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Small Business Trends
Biz2Credit | June 09, 2021
According to the latest release on June 08, 2021, by Biz2Credit Small Business Lending Index™, small business loan approval rates hiked slightly from 13.4% in April to 13.5% in May 2021 at big banks. However, small bank loan approval percentages climbed much higher from 18.2% in April, to 18.7% in May. “As more and more people are vaccinated from COVID-19 and ease in lockdowns, access to the favorable economic conditions loan approval by banks hiked to 0.3%,” sai...
Finance
OPay & Mastercard | May 19, 2022
Fintech giant OPay and Mastercard today announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa. The collaboration enables OPay consumers and merchants in the region - including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan, South Africa and the UAE - to engage with brands and businesses anywhere across the globe, t...
Small Business Advice
Globenewswire | May 23, 2023
Backblaze, Inc., the leading specialized storage cloud platform, recently shared news of a new disaster recovery service built on the B2 Cloud Storage: Continuity Centers’ Cloud Instant Business Recovery (Cloud IBR) which instantly recovers Veeam backups from from the Backblaze B2 Storage Cloud. Instant Business Recovery follows Backblaze’s Instant Recovery in Any Cloud, launched in May 2022. Building on the original Infrastructure as Code (IaC) package, Cloud IBR is...
Ocrolus | August 16, 2022
Ocrolus, the document and data analysis platform that helps financial services companies make high-quality decisions with trusted data, today announced it is working with Lendflow to quickly and accurately determine the viability of borrowers and provide critical access to capital. Lendflow, a leader in embedded SMB lending, is leveraging Ocrolus' document automation technology to analyze data from documents—such as bank statements, W-2s, and business tax returns—and provide crit...
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