Business Credit news and trends

Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
B2B Payments // April 25, 2024

Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday...

Lendica and EBizCharge Partner on Embedded Business Credit Solution
B2B Payments // April 16, 2024

Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence (AI) lending capabilities and EBizChange’s platform for payment solutions, the companies said in a Tuesday...

Multifi Launches 120-Day Payment Terms for Small Businesses in UK
SMBs // February 29, 2024

Business finance platform multifi has launched 120-day payment terms available to small and medium-sized businesses (SMBs) in the United Kingdom. The official launch of this offering follows a broker pilot program, the company said in a Thursday (Feb. 29) press release emailed to PYMNTS. “We are thrilled...

eCommerce Platforms Make the Leap Into One-Stop-Shop Embedded Trade Finance 
SMBs // February 22, 2024

For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides the ready cash needed to buy inventory, pay staff and take advantage of growth opportunities. A number of eCommerce platforms...

Interviews & Exclusives
Main Street Merchants See Light at End of 2024 Tunnel

June 19, 2024
We’re roughly at the midpoint of 2024, and the midpoint is a good time to take stock of where we’ve been and what lies ahead. For the Main Street small businesses that power job creations and wages — and are dependent on the state of the U.S. consumer — the prognosis for the next six […]

Credit Scarce for Brick & Mortar, but Not Online Small Businesses

May 23, 2023
The old adage is that the best time to get credit … is when you don’t need credit.  That’s because when a firm’s coffers are running low, when cash flow...

Walmart Business+ Takes the Temperature on Healthcare Procurement

April 20, 2023
Business credit card issuers are working with major retailers online and in-store to capture and add value to business spend with flexibility and rewards aligned for business users. The latest...

Fundbox Pay Expands To B2B Marketplaces

January 25, 2019
Financing purchases at the point of sale is gaining traction in B2C eCommerce, so why not B2B? Fundbox is bringing Fundbox Pay to the points at which smaller firms’ workflows...

Quick Reads
Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform

April 25, 2024
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday (April 24) press release. The new partnership of the two […]

Lendica and EBizCharge Partner on Embedded Business Credit Solution

April 16, 2024
Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence...

Multifi Launches 120-Day Payment Terms for Small Businesses in UK

February 29, 2024
Business finance platform multifi has launched 120-day payment terms available to small and medium-sized businesses (SMBs) in the United Kingdom. The official launch of this offering follows a broker pilot program, the...

Enova Reports Charge-Offs Rise, Return to Pre-Pandemic Seasonal Patterns

January 30, 2024
Enova saw its charge-offs increase during the fourth quarter but remain below those it saw before the pandemic. Compared to the same quarter a year earlier, the online lender’s charge-offs increased...