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SMBs Explore Financing Options For Their Digital Transformations

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In some cases, when a traditional bank shuts the door on an SMB applicant, a business owner may not know where else to turn for capital. In other scenarios, an SMB may be overwhelmed with a plethora of loan products, each designed for different purposes with unique requirements and costs. But the price tag is rarely painless.

Finance 67
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Cashplus Launches Payment Tracking For Its SMB Cards

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The tool also categorizes payments so people can track business spending and tag payments to a specific job or client. This new tool adds to existing SMB-focused functionality available to Cashplus business customers. The many thousands of U.K.

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Facebook Steps Up Social Commerce For SMBs

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It showed that one-third of small and medium-sized businesses (SMBs) have failed since the pandemic while another 11 percent expect to fail in the next three months if the pandemic continues. Facebook helped conduct the survey of 86,000 SMB owners. told Bloomberg. Now, we’re making it easier to shop for products in real time.

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Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead

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The feature is expected to appeal to creators and brands, and will also allow users to add shopping tags to their posts. Reels are the short-form videos that now have their own tab in Instagram. eBay: Offline Payment Preferences Are Changing Online Habits. As fast and furious as the digital pace has been in 2020, it will accelerate in 2021.

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How FinTech Helps SMBs Get A Grip On The Numbers

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Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers.

Numbers 61
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How SMBs’ Manual Processes Cost Economies Billions In Lost Growth

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Taking time to crunch numbers or hand-pick data is a waste for SMB owners, for sure. But a new report from cloud accounting firm Sage has put a price tag on this burden: a whopping $600 billion for firms across the globe. Manual processes are expensive for small businesses, in both time and money. Canada, U.K. Canada, U.K.

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SMB Spotlight: A Little Love From Mastercard For More To Love Yoga

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What does it take to succeed as a small or medium-sized business (SMB)? More than a good idea, more than passion, more than hard work, long hours or even good luck: As with many ventures, you’ve got to spend money to make money, and SMBs don’t always have the resources or the time to determine where those resources are best spent.