Small Business Loans news and trends

Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future

April 16, 2024
small business owner
34% of SMB Execs Say Loan Costs Are a Concern  
SMBs // April 08, 2024

From time to time, most small and medium-sized businesses (SMBs) find themselves having to borrow money to meet short-term needs or unexpected expenses. But as PYMNTS Intelligence recently reported, many SMBs — especially those earning modest revenues — avoid borrowing whenever possible. One of the...

Intuit QuickBooks Adds Line of Credit to Its Platform
Loans // March 28, 2024

Intuit QuickBooks has added a line of credit offering to the small business lending options available through its platform. The new QuickBooks Line of Credit enables small businesses to access funding from $1,000 to $50,000 and tap into the funding when and how they need...

Small Business, Banks Embrace Credit Alternatives
Loans // March 21, 2024

Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech collaborations forged and expanded. Alternative lending (or alt-lending) gets funding, typically short-term in nature, to borrowers, with one particular ready-made...

Boulevard Launches Flexible Funding Offering for Salons and Spas
Loans // March 20, 2024

Boulevard has added a new capital program to its client experience platform for self-care businesses like salons, barber shops, spas and med spas. The new Boulevard Capital financial offering provides these businesses with access to fast, flexible funding based on their demonstrated business performance rather...

Interviews & Exclusives
Small Business, Banks Embrace Credit Alternatives

March 21, 2024
Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech collaborations forged and expanded. Alternative lending (or alt-lending) gets funding, typically short-term in nature, to borrowers, with one particular ready-made audience extant in the form of small business applicants. The […]

Galileo, Mastercard Team on Smart BNPL for Small Businesses

October 05, 2023
David Feuer, chief product officer of Galileo Financial Technologies, told PYMNTS that the current financial services landscape is a challenging one for smaller firms — and especially so for the...

Why The Goldman-Amazon Bet On SMB Loans Is No Sure Thing

February 03, 2020
In the platform economy, scale matters. And in leveraging Amazon’s scale as a platform — with millions of small to medium-sized businesses (SMBs) and even micro-sized businesses hawking pretty much...

Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why

December 11, 2019
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards...

Quick Reads
Intuit QuickBooks Adds Line of Credit to Its Platform

March 28, 2024
Intuit QuickBooks has added a line of credit offering to the small business lending options available through its platform. The new QuickBooks Line of Credit enables small businesses to access funding from $1,000 to $50,000 and tap into the funding when and how they need it, the company said in a Thursday (March 28) press […]

Boulevard Launches Flexible Funding Offering for Salons and Spas

March 20, 2024
Boulevard has added a new capital program to its client experience platform for self-care businesses like salons, barber shops, spas and med spas. The new Boulevard Capital financial offering provides...

SBA Launches Enhanced Lender Match Tool for Small Businesses

March 04, 2024
The U.S. Small Business Administration (SBA) has launched an enhanced version of its Lender Match tool that connects small business owners with SBA-approved lenders. The enhanced platform provides a mobile-first...

Small Business Bankruptcies Jump as Capital Grows Scarce

October 02, 2023
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 is being driven by filings...