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Small businesses have none of these advantages. They can't stockpile because they lack warehouse space and capital. They can't negotiate better terms because they lack volume. And they can't tap credit markets easily because banks demand multi-year business plans for credit approval, but trade policies change weekly. So they end up taking whatever financing they can get, even at 32% interest. Even if it means mortgaging their home. Because the alternative is shutting down.

They signal a clear thesis: Intuit is doubling down on owning more of the financial lifecycle, especially for small to midsize businesses (SMBs), where it already holds a strong foothold with QuickBooks

It provides Rapid Finance's business line of credit clients with a Mastercard that is linked to their line of credit.

the U.S. Senate failed to override President Biden's veto of a bill intended to overturn the Consumer Financial Protection Bureau's...

In a move that could prove pivotal for America's small business landscape, the U.S. Small Business Administration (SBA) is establishing...

Watch the replay of our live podcast with our guest Kate Fisher, Partner at Hudson Cook LLP.

...as being a business finance company that leads with its technology and professes its integrity.