Small Business Majority submits written testimony on the importance of expanding access to capital for entrepreneurs and small businesses

On February 21, Small Business Majority submitted a Statement for the Record in response to a recent U.S. House Committee on Small Business hearing titled “Driving Economic Growth: SBA Lending Programs and the Vital Role of Community Banks.” The statement emphasizes the need to protect Section 1071 of the Dodd-Frank Act to enhance transparency in small business lending, expand access to small-dollar loans, and support the ongoing implementation of the State Small Business Credit Initiative (SSBCI).