PYMNTS-MonitorEdge-May-2024

SMB lending

Amazon Taps BoA To Reduce Merchant Lending Risk
Amazon Taps BoA To Reduce Merchant Lending Risk
February 15, 2018  |  Amazon

Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. CNBC reported that the  partnership – revealed by...

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Trade Finance Awaits A Boost From FinTech
Trade Finance Awaits A Boost From FinTech
January 11, 2018  |  B2B Payments

Lenders in the U.S. overwhelmingly plan to expand financing activity this year. According to new research from Magilla Loans, which offers an anonymous search engine...

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Community Banks Aim To Amplify Competitive Edge With FinTechs
Community Banks Aim To Amplify Competitive Edge With FinTechs
January 09, 2018  |  B2B Payments

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for...

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Canada Economic Growth Slows, SMB Lending Cools
Canada Economic Growth Slows, SMB Lending Cools
December 20, 2017  |  B2B Payments

Data is expected to show slower economic growth across Canada for the second half of 2017 and, along with it, a slowdown in small- and...

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Boost To Finserv Competition Fails To Ease UK SMB Access To Finance
Boost To Finserv Competition Fails To Ease UK SMB Access To Finance
December 14, 2017  |  B2B Payments

New research from merchant banking group Close Brothers suggests U.K. small- and medium-sized businesses (SMBs) are still largely struggling to access financing, despite a recent...

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First National Bank Plans Online SMB Lending Portal
First National Bank Plans Online SMB Lending Portal
December 13, 2017  |  B2B Payments

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution....

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Kabbage Lands Credit Suisse Credit Facility
Kabbage Lands Credit Suisse Credit Facility
November 20, 2017  |  B2B Payments

Alternative small business (SMB) lender Kabbage says it is diversifying the sources from which it obtains money to finance loans through a new deal with...

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SMBs Tell Congress To Loosen Community Bank Lending Regs
SMBs Tell Congress To Loosen Community Bank Lending Regs
November 16, 2017  |  B2B Payments

Small businesses (SMBs) are urging Congress to ease legislative burdens on banks they say have limited FIs’ ability to lend to SMBs, according to news...

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Intuit Makes Use Of QuickBooks Data For SMB Loans
Intuit Makes Use Of QuickBooks Data For SMB Loans
November 08, 2017  |  B2B Payments

Intuit-operated QuickBooks has dabbled in small- and medium-sized business (SMB) financing in the past, but an announcement made Tuesday (Nov. 7) reveals it is now...

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