The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility than a traditional term loan. The 7(a) Working Capital Pilot (WCP) Program will launch later...
The Small Business Administration (SBA) reportedly plans to launch a working capital pilot program that will include government-backed credit lines of up to $5 million. The pilot program is designed to be attractive to both lenders and borrowers and to provide small businesses with working...
The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during COVID. Now, many of those small businesses say they are struggling to pay back fees after defaulting on those loans, The Wall Street Journal (WSJ) reported Thursday (May 2). According to that report, the SBA...
Despite the moniker attached to their segment, small businesses loom large in the American economy. And with the U.S. Small Business Administration (SBA) celebrating National Small Business Week starting Sunday (April 28), the staying power of entrepreneurship in the U.S. is top of mind for both...
November 11, 2022
Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. As part of the SMB-TV series done in collaboration with PayPal, PYMNTS’ Karen Webster […]
September 25, 2020
With Main Street small- to medium-sized businesses (SMBs) suffering through a downturn more ruinous than any in living memory, many that make it will do so by accessing new customers...
September 11, 2020
Sept. 11, 2020, marks 225 days since the coronavirus was first declared a pandemic on March 11, lasting longer than most of the businesses on Main Street U.S.A. ever expected...
May 28, 2020
When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services...
June 06, 2024
The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility than a traditional term loan. The 7(a) Working Capital Pilot (WCP) Program will launch later this year, the SBA said in a Thursday (June 6) […]
June 04, 2024
The Small Business Administration (SBA) reportedly plans to launch a working capital pilot program that will include government-backed credit lines of up to $5 million. The pilot program is designed...
May 02, 2024
The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during COVID. Now, many of those small businesses say they are struggling to pay back fees after defaulting on those loans,...
March 04, 2024
The U.S. Small Business Administration (SBA) has launched an enhanced version of its Lender Match tool that connects small business owners with SBA-approved lenders. The enhanced platform provides a mobile-first...