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.

The Main Street Cash Crunch, Quantified

The Main Street Cash Crunch, Quantified
The Main Street Cash Crunch, Quantified
July 20, 2020  |  SMBs

Cash flow is the lifeblood of Main Street small business. Under COVID-19 cash flow dried up almost overnight, triggering what’s starting to look like a...

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SMBs Near Colleges Contend With Future In Flux
SMBs Near Colleges Contend With Future In Flux
July 17, 2020  |  Economy

As sporting events and move-in weekend are not set in stone in towns with colleges, those who own small companies question how their businesses will...

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Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
July 17, 2020  |  Loans

It will now be a lot easier for schools, hospitals and social service organizations to access funds using the Main Street Lending Program. Get the...

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Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
July 17, 2020  |  Loans

Another phase of the Paycheck Protection Program (PPP) should be more focused and should provide loans on a “more targeted” basis to help the companies...

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Lendio, Web.com Team Up To Help SMBs Access Loans
Lendio, Web.com Team Up To Help SMBs Access Loans
July 16, 2020  |  B2B Payments

Lendio has announced a new partnership with Web.com to help small businesses access pandemic-related relief, a press release says. Get the Full Story Complete the...

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Coconut Notches $3.15M For SMB Accounting Platform
Coconut Notches $3.15M For SMB Accounting Platform
July 15, 2020  |  B2B Payments

Small- to medium-sized business (SMB) finance app Coconut has notched approximately 2.5 million pounds ($3.15 million) through a Crowdcube fundraising. The company had initially aimed...

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SMBs Seek New Avenues To Cross-Border Payments
SMBs Seek New Avenues To Cross-Border Payments
July 15, 2020  |  B2B Payments

Although cross-border expansion can be a major business growth opportunity for U.S. companies today, that wasn’t always the case. Get the Full Story Complete the...

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Fed’s Harker Warns Of Economic Fallout Of Increased COVID Cases
Fed’s Harker Warns Of Economic Fallout Of Increased COVID Cases
July 15, 2020  |  Economy

Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported....

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