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News

American Express Now Offers Small Business Checking

American Express is now offering a small business checking account, reports Small Business Trends. 

The Business Checking account offers small businesses a secure, high-yield and low fee digital banking experience. It comes with an annual percentage yield (APY) of 1.1% on balances up to $500,000.

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Small Business Selling

The third quarter saw a rise in sales transactions for small businesses, reports Small Business Trends. 

The number of businesses being bought and sold continues to increase with the third quarter seeing a 17% rise in acquisitions from the previous quarter, according to BizBuySell’s latest Insight report.

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The Infrastructure Deal Helps Small Business

According to Inc., the infrastructure deal will help small businesses. 

President Biden on Saturday signed the $1 trillion infrastructure bill into law--paving the way for the single largest public works deal since the Federal Aid Highway Act of 1956. It's also the single largest investment made to address climate change in U.S. history.

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