Brown’s prior experience managing small and midsize businesses gave him a keen understanding of SMBs’ financing needs–insight he leveraged to ensure Rapid Finance’s offerings were designed to effectively fulfill those needs. What Galileo Does for Them: “When Rapid started looking at doing a...
Why does working capital matter? The main goal of any small- to medium-sized business (SMB) or large enterprise is to return money to its investors. When you think about it, it makes sense that investors pay attention to business owners who do more than just keep the lights and water on...
PayPal Working Capital offers SMBs a straightforward financing solution tailored to their unique needs. With its quick approvals and flexible structure, it empowers businesses like DADDYRICHRECORDS to seize growth opportunities and achieve milestones. And that’s important, given that SMBs lose out ...
On the low end, SaaS sold to small and midsize businesses (SMBs) on a high-touch model generally has an ACV of $6K to $15K, though this can range higher. The exact definition of an SMB varies heavily depending on who you ask; operationally, it is “any business with sufficient sophi...
There happens to be a lot of advantages to online businesses (aka, websites that make money).Payoneer’s 2024 survey of SMBs revealed that 36% of SMBs say the cost of doing business is a barrier, and 29% say securing capital is a barrier as well. A unique and growing solution is ...
Banks may be hesitant to provide loans, particularly if the business has limited collateral or a perceived higher risk profile. Accessing external capital from investors or securing government grants may also be competitive or restricted. Employees and management must carefully assess the financial ...
How much capital do you have to invest in inventory? If you’re working with limited startup funds, dropshipping can be a more economical route for launching your brand. How complex are your warehousing and fulfillment needs? If you offer recurring subscription shipments, corporate gifting servi...
How to keep your funds safe: Interview with Maxim Polyachencko, VP of Financial Crime Prevention Maxim Polyachenko, Payoneer’s VP of Financial Crime Prevention –– and one of the world’s leading experts on protecting customer finances –– looks at some of the practical ways SMBs can keep...
flow problems (the number one reasonwhy small businesses fail). Take a loan too early and you may not be able to make payments, jeopardizing your business credit. It’s not always clear whether or not you need a loan for your SMB, but here are some signs to start exploring your ...
to know was how to go from consistently profitable to star trader. Becoming a consistently profitable trader was a nice accomplishment for him, but not good enough for his ambition. And I might add, that no one joins SMB to become just a consistently profitable trader. We tell that to a...