In the global view, small businesses aren’t so small. They represent 90% of all businesses and more than 50% of employment globally. And in emerging markets, they are contributing 40% of GDP. Those stats from the World Bank underscore the need for these smaller companies...
We’re roughly at the midpoint of 2024, and the midpoint is a good time to take stock of where we’ve been and what lies ahead. For the Main Street small businesses that power job creations and wages — and are dependent on the state of...
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday...
Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence (AI) lending capabilities and EBizChange’s platform for payment solutions, the companies said in a Tuesday...
October 02, 2024
Embedded lending’s usage around the globe has been growing — but as we enter new cycles of technology and seamless interactions, we’ll see more consumers and businesses turn to a growing set of use cases where they get the financing they need to get the things they want. That was one of the insights from […]
June 19, 2024
We’re roughly at the midpoint of 2024, and the midpoint is a good time to take stock of where we’ve been and what lies ahead. For the Main Street small...
May 23, 2023
The old adage is that the best time to get credit … is when you don’t need credit. That’s because when a firm’s coffers are running low, when cash flow...
April 20, 2023
Business credit card issuers are working with major retailers online and in-store to capture and add value to business spend with flexibility and rewards aligned for business users. The latest...
April 25, 2024
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday (April 24) press release. The new partnership of the two […]
April 16, 2024
Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings together Lendica’s embedded artificial intelligence...
February 29, 2024
Business finance platform multifi has launched 120-day payment terms available to small and medium-sized businesses (SMBs) in the United Kingdom. The official launch of this offering follows a broker pilot program, the...
January 30, 2024
Enova saw its charge-offs increase during the fourth quarter but remain below those it saw before the pandemic. Compared to the same quarter a year earlier, the online lender’s charge-offs increased...
