PYMNTS

FEBRUARY 6, 2019

Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. Consumer advocates and some small business customers are criticizing the company for the fees, saying they take advantage of customers.

Payroll 66

Payroll Commercial Card Federal Trade Commission Wire Transfer 66

CB Insights

NOVEMBER 2, 2017

Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more. ” Want the full expert post?

Caps 58

Caps P2P Payroll Small Business 58

PYMNTS

APRIL 29, 2020

Eligibility requirements were not specific, but the money made companies keep staffers on the payroll for two months if the firms sought to have the loans forgiven. Fiesta has a market cap in excess of $205 million. Restaurant Loans. The company received loans to indirect subsidiaries Texas Taco Cabana, LP, and Pollo Operations Inc.

Treasury 58

Treasury Returns Small Business Caps 58

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

APRIL 3, 2020

The lifeline for the small businesses that make up the backbone of the U.S. times their average monthly payroll – to a maximum of $10 million. A look at the application itself offers the calculation: average monthly payroll, multiplied by 2.5, Small Business Administration (SBA).

Small Business 56

Small Business Payroll Treasury Caps 56

PYMNTS

APRIL 10, 2020

In addition, the Fed said it would offer financing to banks that seek to get funding to smaller businesses as part of the Small Business Administration’s Paycheck Protection Program ( PPP ). The Fed’s program comes on top of the $2.2 The Fed’s program comes on top of the $2.2

Fed 82

Fed Federal Reserve Governance Government 82

PYMNTS

JULY 8, 2020

While Congress dedicated nearly $700 billion for the Small Business Administration’s Paycheck Protection Program, the Fed would not cap the program and increase the amount of resources available.

Fed 56

Fed Federal Reserve Participant Small Business 56

PYMNTS

SEPTEMBER 29, 2020

Under the revised plan, a second $1,200 check would be sent to most Americans, the $600 benefit for the unemployed would be reinstated through January and more cash would be available to fund Paycheck Protection Program ( PPP ) loans for the hardest-hit businesses and industries.

Returns 57

Returns Compromise Caps Payroll 57

PYMNTS

MARCH 19, 2018

Tax reform is likely to lead small businesses (SMBs) in the U.S. ranking Democrat on the Senate Finance Committee, released a report on the impact of tax reform on small businesses. to pay more for accounting services, according to new analysis from the Senate. Reports in Accounting Today said Senator Ron Wyden (D-Ore.),

Accounts 40

Accounts Small Business Laws Caps 40

The Finance Weekly

APRIL 13, 2024

Engineered to cater to small businesses and startups, Cube particularly enhances the financial agility of expanding firms and major enterprises. Starter: $29/month – Good for sole traders, new businesses, and the self-employed. Key Features Powerful reporting and KPIs. Streamline manual data.

Finance 130

Finance Multi-Currency Online and Mobile Banking Credit Cards 130

Stax

MAY 2, 2024

In an ideal world, every business would have enough cash flow to stay afloat in the short term and allow the owner to focus on long-term goals. But small business owners know this isn’t always the case. MCA rules are slightly different from traditional small business loans. How Does a Merchant Cash Advance Work?

Credit Cards 88

Credit Cards Small Business Finance Accounts 88

PYMNTS

APRIL 7, 2020

You could say that Friday’s (April 3) rollout of the $350 billion small business relief Paycheck Protection Program (PPP), part of the $2 trillion CARES Act stimulus package, went less than smoothly when it started. It was a day filled with a lot of complaints. banking system which used to processing and distributing those funds.

Payroll 57

Payroll Push-to-Card Rules Credit Cards 57

PYMNTS

MARCH 30, 2020

For most small businesses, the dawn of the new decade was filled with optimism for their futures. times their average annual monthly compensation — for all employees and independent contractors on the payroll earning less than $100,000 a year — up to a cap.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JULY 28, 2020

Co-authored by Senate Small Business Committee Chair Sen. Susan Collins (R-Maine), the GOP bill calls for altering the PPP to make it more relevant for truly small businesses whose revenues have been significantly diminished by the pandemic. Marco Rubio (R-Fla.) SMB Aid Should Help Genuine SMBs.

