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.

LHV Bank Collaborates With Tuum on Small Business Lending
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023  |  Banking

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to...

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Fed’s Beige Book Portends Slowdown for Main Street Retail Mainstays
Fed’s Beige Book Portends Slowdown for Main Street Retail Mainstays
September 06, 2023  |  Economy

Modest growth is in the cards, and for Main Street stalwarts among smaller businesses — namely in retail — the pressure is mounting. The Federal...

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Momnt Raises $15 Million to Grow Lending and Financing Platform
Momnt Raises $15 Million to Grow Lending and Financing Platform
September 06, 2023  |  Investments

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the...

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Intuit Debuts AI-Powered Small Business Financial Assistant
Intuit Debuts AI-Powered Small Business Financial Assistant
September 06, 2023  |  Artificial Intelligence

Intuit is using generative artificial intelligence (AI) to help small businesses make decisions. The company, owner of TurboTax, Credit Karma and Quickbooks, debuted Intuit Assist, an AI-powered tool for its small...

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Bluevine Expands FDIC Insurance Coverage by Working With Sweep Network
Bluevine Expands FDIC Insurance Coverage by Working With Sweep Network
September 05, 2023  |  Banking

Bluevine, a digital banking platform catering to small businesses, has expanded its Federal Deposit Insurance Corporation (FDIC) insurance coverage. Account holders with Bluevine will now...

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Factory Order Data Underscores Need for Robust Inventory Management — and Financing
Factory Order Data Underscores Need for Robust Inventory Management — and Financing
September 05, 2023  |  Economy

The U.S. Commerce Department said Tuesday (Sept. 5) that orders for U.S. manufactured goods were down in July, by 2.1%, a reversal from four straight...

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PSB Alliance and Veefin Solutions Partner on Supply Chain Financing
PSB Alliance and Veefin Solutions Partner on Supply Chain Financing
September 01, 2023  |  Supply Chain

PSB Alliance, an entity formed by 12 state-owned lenders in India, has partnered with Veefin Solutions, a builder of white-labelled supply chain finance and digital lending...

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Uplinq, Visa Team to Help Small Businesses Access Funding
Uplinq, Visa Team to Help Small Businesses Access Funding
August 30, 2023  |  SMBs

Credit decisioning platform Uplinq has teamed with Visa to help small businesses access credit. The collaboration, announced Wednesday (Aug. 30), is designed to help lenders reduce risk while also giving American...

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Zil Money Introduces ‘Payroll By Credit Card’ for Small Businesses
Zil Money Introduces ‘Payroll By Credit Card’ for Small Businesses
August 30, 2023  |  Payroll

Zil Money has introduced a Payroll By Credit Card feature designed to help small businesses manage payroll cash flow while still paying employees on time. When paying with...

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