Access to capital

Small Business Majority Supports Human Infrastructure Plan

Today, CEO John Arensmeyer shared a letter with congressional leadership outlining key policy recommendations that must be included in the forthcoming human infrastructure package. These investments are critical because small businesses need more support to ensure a successful long-term recovery from the pandemic, and to promote a more resilient workforce and economy.

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The Agenda for Georgia’s Entrepreneurs

Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Georgia. The state’s 1 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.6 million residents—nearly half of all Georgia employees.

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The Agenda for Wisconsin’s Entrepreneurs

Small Business Majority’s policy agenda ensures that small business is at the center of a thriving and inclusive economy in Wisconsin and advances policies that promote equitable pathways for entrepreneurship. The state’s 461,000 small businesses employed 1.3 million people in 2021, and small businesses have historically driven job growth .  Yet, small businesses in Wisconsin continue to face setbacks from the COVID-19 crisis and struggle to access critical financing and resources.

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The Agenda for Illinois’ Entrepreneurs

Small Business Majority’s Illinois policy agenda ensures that small business is at the center of a thriving and inclusive economy and advance policies that promote equitable pathways for entrepreneurship, with a particular emphasis on addressing systemic racism and sexism that impede economic inclusion and harm businesses owned by people of color, women and other underserved owners. The state’s 1.2 million small businesses employ 2.5 million people (about 45% of the private workforce), with firms less than 20 employees creating the largest net job gains.

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Venturize: Get on the path to business success

Venturize is a free online resource hub for small business owners like you who need help accessing tools and resources to grow their businesses. Managed by Small Business Majority, Venturize offers unbiased education and resources about small business loans, retirement and healthcare to empower entrepreneurs to make the best financial decisions for their business. We also help small businesses get connected to trusted local providers that can help their enterprises grow. 

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Small Business Majority supports expansion of small business borrower protections

Small Business Majority writes in strong support of AB 2314, which would require any commercial financing products that leverage state funding—such as loan guarantee programs—to include several financing rights and protections for small business borrowers.

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Business Organizations Support Preserving SSBCI

Today, Small Business Majority and more than 50 small business organizations sent a letter to Congressional leaders underscoring the importance to preserve the $10 billion allocated to the State Small Business Credit Initiative program. As representatives of small businesses around the country, our organizations know firsthand that access to capital can determine the success of any small business and that is why we rise to show our support for preserving a program that is instrumental in helping small business owners access much-needed capital.

 

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Small Business Majority writes in support of California's FY22-23 budget proposals

On April 8, Small Business Majority submitted a letter to the Chairwoman and Vice Chairman of Budget & Fiscal Review Committee in support of Governor Newsom's proposed budget, which includes critical funding and measures to support small business recovery.

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Small Business Majority Opposes Rescinding Dollars from Small Business Programs

On April 6, Small Business Majority submitted a letter to congressional leaders opposing pay-fors for the Bipartisan COVID Supplemental Appropriations Act. The Act rescinds dollars from key programs, including $900 million from the Economic Injury Disaster Loan Advance and nearly $2 billion from the State Small Business Credit Initiative. Rescinding these dollars undercuts the trajectory of the small buisness ecosystem during a time when small business owners are still struggling to keep their doors open. 

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Atlanta business owner uses predatory experience to educate first-time entrepreneurs

As a business owner, not asking the right questions in the beginning stages of your business can lead to years of financial repercussions. Georgia entrepreneur Markela Taylor knows this well. 

Markela was happy at her nine-to-five job until a family emergency pulled her away from the office. After believing her job would be safe while she traveled to be with her family, she was surprised when she got an email saying her job was in jeopardy.  

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