Small Businesses

Pennsylvania American Water is offering flexible payment plans to over 300 businesses in Pennsylvania struggling with overdue balances. This initiative aims to support small to medium-sized enterprises facing financial challenges. The company has already enrolled over 100 commercial accounts in installment plans, with more than 300 currently active. The payment arrangements are tailored to each customer’s circumstances. The Pennsylvania Office of Small Business Advocate negotiated with Pennsylvania American Water to establish this program to help small business remain stable.

Liberis partners with Elavon (U.S. Bank subsidiary) to launch “Quick Capital,” a streamlined funding solution for U.S. small businesses. This unlocks capital access for over 275,000 Elavon merchants through a revenue-based financing program embedded within the Elavon merchant portal. Quick Capital aims to provide fast, flexible funding, leveraging Elavon’s data for quicker approvals and simplified applications. It addresses the increasing need for flexible financing due to recent revenue declines among small businesses.