MUFG launches RTP for corporates, Mitchell talks auto shops’ biggest chash flow hurdles, and MedMen acknowledges supplier payment delays
| | | | BUSINESS-TO-BUSINESS EDITION | | Small Firms Face The Downside Of Economic Growth A robust economy is undoubtedly positive for small businesses in the U.S. today, but there are downsides to a market climate that can fuel fast growth for an SMB. GMW Carolina President and Co-Founder Gregory Woloszczuk tells PYMNTS how economic growth can put pressure on SMBs in hiring, receivables management and access to capital, emphasizing the importance of investing in technology to help SMBs thrive. |
| B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding As experts urge small businesses and startups to pursue a variety of funding sources, venture capital remains a key component of B2B FinTechs' growth plans. This week hints at a big year for the industry as investors placed more than $1 billion in firms ranging from payroll to B2B payments to eProcurement providers. |
| | Cash Flow Management | | How Auto Collision Repair Shops Can Avoid A Cash Flow Wreck For auto collision repair centers, cash flow management complexities can be disastrous. With payments coming in from both insurance providers and vehicle owners, money going out to parts suppliers and a lack of standardization in labor rates, these small businesses can struggle to get a handle on finances. Mitchell Vice President Repair Industry Solutions Workflow Jack Rozint told PYMNTS about the importance of data integration in smoothing out the industryâs biggest cash flow bumps. |
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