GM, Ford introduce early payment discount programs, CIT Group on SMBs’ POS equipment financing opportunity, and American Express Canada adds new support for SMBs
| | | | BUSINESS-TO-BUSINESS EDITION | | Optimizing Contractor Payments And Productivity For A Flexible Workforce As corporates continue to face the reality of market uncertainty, contract workers may be an appealing alternative to permanent employees. But the risks of delayed compensation, overpayment and lackluster productivity make this hiring tactic a risky one. Management Controls Senior Vice President of Insights & Analytics Mark Rivers spoke with PYMNTS about the opportunity for data analytics to ensure the highest ROI on contractor talent. |
| B2B Payments, Financing Lead Week's FinTech Funding New B2B FinTech funding is on the way with UBS recently confirming plans to launch a venture fund with an eye on banking disruption. In the meantime, B2B investors continue to support the growth of the industry. This week's B2B Venture Capital roundup takes a look at the more than $48 million placed with startups that seek to connect businesses with capital and keep B2B payments flowing through supply chains. |
| | SMB Finance | | SMBs Explore Financing Options For Their Digital Transformations For small business owners facing a cash flow crunch that coincides with the urgent need to modernize, equipment financing can be an enticing option in a sea of financing products. Mike Jones, president of Business Capital at CIT Group, recently told PYMNTS about the opportunity to combine the equipment financing model with another financing tool typically reserved for consumers â and how this strategy can ease small businesses into their much-needed modernization efforts without breaking the bank. |
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