AI Adoption Trails the Hiring Cuts Made in Its Name
In June, we looked at why most small businesses aren’t using AI yet. New research from Goldman Sachs shows this isn’t a small-business problem, or even an American one. AI adoption remains low worldwide, yet many large employers cut hiring anyway. Global...
Embedded Credit Is a Real Option. Know What You’re Trading.
The software you already use to run your business, your point-of-sale system (Toast, Square), your accounting platform (QuickBooks), your payment processor (PayPal, Stripe), may already be offering you embedded credit, financing built directly into the software...
Tariff refunds are landing. Here is what the data shows three months in.
This past April, tariff refunds became available to over 300,000 small business importers, opened by U.S. Customs and covering a $166 billion pool of IEEPA payments. Bank of America’s latest Small Business Checkpoint now gives us a first look at how the process...
Why Small Businesses Choose A Lender: What The Data Shows
An existing relationship is the single biggest reason small businesses choose a lender, cited by 48% of applicants in Federal Reserve survey data weighted across banks, credit unions, online lenders, finance companies, and CDFIs. Speed of decision and the odds of...