PYMNTS
JUNE 15, 2020
Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Last year, Square Capital did $2.3 Of that number, 60 percent of the borrowers had never before received a loan through Square Capital.
PYMNTS
JUNE 27, 2019
At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. Localizing Capital.
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PYMNTS
DECEMBER 11, 2018
Big plans generally required big investments — which is why the best-known startup firms in the world have big names in business and venture capital standing behind them with their big checkbooks as backers. Unfortunately, access to capital is a primary factor limiting growth in the small business sector.”
PYMNTS
MARCH 26, 2020
As more government entities introduce measures to aid SMBs, banks and FinTechs have launched their own programs this week to accelerate access to much-needed capital for their SMB customers. have launched new crowdfunding programs to support SMBs’ need for capital. Below is a roundup of some of the most recently announced measures.
PYMNTS
NOVEMBER 26, 2019
The new Workforce Spend Playbook highlights the newest solutions helping SMBs to more effectively manage their capital, and focus on their expansion ambitions. These organizations face increased demand during the holidays — when they deliver food to communities in need. billion in value by 2025. Inside The Playbook.
Jeff For Banks
APRIL 30, 2022
Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. This was the conversation I had with a senior lender of a client at the Massachusetts Bankers' Association annual convention. But we have work to do.
PYMNTS
JUNE 17, 2016
Its continued appetite for fresh capital underscores its growing pains in China and India, where the company has a whole new level of regulatory challenges and faces a razor-sharp competition with local and other international players. The company is also facing challenges in the U.S., its most profitable market.
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