Access to capital

Small Business Majority Supports Small Business Title in Budget Reconciliation Package

President and CEO of Small Business Majority, John Arensmeyer, submitted a letter of support for the provisions in the Small Business title of the Budget Reconciliation package. The provisions in the Small Business Committee title will make $25 billion worth of critical investments for small businesses on their road to recovery. Mr. Arensmeyer called on Congress to immediately pass these measures as part of the package.

 

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Submitted by Awesta Sarkash on Fri, 09/17/2021 - 13:19

Panel of experts share best resources for Hispanic and Latino small business owners

Posted: September 15, 2021

From September 15 to October 15, we celebrate National Hispanic Heritage Month by sharing resources for Hispanic and Latino small business owners. This year, we asked Small Business Majority network member Jaqueline Vrba and National Latino Outreach Manager Latavia Pineda about their work with the Hispanic community and their favorite resources.

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Former federal employee helps minority-owned small businesses access funding

Posted: September 9, 2021

Tax expert Talibah Bayles started her career in a big way, working for the FBI in Washington, D.C, but in 2006 she decided to move back to her hometown of Birmingham, Ala. and launch her own business so she could focus on taking care of her young family. While Birmingham is a much smaller city, Talibah was determined to make a big impact on her community. 

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Rural restaurant owner stays hopeful despite slow recovery from the pandemic

Posted: August 11, 2021

After working as a rescue specialist at a fire department in Mexico City for many years, Hector Chavez and his family moved to the United States so he could pursue certifications and advance his career. But 10 years later and out of opportunities to continue his passion, Hector decided to open Plaza Garibaldi, a Mexican restaurant in Soledad, Calif. 

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Small businesses support bold investments in child care and paid leave, share views on mask and vaccine requirements

Publisher: 
Small Business Majority
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Date: 
Tuesday, August 3, 2021

As Congress debates a bipartisan infrastructure plan and a larger $3.5 trillion investment in “human infrastructure,” Small Business Majority surveyed its network to understand their views on key issues being considered such as child care and paid family and medical leave. The survey also examined how small businesses are navigating mask and vaccination requirements, as an increase in coronavirus cases becomes a concern for employers and local economies.  

Restaurant Revitalization Fund helps keep the lights on for San Jose franchisee

Posted: June 9, 2021

When Shalini Khanna immigrated to Northern California, she found that the majority of jobs available to Indian immigrants were in tech and IT. Uninterested in sitting behind a desk all day, she knew entrepreneurship was for her. 

Unfortunately, she didn’t know many entrepreneurs she could turn to for advice and had no hands-on experience running a business despite having an MBA, so she decided to take the route of franchising. 

She says, “I didn’t have anything in the bank or any experience, but I knew I wanted to own my own business.”

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Survey: Smallest businesses face a looming rent crisis

Publisher: 
Small Business Majority
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Date: 
Thursday, May 20, 2021

Small businesses across the nation have been battered by the COVID-19 crisis, but the smallest businesses that typically have fewer resources than their larger peers have faced even greater setbacks. In order to better understand how the smallest and most vulnerable businesses have been impacted by the pandemic, a recent survey examines how they fared compared to their larger small business peers based on key indicators. The survey reveals that microbusinesses are facing particular financial challenges, and a commercial rent crisis may be on the horizon.

Small Business Majority Sends Recommendations to the U.S. Treasury Department

Today, John Arensmeyer submitted recommendations to the Treasury Department as it develops guidance for distributing funds for Technical Assistance activities related to the State Small Business Credit Initiative (SSBCI). Small Business Majority focuses on serving economically and socially disadvantaged small business owners, particularly smaller businesses that do not traditionally have access to the capital, trusted guidance, and mentorship that the SSBCI program has the ability to unlock.

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Submitted by Quintin Reed on Fri, 05/07/2021 - 06:40

Small Business Majority Sends Letter to the White House ahead of President's Address to Congress

As a leading representative of America’s 30 million small businesses, we offer the following recommendations on what small businesses are hoping to hear in President Biden's remarks when he addresses Congress on Wednesday, April 28.

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Submitted by Quintin Reed on Fri, 04/23/2021 - 09:57

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