PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. small businesses with more than $847 million, up from...
Online commerce platform BigCommerce is now linking its sellers to financing via PayPal. The companies announced news on Friday (Nov. 17) that BigCommerce will connect businesses on its platform to PayPal Working Capital. The move comes about as part of a broader expansion of their partnership...
The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging credit crunch. Ten years out, consumers and big businesses experience the credit crunch as a...
As PayPal continues to strengthen its position with SMB services, the company’s U.K. unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to...
November 11, 2022
Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. As part of the SMB-TV series done in collaboration with PayPal, PYMNTS’ Karen Webster […]
August 11, 2017
The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging...
July 22, 2015
It’s official: PayPal is now its own company. But that doesn’t mean the payments giant won’t be working with other businesses. In fact, new reports said PayPal is set to strengthen its collaboration with the small business community and boost its SME funding efforts now that it’s off and running apart from eBay. PayPal first […]
