Intelligence found that obtaining financing was (and is) a difficult endeavor for smaller firms, which power the U.S. economy. Our surveys of small to...
April 18, 2024
An unavoidable truth in business is that it frequently takes money to make money. And in today’s world, where small and medium-sized businesses (SMBs) often find themselves struggling to secure...
January 31, 2024
Flexible and accessible borrowing tools are a financial cornerstone for many small to mid-sized businesses (SMBs). PYMNTS Intelligence’s latest study finds that 90% of SMBs have used at least one...
November 12, 2025
America’s consumer finance watchdog wants to pare back and slow its small‑business lending data rule. The Consumer Financial Protection Bureau (CFPB) argued that a tighter phased start will lead to improved data quality and lower compliance costs. The 198‑page notice dealing with the change is slated for Federal Register publication Thursday (Nov. 13), with comments […]
December 01, 2024
The White House says it is making it easier for underserved small businesses to get capital. The Biden administration announced in a news release Friday (Nov. 29) that the Small...
June 04, 2024
Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets the company’s enterprise customers create...
April 23, 2024
Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance receivables increased 23% year over...
