small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

Flutterwave Rolls Out Online Portal For African Merchants
Flutterwave Rolls Out Online Portal For African Merchants
April 30, 2020  |  eCommerce

The startup Flutterwave, which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set...

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Federal Reserve Extends Reach Of Main Street Lending Program
Federal Reserve Extends Reach Of Main Street Lending Program
April 30, 2020  |  Loans

The Federal Reserve is extending its $600 billion Main Street lending program to reach small and medium-sized businesses (SMBs) hit by the coronavirus pandemic, the...

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PPP Is No Panacea, But Is Crucial To SMB Outlook
PPP Is No Panacea, But Is Crucial To SMB Outlook
April 28, 2020  |  Coronavirus

From the ongoing saga that is the Payroll Protection Program (PPP), we’ve quickly learned that $349 billion is just a down payment on a revivified...

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BoA CEO Says All PPP Applications Should Be Funded
BoA CEO Says All PPP Applications Should Be Funded
April 26, 2020  |  Loans

As the Paycheck Prevention Program (PPP) reopens on Monday (April 27) with $310 billion, Bank of America (BoA) chief executive officer (CEO) Brian Moynihan said...

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Banks Warn Replenished PPP Loan Funds May Already Be Spoken For
Banks Warn Replenished PPP Loan Funds May Already Be Spoken For
April 24, 2020  |  Loans

Banks are sounding the alarm that the upcoming funding round for the federal Paycheck Protection Program (PPP) is likely already tapped. “The majority if not...

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
SMBs Say COVID-19 Relief Loans Won’t Spur Rehiring
April 23, 2020  |  Loans

Some small businesses that received forgivable loans under the Paycheck Protection Program (PPP) say they won’t be able to rehire every employee laid off during...

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JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
JPMorgan Allegedly Favored Larger Companies Under Stimulus Loan Program
April 22, 2020  |  Loans

While the Payment Protection Program (PPP) was aimed in part at mom-and-pop businesses – and is run through the Small Business Administration (SBA) – it...

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Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
Ex-Starbucks CEO Howard Schultz: Small Restaurants Need More Than PPP Loans
April 22, 2020  |  Coronavirus

According to ex-Starbucks CEO Howard Schultz, a $1 trillion ‘bridge to a vaccine’ may be the only way to save small businesses from going under....

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