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LinqPal Launches With Supply Chain Payment Platform For Construction

Construction industry payment and financing platform LinqPal has officially launched, connecting developers and contractors with construction supply vendors, according to a Thursday (Jan. 28) announcement. “For a long time, [small- to medium-sized businesses (SMBs)] in the construction industry have been neglected by banks and financial institutions,” CEO Yaser Masoudnia said in the announcement. “We founded LinqPal to change...

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UK To Require Companies To Pay Small Businesses In 30 Days

The U.K. government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times (FT). The effort is intended to relieve pressure on small- to medium-sized businesses (SMBs) facing cash flow troubles because of the ongoing pandemic. On Tuesday (Jan. 19), the government is planning to strengthen the Prompt Payment Code, which is currently only voluntary, to make it so that 95...

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Lightspeed Rolls Out Vendor Network For SMBs

Montreal-based omnichannel commerce platform provider Lightspeed has unveiled the “initial availability” of the Lightspeed Supplier Network for merchants in North America. Merchants in the pet, jewelry, outdoor sport and bike sectors will be able to access the network at first, according to a Tuesday (Jan. 12) announcement. “This new tool enables independent businesses to discover new products, more easily sell online and make...