PYMNTS-MonitorEdge-May-2024

small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

Visa Foundation Pledges $210M For COVID-19-Stricken Businesses
Visa Foundation Pledges $210M For COVID-19-Stricken Businesses
April 06, 2020  |  VISA

The Visa Foundation announced that it is pledging $210 million to fund two different programs that will support small and micro enterprises that have been...

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SMBs Face An Impossible Conundrum With The Coronavirus
SMBs Face An Impossible Conundrum With The Coronavirus
April 03, 2020  |  Today In Data

The coronavirus is wreaking havoc on the economy, with individuals staying at home as they purchase less and save while retailers and vendors work to stop the...

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Small Businesses Shift Their Outlook With The Coronavirus
Small Businesses Shift Their Outlook With The Coronavirus
March 31, 2020  |  Today In Data

For most small businesses, the decade began with optimism, but it would take only three weeks for that thinking to change as consumers began to...

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New Data: What COVID-19 Is Doing To Main Street SMBs
New Data: What COVID-19 Is Doing To Main Street SMBs
March 30, 2020  |  Coronavirus

For most small businesses, the dawn of the new decade was filled with optimism for their futures. Consumer confidence was at an all-time high, and...

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Federal Agencies Ask Lenders To Offer Small Loans To Fill COVID-19 Gap
Federal Agencies Ask Lenders To Offer Small Loans To Fill COVID-19 Gap
March 26, 2020  |  Coronavirus

Five federal financial regulatory agencies are encouraging banks, savings associations and credit unions to offer small loans to consumers and small businesses in response to...

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Collaborative ‘Help Main Street’ Database Will Give Financial Aid To Local Businesses
Collaborative ‘Help Main Street’ Database Will Give Financial Aid To Local Businesses
March 18, 2020  |  Coronavirus

A collaborative effort by startup Lunchbox and activist investors Eniac Ventures will aim to help small businesses during the coronavirus pandemic by providing a way to...

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Rapid Settlements To The SMB Rescue
Rapid Settlements To The SMB Rescue
January 21, 2020  |  Payments Innovation

The overwhelming majority of U.S. businesses are small businesses — close to 90 percent of U.S. companies employ fewer than 20 people. Of those, four...

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Forty Percent Of US-Listed Companies Report Losses
Forty Percent Of US-Listed Companies Report Losses
January 10, 2020  |  Investments

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside...

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Revenues Grow While Profits Flat For Over Half Of US SMBs
Revenues Grow While Profits Flat For Over Half Of US SMBs
January 06, 2020  |  SMBs

More than half of U.S. small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017,...

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