Small Business 56

Small Business Rules Governance Government 56

Nanonets

SEPTEMBER 8, 2023

First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes. This payment method is widely used to directly settle payroll, bills, and business-to-business payments.

Wire Transfer 52

Wire Transfer Wire Wires ACH 52

Fintech Labs Insights

APRIL 12, 2022

Running a small business is hard. We’ve been on both sides of the table, 25 years running a small business, 5 years working in a bank, and 25 years advising banks on their digital retail banking and lending services. For much of that time, we’ve kept a list of digital features that small businesses can benefit from.

Small Business 15

Small Business Accounts Online and Mobile Banking Authentication 15

Fintech Labs Insights

JUNE 11, 2015

million in a private placement bringing their market cap to $8.6 million seed round for its charitable giving system that plugs right in to payroll and HR systems. Tags: Payments, enterprise, analytics, business intelligence. The total included five Finovate alums: Cachet Financial Solutions (public: CAFN) raised $4.4

Underwriting 28

Underwriting FinTech P2P Payroll 28

CB Insights

NOVEMBER 2, 2017

Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more.

Shutdown 28

Shutdown Wires Wire Caps 28

Nanonets

JANUARY 17, 2024

It's like the go-to gadget in your tech toolbox, seamlessly connecting over 5,000 apps to keep your business running smoother than a hot knife through butter. For small businesses, bootstrapped startups, or anyone counting pennies (because who isn’t?), But here's the kryptonite – the cost.

Payment APIs and Integration 52

Payment APIs and Integration Automation CRM API 52

Fintech Labs Insights

FEBRUARY 2, 2021

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll.

FinTech 15

FinTech NOV PayPal Caps 15

PYMNTS

NOVEMBER 23, 2016

and its businesses, especially when considering the presidential election. But the latest data from Moody’s and Experian suggests small businesses were resilient amid uncertainty. “However, in the coming months, we will have a clearer picture of the new administration’s policy agenda as it relates to business.

Small Business 53

Small Business Research Federal Reserve Economy 53

PYMNTS

MARCH 2, 2016

ZipBooks has stepped into that fray, announcing last week that it has launched a free accounting software suite for small businesses, with the software itself offering more than just data reconciliation and expanding to embrace invoice financing and credit card-based recurring billing, among other features. percent charged weekly.

B2B 40

B2B Federal Reserve Credit Cards On-Demand 40

PYMNTS

JANUARY 11, 2021

Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business Administration has begun accepting applications for forgivable loans aimed at helping small and medium-sized businesses weather the storm caused by the coronavirus.

Payroll 60

Payroll Caps Adjustments Economy 60

PYMNTS

JANUARY 8, 2021

Businesses don’t have to pay the loans back if they use the money for eligible expenses. For example, firms must spend at least 60 percent of the money on payroll within no more than 24 weeks of getting loans. times their average monthly payroll costs, with a cap per employee of $100,000 a year.

Small Business 82

Small Business Rules Payroll Underserved 82

Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. These two giants in the small business accounting software space are equally adored in the business community.

Accounts 88

Accounts Payment APIs and Integration Online and Mobile Banking Payroll 88

PYMNTS

JUNE 10, 2020

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and the self-employed, according to a press release. Senate Committee on Small Business & Entrepreneurship, said in a statement. PPP has provided 4.5

Small Business 53

Small Business Payroll Economy Caps 53

PYMNTS

DECEMBER 28, 2020

One of the largest components of the now-signed second stimulus bill is $284 billion to support small business through a rebooted and revised Paycheck Protection Program (PPP) lending program that will tighten qualification requirements but loosen taxation and eligible expense rules. times their average monthly payroll.

Rules 73

Rules Payroll Caps Small Business 73