Ecommerce News_esp

Reuters | May 26, 2020

When the U.S. government first rolled out forgivable loans to small businesses in early April under the Paycheck Protection Program, loan officers at Bank of the West in Grapevine, Texas worked nights and weekends to process a tsunami of applications. But since those first few frantic weeks, demand has “just dried up,” said bank president Cindy Blankenship. On May 15 the bank stopped taking applications for PPP loans. Nationally the program remains active. But data from the Small Bus...

SMALL BUSINESS ADVICE

GoSite | May 27, 2021

GoSite, an all-in-one platform for small businesses selling services, today announced three top level hires - Bhavin Rawal, Randall Turner, and Gary Arnold - to further invest in supporting small business growth. The all-in-one, cloud-based platform and mobile app transforms the way small business owners run their businesses by making it easier for their customers to find, book, and pay for services online. "As GoSite looks toward its next phase of growth, we were searching f...

INDUSTRY OUTLOOK

Citi | January 12, 2022

Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking business in Mexico through its global Institutional Clients Group. Citi has operated in Mexico for more than a century and the country will remain among Citi’s top institutional markets outside of the U.S. Citi will continue to invest in and grow those institutional banking op...

SMALL BUSINESS TRENDS

Intuit QuickBooks | April 26, 2022

Intuit declares May as Small Business Success Month for the second consecutive year. The month will feature various activities, including a Town Hall with the United States Small Business Administration and the launch of a new celebration day on May 31: Small Business Hero Day. Alex Chriss, EVP and GM, Small Business & Self Employed Group at Intuit, said, “Every day, millions of small businesses across the U.S. serve their customers, strengthen their communities and play...