News

News

Small Business Confidence

Small business confidence dipped during May, reports Reuters.

U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on Tuesday, which also showed demand for labor remained strong despite rising interest rates and tighter financial conditions.

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Small Businesses Facing Poor Customer Service

Small businesses are still receiving bad customer service from their supplier, reports Yahoo Finance.

Eight in 10 small businesses have said they are facing a “cost-of-working crisis” due to poor customer service from suppliers, according to a survey.

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Brex Drops Small Business

According to CNBC, small business lender Brex is exiting the small business market.

Brex, the Silicon Valley lender to start-ups, is dropping tens of thousands of small business customers to focus on bigger venture-backed clients, according to co-founder Henrique Dubugras.

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