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California Small Business Summit Offered New Resources to Local Entrepreneurs

In 2015, Kristine de la Cruz, owner of Crème Caramel LA and co-owner of Frankie Lucy Bakeshop in Los Angeles, traveled to Washington D.C., to participate in one of Small Business Majority’s policy-focused events. Four years later de la Cruz joined us again–a little closer to home–for the “California Small Business Summit: Building Local Economies” to learn how she can expand her businesses. She wasn’t disappointed.

Small Business Owners Support Policies Promoting Access to Responsible Lending

Recent scientific opinion polling found small business owners are broadly supportive of a range of policies that would support responsible lending. Specifically, the poll found 77% of small business owners support a policy that would lift a cap on credit union lending and an overwhelming 87% support a “truth in lending” act for small business loans to increase transparency, among support for other policies.