Access to capital

Grant funding for Latino entrepreneurs: Making an impact on the small business ecosystem

Posted: September 7, 2023

In 2022, Small Business Majority, in partnership with Support Latino Business and Modern Woodmen Fraternal Financial, awarded critical funding to three Latina business owners through their annual #SupportSmallBiz grant program. The grant program bridges the gap in small business funding for Hispanic and Latino businesses, which often face challenges and systemic barriers in getting the capital and resources they need to start, grow and expand their enterprises.

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Small Business Majority testifies in favor of continued APR disclosures for small businesses

Small Business Majority submitted testimony to the California Assembly Judiciary Committee in support of SB 33, which would protect SB 1235’s most critical protection: disclosure of the Annual Percentage Rate (APR).

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Submitted by Small Business Majority on Fri, 06/23/2023 - 07:09

Small Business Majority and nearly 40 organizations urge Congress to support Small Business Lending Disclosure Act

On June 15, Small Business Majority and nearly 40 organizations in the small business ecosystem sent a letter to policymakers urging them to support the Small Business Lending Disclosure Act. This legislation would provide small businesses with transparent lending terms that protects them from hidden fees and undisclosed APR rates.

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Submitted by Elena Ellingson-Cosenza on Wed, 06/14/2023 - 13:19

2024 Policy Priorities

: 2024 Policy Priorities

Executive summary

The Agenda for America’s Entrepreneurs sets forth policies that empower America's diverse entrepreneurs to build a thriving and equitable economy. Spanning across three key pillars that underpin our work, we advocate for policies that increase equitable access to capital, foster a sustainable workforce and promote a level playing field for entrepreneurs. If implemented these policies would ensure the growth of a robust small business ecosystem, reduce barriers and expand access to the American dream.  

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Submitted by sbm-admin on Tue, 05/23/2023 - 16:25

Small businesses share concerns with recent banking closures, access to capital challenges

Publisher: 
Small Business Majority
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Date: 
Wednesday, May 3, 2023

As recent banking closures like the Silicon Valley Bank collapse shake the financial system, Small Business Majority surveyed small business owners and decision-makers around the country to understand their concerns about banking and access to credit.

Small Business Majority testifies in support of Commercial Financing Disclosures in California

On March 29, Small Business Majority's California Policy Director Bianca Blomquist testified before the Senate Bank and Finance Committee on SB 33, legislation that could ensure small businesses continue to have the transparency they need when shopping for financing products. 

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Submitted by Mayra Ordonez on Wed, 03/29/2023 - 09:21

Illinois small business owners testifies in support of Truth in Lending Act protections

On March 28, Johnathon Bush, owner of Not Just Cookies provided testimony before the Illinois House Financial Institutions and Licensing Committee on HB 2234, legislation that would extend consumer protections for small business borrowers. 

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Submitted by Mayra Ordonez on Tue, 03/28/2023 - 13:46

Small Business Majority testifies in support of Truth in Lending Act protections for small businesses

On March 28, Small Business Majority's Illinois Director Tasha Brown testified before the Illinois House Financial Institutions and Licensing Committee on behalf of HB 2234, legislation that would enact critical protections for small business borrowers in Illinois.

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Submitted by Mayra Ordonez on Tue, 03/28/2023 - 12:52

Small Business Majority testifies in support of TILA protections for small business borrowers

On February 23, Small Business Majority's Public Policy Director Awesta Sarkash testified before the Connecticut Joint Committee on Banking in support of SB 1032, which would enact critical protections for small business borrowers in Connecticut that are falling prey to predatory lending practices.

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Submitted by Mayra Ordonez on Fri, 02/24/2023 - 07:33

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