SMBs

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

Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
May 04, 2020  |  Loans

As small businesses try to beat the odds to get a piece of the latest round of first-come, first-served Paycheck Protection Program (PPP) money, $175...

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RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
May 03, 2020  |  B2B Payments

Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest,...

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Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

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Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process Half-Million Loan Applications
Today In Payments: Savings Rate Surges To Highest Level In 39 Years; Big Lenders Process...
May 01, 2020  |  News

In today’s top news, the U.S. savings rate surged in March due to the shaky coronavirus economy, and big banks have processed almost 500,000 applications...

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Nonprofit Supports Community Entrepreneurs Amid Pandemic
Nonprofit Supports Community Entrepreneurs Amid Pandemic
May 01, 2020  |  Retail

It’s understandably an anxious time for Main Street businesses, even as downtowns prepare to reopen. But what about the entrepreneurs who are still hanging onto...

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PPP’s Banker Versus Borrower Dilemma
PPP’s Banker Versus Borrower Dilemma
May 01, 2020  |  SMBs

Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and...

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Mom And Pop Merchants Eye Digital Pivots Built To Last
Mom And Pop Merchants Eye Digital Pivots Built To Last
May 01, 2020  |  eCommerce

Normal is not coming back, or at least not in the form we all knew it in January 2020. Get the Full Story Complete the...

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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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Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
April 30, 2020  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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