SMBs

SMBs
ShipStation Releases New Product Bundles Feature for Merchants
August 10, 2023

ShipStation has released a new feature called Product Bundles that allows merchants to fulfill, ship and track bundled items more thoroughly on the company’s platform. Doing so allows merchants to offer more deals and discounts to their customers, increasing their average order values and driving more sales, the provider of...

SMBs
NCR and Autobooks Team on Payment Tools for Small Businesses
August 03, 2023

NCR and Autobooks have formed a partnership that adds integrated digital invoicing, payment acceptance and accounting features to NCR Digital Banking for financial institutions. The strategic alliance offers users a suite of integrated payments and cash management solutions, built specifically for small businesses, the companies...

SMBs
To Expand Credit Access to Small Businesses, Banks Must Tap Alternative Data
August 02, 2023

Chris Hendrickson, senior vice president of small business strategy at Comerica, and Scott Steinberg, chief product officer and chief operating officer of Enigma, said a multidimensional underwriting process is needed to give a critical lifeline to companies seeking to navigate an uncertain macro environment — and to grow....

SMBs
Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
August 01, 2023

B2B payments platform Melio has debuted a tool to help small businesses access capital. The company’s Pay Over Time product lets small- to medium-sized businesses (SMBs) pay vendors and business bills in monthly installments, while their suppliers are still paid on time and in full, according to a Tuesday...

SMBs
SBA to Debut Changes to Boost Small Business Access to Credit
July 31, 2023

Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements, more widespread automation and an expansion of the number of nonbank lenders that are licensed to issue Small Business Administration...

SMBs
PayPal Announces Return of Venmo Small Business Grant Program
July 24, 2023

PayPal Holdings has announced the return of the Venmo Small Business Grant. This second iteration of the grant program will provide 20 small businesses with financial grants of $10,000 each and mentorship on topics such as financial analysis, digital marketing, legal services and more, the company said...

SMBs
PayFacs Help Creator Economy Monetize Content, Grow Small Business Economy
July 17, 2023

The creators are creating content, yes — but an economy too. Your favorite influencer is available at the tap of a screen. That influencer can steer you to the products and services — and the merchants — you’d otherwise not encounter, were it not for Snapchat or Instagram....

SMBs
Cold Stone Creamery Dishes on Consumer Loyalty for Small Business
July 15, 2023

Loyalty to ice cream? That seems like a task many would be willing to take on. But what if you lack the recognition of a widely known household name? How does one navigate the competitive landscape when pitted against established giants like Breyers or the...

SMBs
Small Businesses Ask Customers for Working Capital
July 13, 2023

For smaller businesses, the lending spigots are tightening — at least at traditional financial services providers, the big banks that now are cautious amid rocky macro trends. And that’s spurring at least some SMBs to consider new financing avenues — including tapping their customer bases...