Small Business Administration

SMB Underwriting Slowed As Demand Fell Off At The End Of 2017
SMB Underwriting Slowed As Demand Fell Off At The End Of 2017
May 30, 2018  |  SMBs

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. Financing of all sorts was...

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Visa ‘Hackathon’ Produces A Digital Payment Tool For Small Businesses
Visa ‘Hackathon’ Produces A Digital Payment Tool For Small Businesses
May 03, 2018  |  API

Its name is Hermyz. Its mission, which just won the official admiration of Visa, is to move small businesses away from checks and paper receipts...

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Visa, SBA To Host Small Business FinTech Hackathon
Visa, SBA To Host Small Business FinTech Hackathon
April 17, 2018  |  B2B Payments

Visa and the U.S. Small Business Administration (SBA) are hosting a small business (SMB) hackathon later this month to promote the development of small business solutions....

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SBA Turns Attention To Credit Unions To Revive Small Biz Lending
SBA Turns Attention To Credit Unions To Revive Small Biz Lending
January 29, 2018  |  B2B Payments

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies...

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SMBs Account For One-Third Of Global Employment
SMBs Account For One-Third Of Global Employment
October 11, 2017  |  B2B Payments

It’s a phrase said so often that it’s almost become a cliche for nations around the world: Small businesses are the backbone of their economies. Indeed,...

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Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
September 18, 2017  |  B2B Payments

The Consumer Financial Protection Bureau is preparing to collect data on how lenders work with women-owned, minority-owned and small businesses (SMBs), but the American Bankers...

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SBA Head McMahon Offers Update Six Months Into The Job
SBA Head McMahon Offers Update Six Months Into The Job
August 24, 2017  |  B2B Payments

Six months into her tenure, U.S. Small Business Administration (SBA) head Linda McMahon is speaking up about the state of small and mid-sized businesses (SMBs)...

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On Main Street USA, Small Businesses Continue To Rise
On Main Street USA, Small Businesses Continue To Rise
May 05, 2017  |  SMBs

The 3.4 million storefront businesses that form the lifeblood of the U.S. economy are on a run and are seemingly gaining momentum. According to the latest...

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Senate Confirms New SBA Head McMahon
Senate Confirms New SBA Head McMahon
February 15, 2017  |  B2B Payments

After a delayed vote followed by eventual approval by the Small Business and Entrepreneurship Committee, Linda McMahon has received confirmation from the Senate to take...

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