CloudBusiness talks SMBs’ eCommerce opportunity, FLEETCOR acquires global payments firm AFEX, and Next Insurance pursues $2.25 billion valuation
| | | | BUSINESS-TO-BUSINESS EDITION | | Asset-Based Finance Finds Growth With Balance Sheet Strength The asset-based financing market has developed a negative reputation over the years, but technology that has lowered the cost of capital means asset-based loans are no longer a last-resort solution to cash flow lumpiness. Cadence Business Finance's Norb Schmidt tells PYMNTS how the pandemic has created solid ground for mid-market firms with strong balance sheets to turn to ABF first. |
| Late Supplier Payments Tied To Economic Ebbs And Flows Despite economic volatility, not every business is struggling. This week's Late B2B Payments roundup reflects the correlation between companies' financial positions and their supplier payments behavior. In France, officials fined one firm for late payments after it raised financial concerns. On the other end of the spectrum, another firm has announced accelerated supplier payments as it expects a strong fourth quarter. |
| | SMB Accounting | | Why The eCommerce Model Is More Accessible To SMBs Than They May Think Migrating sales online became a life raft for many small businesses, but for some firms â like hair salons â the eCommerce model may appear out of reach. CloudBusiness CEO Michael Astreiko explains why the digital sphere is more accessible than some SMBs may think, and why firms must be ready to change their bookkeeping strategies as they begin accepting payments online. |
| | |
| | Having trouble viewing this email? Please Click Here This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add [email protected] to your address book. |
|
This email was sent to [email protected] by PYMNTS.com
Instant removal with unsubscribe
PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108
