Category: Small Business News
Small Business News
Senator Elizabeth Warren Announces Small Business Equity Fund Plan
by Fioney Staff
With two dozen candidates currently in the running for the Democratic party's 2020 presidential nomination, pundits have often ascribed certain qualities or lanes to those in the race. In the case of Senator Elizabeth Warren, she's been seen as the biggest policy wonk of the group, offering several detailed initiatives she would hope to make reality were she to win the highest office in the land. Staying true to form,... Small Business News
Square Announces Postmates, DoorDash Integration for POS System
by Fioney Staff
With the growing popularity of food delivery services like Uber Eats, Doordash, and others, some restaurants have found that managing orders has become complicated and requires multiple devices. Now Square is looking to solve that problem by allowing businesses to access multiple platforms in one place. This week the company announced that it was integrating order management for Postmates and Doordash into their Square for Restaurants POS system. In addition... Small Business News
Small Business Organizations Express Concern Over Latest Tariffs
by Fioney Staff
At a time when small business optimism remains at a historic high, a surprise shift in trade policy could start to threaten that. Last week President Trump announced that his administration would be placing a 5% tariff on all goods imported from Mexico starting June 10th. What's more, the White House's plan calls for that tariff to rise by five percentage points on July 1st, August 1st, September 1st, and... Small Business News
PayPal Reaches $10 Billion in Small Business Loans
by Fioney Staff
FinTech giant PayPal announced this week that its small business lending had reached a major milestone. In less than five years, the service has now funded more than $10 billion in small business loans. That figure also amounts to upwards of 225,000 businesses around the world receiving funds from the company. Speaking to Forbes, Paypal's vice president of global credit Darrell Esch explained the company's role in the market, saying,... Small Business News
Small Business Lender Biz2Credit Unveils SaaS Lending Platform for Banks
by Fioney Staff
Online small business lender Biz2Credit had some big news to share this week, announcing the launch of a new software as a service (SaaS) offering for banks. Dubbed Biz2X, the platform will allow institutions to improve their online lending experience for small business users. What's more, the Biz2Credit says such a solution has already been deployed by brands such as HSBC and Popular Bank — not to mention it's similar... Small Business News
Small Businesses Still Feeling Labor Crunch, Holding Back Expansion
by Fioney Staff
With the United States' jobless rate recently reaching a near 50-year low, small business owners are continuing to find that hiring isn't so simple. In fact a new study from SurveyMonkey and CNBC finds that 52% of owners say it's more difficult to find workers today than it was a year ago. As a result there are fears that some businesses might be holding back on expansions due to the... Small Business News
Mailchimp Introduces Marketing Platform for Small Businesses
by Fioney Staff
For two decades Mailchimp has gained popularity as a platform small businesses could use to manage email lists and send out updates to customers. Now, as PCMag reports, the company is expanding into a full-service marketing suite. The result could be a big deal for small business owners. In a blog post announcing the initiative, Mailchimp CEO Ben Chestnut explained, "For more than two years, we’ve been adding new features,...