Fundbox, a leading embedded capital platform for SMBs, announced a new credit facility with Cross River, a technology infrastructure provider that offers embedded financial solutions, and Waterfall Asset Management, a global alternative investment advisor.

Nav has added a new “credit health experience” to its financial health platform for small businesses. The new Nav Credit Health helps small business owners understand their business and personal credit, learn how to improve them, and see how they can use both their current and future position to access funding, the company said in a Wednesday (April 10) press release. “Our new credit health experience uniquely positions us to assist businesses in not only understanding and enhancing their business credit but also in confidently leveraging their credit health for new growth strategies and funding, all in one place,” Neha Komma, vice president of product at Nav, said in the release

Small and medium-sized businesses (SMBs) and their owners are the backbone of local economies worldwide. And they haven’t had it easy, not recently. That’s because they have to big needs: streamlined access to capital to expand their businesses and keep the lights on, and the real-time market intelligence and data to help them make the right decisions and inform their strategic planning. And with Hello Alice, announcing a new funding round to help propel its mission of connecting small businesses to capital, alternative SMB financing solutions powered by cutting edge innovations are now increasingly top of mind. “AI [artificial intelligence] … is helping us move faster with data sets to get capital to small businesses,” Hello Alice Co-Founder and President Elizabeth Gore told PYMNTS in an interview published Thursday (April 4), adding that there are “more small businesses launching in America than at any time in [Hello Alice’s] history.”