working capital

Nearly 50% of European Firms Rely on Overdrafts From Corporate Bank Accounts
Nearly 50% of European Firms Rely on Overdrafts From Corporate Bank Accounts
October 17, 2023  |  Loans

Accessing working capital solutions is crucial for growth corporates — often referred to as middle market firms — around the world. However, the choices available...

READ MORE >
Business Lender iwoca Raises $243 Million to Fund Small Businesses
Business Lender iwoca Raises $243 Million to Fund Small Businesses
October 16, 2023  |  SMBs

European small business lender iwoca says it has raised $243 million in new funding.  The financing, announced late Monday (Oct. 16), follows the $152 million the London-based...

READ MORE >
Banking Industry Pushes Back Against Proposed Capital Rules
Banking Industry Pushes Back Against Proposed Capital Rules
October 13, 2023  |  Bank Regulation

Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and...

READ MORE >
Walgreens Looks Aisle to Aisle to Cut Costs
Walgreens Looks Aisle to Aisle to Cut Costs
October 13, 2023  |  Retail

Following the challenges posed by the COVID-19 pandemic’s transition, a leadership reorganization, a shaky foray into health care, and recent labor issues with pharmacy staff,...

READ MORE >
An Insider on Shifting to a Strategic AR Mindset
An Insider on Shifting to a Strategic AR Mindset
October 10, 2023  |  Accounts Receivable

PYMNTS interviews Murray Sharp, vice president of partnerships, channel sales & business development at Billtrust, about why the current economic environment requires not merely an...

READ MORE >
OnlineCheckWriter and Plexe Team as Businesses Struggle to Find Capital
OnlineCheckWriter and Plexe Team as Businesses Struggle to Find Capital
October 09, 2023  |  B2B Payments

B2B payment platform OnlineCheckWriter.com has teamed with Plexe to help businesses access working capital. The recently announced partnership lets businesses access Plexe’s line of credit after verifying business information and a...

READ MORE >
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
October 09, 2023  |  Accounts Receivable

As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic...

READ MORE >
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023  |  SMBs

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from...

READ MORE >
Galileo, Mastercard Team on Smart BNPL for Small Businesses
Galileo, Mastercard Team on Smart BNPL for Small Businesses
October 05, 2023  |  Buy Now Pay Later

David Feuer, chief product officer of Galileo Financial Technologies, told PYMNTS that the current financial services landscape is a challenging one for smaller firms —...

READ MORE >