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Reuters | April 22, 2020
U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received coronavirus rescue money intended for small businesses could be investigated if it appears they did not really need the money. Mnuchin said on Fox Business Network it was “questionable” whether some larger companies qualified for the Paycheck Protection Program (PPP), based on a self-certification step in the loan process. He said businesses need to look carefully at their applications to be sure ...
USA Today | April 30, 2020
Rafael Larios didn't expect Verizon to be a vital ingredient to the survival of his family's Los Angeles area restaurants. But since the two restaurants have been relying on deliveries due to the coronavirus pandemic, the family is striving to keep the business cooking. The most important thing needed? Cash. “We need to pay our bread guy, we need to pay our pastry guys, we need to catch up on payroll … and we get paid last,” says Larios, who has taken ove...
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GoDaddy | August 18, 2021
GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced the launch of new Pay Links and Virtual Terminal features within GoDaddy Payments, enabling small business owners to take online and remote payments without the requirement of a website or an online store. Small businesses without websites are often left out of ecommerce solutions, despite consumers' increasing preference for paying online. With Pay Links and Virtual Terminal, small businesses without a heavy web...
PYMNTS.com | March 30, 2020
Top technology conglomerates including Google, Amazon and Microsoft are being urged to allow their startup and small business customers to defer payments for cloud services, reports in TechCrunch said. According to the publication, the tech giants could help ease the cash flow crunch of their small business customers, who are facing unprecedented volatility due to the global coronavirus pandemic. As reports noted, cloud infrastructure is often a top expense for businesses, which are already hurt...
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