Tag : small business

Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
Business Fintech News

Biz2Credit Study Shows PPP Had Large, But Short-Lived Effect on Small Business Survival

Fintech News Desk
by Fintech News Desk0
Small Business Economic Indicator Study Examined Cash Flow, Predicts Many Bankruptcies Possible without PPP2 Stimulus Biz2Credit’s new six-month analysis of COVID-19’s impact on small businesses found that government lending programs restored sufficient capital for businesses to weather the effects of the pandemic for a short period, but that many firms......
New GoCardless Report Unveils the Best U.S. States to Start a Small Business
Business Fintech News

New GoCardless Report Unveils the Best U.S. States to Start a Small Business

Fintech News Desk
by Fintech News Desk0
Wyoming, North Dakota, and Montana are ranked the best states to start a small business in the U.S. GoCardless, a leading fintech for recurring payments, today unveiled a new report on the current state of small businesses in the United States. The new report, “The Best States to Start a Small......
Orion First Launches New Customer Portal for Small Business Lenders
Business Fintech News

Orion First Launches New Customer Portal for Small Business Lenders

Fintech News Desk
by Fintech News Desk0
Orion First, a commercial loan and lease servicer, has released its latest product: a customer portal, enhancing the customer experience for borrowers. Read More: ACI Worldwide Selected by Entergy Services, LLC for Mobile Payment Options Orion’s new customer portal is a mobile-friendly website designed purely for the end user. With......
H&R Block Study Reveals Majority of Small Business Owners Need Personal Advice to Recover from Pandemic
Business Fintech News

H&R Block Study Reveals Majority of Small Business Owners Need Personal Advice to Recover from Pandemic

Fintech News Desk
by Fintech News Desk0
A majority of small business owners say in the wake of the pandemic, they need one-to-one business advice. This is just one of the main findings in the first of a four-part study, “Small Business Recovery Series,” by H&R Block (NYSE: HRB) tracking the trends of pandemic-related impacts, attitudes, and......
Square Register launched in the UK
Banking Business Fintech Investment Services News

Square, Inc. to Invest $100 Million in Minority and Underserved Communities

Fintech News Desk
by Fintech News Desk0
Square, announced that it intends to invest $100 million in support of minority and underserved communities, driven by the company’s purpose of economic empowerment and its ongoing commitment to racial equity. The investment constitutes three percent of Square’s cash and marketable securities as of the end of the second quarter......
Xero’s COVID-19 Reports Provide Unique Insights About Impact to Global Small Business
Business Economy Fintech News

Xero’s COVID-19 Reports Provide Unique Insights About Impact to Global Small Business

Fintech News Desk
by Fintech News Desk0
At peak impact,global small business revenues fell by 10 – 40% 43% of small business owners worried about their mental health Small businesses remain resilient despite impact Xero, the global small business platform, released two new reports highlighting the economic and emotional impact of the pandemic on small businesses across......
Wells Fargo Invests in Six Black-Owned Bank
Business Fintech News

Despite Continued Difficulties, Small Business Owner Optimism Continues to Grow in Latest Wells Fargo Survey

Fintech News Desk
by Fintech News Desk0
Q3 study highlights improved future outlook tempered by significant near term headwinds Small business owners have faced unprecedented challenges due to the pandemic and are in the midst of great uncertainty with the upcoming presidential election. However, the Q3 Wells Fargo/Gallup Small Business Index indicates there is a continued spirit of......
Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond
Economy Fintech News

Experian Enhances Its Economic Response and Recovery Suite to Help Lenders Navigate Market Volatility Due to COVID-19

Fintech News Desk
by Fintech News Desk0
The comprehensive suite enables lenders to assist consumers and small businesses As the financial services industry navigates the market volatility surrounding COVID-19, Experian has enhanced its offerings within its Economic Response and Recovery Suite to help lenders assess and swiftly respond to changing behaviors so they can support consumers and businesses.......
Banking Fintech News

First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office

Fintech News Desk
by Fintech News Desk0
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company.  According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
Earnin Partners with Harvard-Based Opportunity Insights to Help Policy Makers Understand the Economic Impact of COVID Crisis
Fintech News

Earnin Partners with Harvard-Based Opportunity Insights to Help Policy Makers Understand the Economic Impact of COVID Crisis

Fintech News Desk
by Fintech News Desk0
Earnin, the leader in innovative solutions to some of the world’s toughest financial problems, announced that it is partnering with Opportunity Insights to help launch a new economic tracker, which will provide a deeper understanding of the economic impact of the COVID-19 crisis. Opportunity Insights (OI) is a non-partisan, not-for-profit......
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