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SMALL-BUSINESS OWNER OPTIMISM DIPS BUT STILL STRONG

Gallup News | February 06, 2020

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Small-business owners' business optimism has softened slightly but continues to be strong. The latest quarterly Wells Fargo/Gallup Small Business Index is 132, down from +142 in Q4, 2019, but similar to the +136 in Q3 and +129 recorded in Q2. The index is a measure of owners' present and future optimism -- both of which saw modest declines in the Jan. 3-10 survey. The Small Business Index measures small-business owners' attitudes about a wide variety of factors affecting their busine...

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FINTECHS HELP BANKS EASE THE PPP LENDING PAIN

PYMNTS.com | April 08, 2020

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Small businesses overwhelmed U.S. financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 billion in applications. It was a shaky ...

Read More

SMALL BUSINESS TRENDS

VOXOX AND EXIS PARTNER TO EMPOWER SMALL BUSINESSES IN MEXICO

VOXOX | September 15, 2021

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VOXOX, a 5G-enabled AI cloud communications company, today announced its partnership with EXIS Telecom in Mexico to bring forth EXIS Niufon, their newly launched MVNO with comprehensive value-added solutions provided by Valor Agregado Digital, S. A. de C.V. (VADSA). The partnership with VOXOX enables EXIS to offer small and medium-size businesses access to big business communication solutions that were previously reserved for large corporations. These features will include business phone ...

Read More

90% OF SMALL BUSINESSES PREPARE FOR ECONOMIC DOWNTURN – BUT REMAIN OPTIMISTIC

Small Business Trends | February 13, 2020

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Most small businesses (90%) have taken steps to prepare their businesses for an economic downturn. Despite this, many believe the climate remains predominantly favorable. And more than half (57%) admit to feeling better about the state of the US economy compared to a year ago. The statistics come from the 2020 Hiscox Small Business Owner Risk Outlook. The report reflects data compiled by the leading small business insurer, Hiscox. The research surveyed 1,000 small business owners in the United S...

Read More
news image

SMALL-BUSINESS OWNER OPTIMISM DIPS BUT STILL STRONG

Gallup News | February 06, 2020

Small-business owners' business optimism has softened slightly but continues to be strong. The latest quarterly Wells Fargo/Gallup Small Business Index is 132, down from +142 in Q4, 2019, but similar to the +136 in Q3 and +129 recorded in Q2. The index is a measure of owners' present and future optimism -- both of which saw modest declines in the Jan. 3-10 survey. The Small Business Index measures small-business owners' attitudes about a wide variety of factors affecting their busine...

Read More
news image

FINTECHS HELP BANKS EASE THE PPP LENDING PAIN

PYMNTS.com | April 08, 2020

Small businesses overwhelmed U.S. financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 billion in applications. It was a shaky ...

Read More
news image

SMALL BUSINESS TRENDS

VOXOX AND EXIS PARTNER TO EMPOWER SMALL BUSINESSES IN MEXICO

VOXOX | September 15, 2021

VOXOX, a 5G-enabled AI cloud communications company, today announced its partnership with EXIS Telecom in Mexico to bring forth EXIS Niufon, their newly launched MVNO with comprehensive value-added solutions provided by Valor Agregado Digital, S. A. de C.V. (VADSA). The partnership with VOXOX enables EXIS to offer small and medium-size businesses access to big business communication solutions that were previously reserved for large corporations. These features will include business phone ...

Read More
news image

90% OF SMALL BUSINESSES PREPARE FOR ECONOMIC DOWNTURN – BUT REMAIN OPTIMISTIC

Small Business Trends | February 13, 2020

Most small businesses (90%) have taken steps to prepare their businesses for an economic downturn. Despite this, many believe the climate remains predominantly favorable. And more than half (57%) admit to feeling better about the state of the US economy compared to a year ago. The statistics come from the 2020 Hiscox Small Business Owner Risk Outlook. The report reflects data compiled by the leading small business insurer, Hiscox. The research surveyed 1,000 small business owners in the United S...

Read More