A Quote by Sam Graves
Congress can protect small businesses by providing effective oversight over SBA policies and make sure they take into account the needs of small businesses while also protecting taxpayer dollars. Congress also needs to make sure that new banking regulations do not make it more costly for community banks to lend to small businesses.
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We owe it to American taxpayers to make sure that contracts intended for small businesses go to small businesses.
One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.
Many small businesses rely on small financial institutions, like credit unions and community banks, to meet their capital requirements. Without them, these small businesses would have to close their doors.
We in Congress need to do everything possible to encourage and cultivate small businesses, so that they can expand and create jobs. Far too often, however, U.S. small businesses are impeded by government paperwork and bureaucratic red tape.
There are a lot of studies about small businesses and how they make a difference in their community and create a lot of jobs and values. So we need to focus on small businesses or entrepreneurs who want to start manufacturing or making things.
If you talk to anyone involved in business - forget banks and big business - talk to small businesses - do it yourself, don't ask me - they'll tell you it's crippling. Small-business formation is the lowest it has ever been in a recovery, and it's really for two reasons. One is regulations and the second is access to capital for people starting new businesses.
The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio.
Cash flow is a problem for a small and developing company, and the lack of it is the reason why many small businesses fail. Ensure that you have enough money in your bank account to make you able to carry out daily basic needs for your business.
The Paycheck Protection Program has been vital to helping our small businesses and workers weather the coronavirus pandemic. Yet this program has operated with little oversight, and we've seen Kansas small businesses owners struggle to access relief while large corporations with deep pockets have no problem.
What we have to do moving forward is to make sure that small businesses that account for most of the job growth in our economy are getting the kind of financing that they need.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
We should scrub all of our federal regulations to find responsible ways to make life easier to small businesses, i want to be a small business president.
When I talk about the ability for fintech to promote kind of economic growth and productive citizens coming in, using different data and being able to lend to small businesses, see those small businesses start to grow - of course, that means more money for their families, you know, the small-business owner families. They start to hire people.
Maryland needs someone in Congress who will fight to create jobs, stop out-of-control government spending and defend small businesses.
This is deeply disturbing. Congress provided loans to help businesses hurt by the Sept. 11 attacks, not to be used as an accounting gimmick to cover up this administration's failure to provide for small businesses.
In my view, this is not extremism on the left. This is what the American people support in poll after poll. Support the right to a job. Support living wages. Support real climate action. Support small community-based banks that make loans available to every day people and small businesses, not these too-big-to-fail banks that rip us off, that crash the economy at taxpayer expense. Support a public-option healthcare system, not Obamacare, which has been a boondoggle for insurance and pharmaceutical companies.
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