SMBs

SMBs
Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
January 30, 2024

Canadian FinTech company Nuvei launched its first integration into Microsoft Dynamics 365 Business Central. The integration will enable small- to medium-sized businesses (SMBs) to incorporate various payment methods into their existing enterprise resource planning (ERP) modules, the companies said in a Tuesday (Jan. 30) press...

SMBs
Credit Access Among Top SMB Priorities, Yet 30% Report No Immediate Need
January 25, 2024

Small- to medium-sized businesses (SMBs) are increasingly facing challenges in accessing the credit they need to run and grow their operations. As rising costs and inflation take a toll, many are turning to external financing options. However, despite the availability of various financing options, a...

SMBs
Nav Launches Service for Small Businesses Rejected for Financing
January 17, 2024

Nav has launched a “next best option” service for small businesses that have been rejected for a credit card or loan. A new addition to Nav’s financial health platform for small businesses, this service aims to provide transparency and guidance for these small businesses that are...

SMBs
AI Poised to Drive Small Business Lending Decisions
January 17, 2024

Small- to medium-sized businesses (SMBs) are, by definition, firms with the most potential to grow. But, somewhat counterintuitively, SMBs also represent a category most likely to suffer from a lack of financial inclusion within the broader landscape. This leaves them shut out from the lending,...

SMBs
4 in 10 Main Street SMBs Find Marketing Costs Challenging When Selling Online
January 16, 2024

For small businesses with limited geographic presence, the online channel constitutes an opportunity to expand their customer base and drive sales growth. At the same time, however, there are challenges. Beyond the necessary resources and capabilities to operate an online business, security and marketing are...

SMBs
Private Credit Booms as Main Street Firms Seek Capital Access 
January 15, 2024

For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need. And for the lenders, the opportunity is ripe to tap into a market worth trillions of dollars.   As has been...

SMBs
Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
January 11, 2024

With prices at high levels most of the year and with the overall economy recording moderate growth, 2023 was a challenging year for businesses, especially for the most vulnerable small and medium-sized businesses (SMBs). However, signs of recovery were observed at the end of the...

SMBs
Inflation Remains Top of Mind for Small Businesses as 2024 Kicks Off
January 09, 2024

The cost of doing business is top of mind for Main Street’s small businesses. The National Federation of Independent Business detailed in its Tuesday (Jan. 9) survey of small business optimism that small businesses, in the words of NFIB Chief Economist Bill Dunkelberg are “very...

SMBs
72% of Main Street SMBs Prioritize Ease of Use When Selecting Payment Processor
January 05, 2024

Whether it’s a quaint local shop, a cozy diner, or a busy salon, payment processors form the backbone of financial operations for small- t0 medium-sized businesses (SMBs) in the United States.  These processors play a pivotal role, streamlining the payment journey as well as enabling...