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Connecting B2B SMBs To Financing When Traditional Lenders Pull Back

PYMNTS

For small- and medium-sized businesses in B2B industries like construction and manufacturing, the need for alternative funding products like asset-based loans and factoring could see an increase amid supply chain disruptions and B2B payment delays.

B2B 52
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Sage Automates Construction Finance Benchmarking

PYMNTS

Business management technology provider Sage is rolling out a new solution designed to help construction firms track the health of company finances and compare performance against industry peers. “This offering is our latest commitment to helping construction firms improve their financial health.” In the U.S.,

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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Research Brings Little Hope For Faster B2B Payments In Construction

PYMNTS

Recent research from Concur , released last week, found four in 10 businesses struggle with late B2B payments, and, contrary to popular belief, the problem isn’t plaguing only small businesses (SMBs). Overall, nearly three-quarters of companies said they were negatively impacted by delayed and late B2B payments. construction.

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The B2B Payments Fraud Threat Of Internal Employees

PYMNTS

As Travelex works to regain control of its systems, restore operations and mitigate any future fallout from the incident, the cyberattack is yet another reminder that one company’s cyber vulnerabilities can have far-reaching effects throughout the B2B supply chain. Reports said the former finance director allegedly stole $1.5

B2B 89
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Asset-Based Finance Finds Growth With Balance Sheet Strength

PYMNTS

Decades ago, asset-based finance developed a nasty reputation. As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available. ABL Flexibility.

Finance 102
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Navigating The Increasingly Murky Waters Of Trade Finance

PYMNTS

Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 Trade finance remains an essential tool for cross-border B2B trade, and with an estimated $1.5 However, the trade finance arena is not without its controversies and concerns. “We’re talking about $1.5

Finance 56