Even as the economic outlook of small and medium-sized businesses (SMBs) has improved somewhat, 59% still believe we will go through a recession in the next year, and many are concerned that they don’t have the cash reserves to carry them through it. According to...
Commerce solutions provider Square has unveiled nearly 100 features to help its business customers grow. The new features, announced Wednesday (April 12), offer sellers a way to enhance their revenue at a time when small and-medium-sized businesses (SMBs) are feeling pinched. “Square has more than...
America’s small business owners are feeling fairly pessimistic about the future. The latest edition of the National Federation of Independent Businesses (NFIB) Small Business Optimism Index fell last month to 90.1, the agency announced Tuesday (April 11), as business owners contended with inflation, trouble borrowing,...
Main Street USA is operating on the edge, and most are concerned about the impacts of inflation and the uncertain economic forecast. Most small to midsized businesses (SMBs) that line Main Streets across the country have access to enough cash reserves to stay open...
Hello Alice has launched a Business Health Score to help small businesses access investment, capital and credit. The new assessment tool is designed to support small businesses seeking to increase their financial and business health and to help Hello Alice and its ecosystem partners better...
Enigma and Noble have partnered to help lenders make underwriting decisions about businesses. The collaboration brings together Enigma’s intelligence about the financial health and identity of U.S. businesses and Noble’s verification, credit underwriting and decisioning solutions, the companies said in a Wednesday (March 29) press...
The Small Business Administration (SBA) is pledging more support to female entrepreneurs. President Joe Biden is set to announce the expansion of the SBA’s network of Women Business Centers, bringing the total to 160 nationwide, the White House said Monday (Mar. 27). “These centers are...
As banking relationships evolve, bank offerings are transforming alongside them. This, as Rohit Mathur, head of Bridge built by Citi, tells PYMNTS CEO Karen Webster that the needs of small and medium-sized businesses (SMBs) have never been greater than they are today. “There’s not many out...
Small to mid-sized businesses (SMBs) are sometimes portrayed as the underdogs in a fight against larger companies to win customers. It is said that the Amazons and Walmarts of the world have the upper hand, while mom-and-pop stores on the corner have just a slim...
