The Post and Courier October 6, 2020 By Jay Rodriguez A new study from the S.C. Small Business Chamber of Commerce shows new business licenses for Horry County are down 31 percent from April to July of this year compared to the same time last year. The state is equally…
Opinion: Building a Better Future
Jacksonville Free Press August 21, 2020 By Frank Knapp Jr. The stock market is at an all-time high and the Trump Administration is calling it a sign of a strong economic rebound. Wall Street investors are doing well but only 20% of Americans work for an S&P 500 company. Most…
Accessing capital. Another option.
There is one clear conclusion we can reach from the SBA’s PPP loan process. Financial institutions are not extremely interested in lending to all small businesses even when the loans are 100% guaranteed by the SBA. In the first round of the PPP loans, the private lenders (primarily banks) took…
“A Dozen Asks for Your Governor” to help small business
Michael Shuman is a long-time friend with a distinguished career of creative and insightful analysis of our economy that favors big business. He also is an economist, attorney, author, and entrepreneur, and a globally recognized expert on community economics. Michael’s “A Dozen Asks for You Governor” builds on this ideas…
SC SBA Lenders
Participating SBA Lenders Statewide Bank of America 800-432-1000 bankofamerica.com BB&T 888-228-6654 bbandt.com Citizens Bank 843-657-2001 thecitizensbank.com CresCom Bank 855-273-7266 haveanicebank.com First Citizens Bank 866-323-4732 firstcitizens.com Fifth Third Bank 866-671-5353 53.com South State Bank (800) 277-2175 southstatebank.com Synovus Bank 800-708-5687 synovus.com …
GUEST COLUMN: Solving small business crisis is focus of bills
Florence Morning News, November 12, 2019 Lexington County Chronicle, November 13, 2019 BY FRANK KNAPP JR. Guest Columnist When the Labor Department job numbers for October came out showing that 128,000 jobs were added nationwide last month, The New York Times headline was “Job Market Shows Resilience.” What the headline…
Oregon senator wants to give small businesses a tax break for hiring the first employee
USA Today November 6, 2019 By Rhonda Abrams Special to USA TODAY In my USA TODAY column in November 2009 – 10 years ago – I proposed a new idea: a tax credit for small businesses who hire their very first employee. Throughout the last decade, I’ve repeatedly advocated this “first…
Wyden Introduces Bill To Boose Capital Access For Small Businesses
Today, Senator Wyden introduced the Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success Act (the PROGRESS Act) on a bicameral basis with Rep. Judy Chu in the House. The PROGRESS Act creates two new tax incentives to unlock the growth potential of all small businesses, designed to…
Recent radio interviews on Protect Democracy USA and the Enhance Entrepreneurship for the 21st Century Act
On September 13th on WVOC in Columbia, SC, Frank Knapp talks about the Protect Democracy USA campaign to raise the voice of small businesses demanding that Congress and the President take immediate action to address foreign interference in the nation’s elections. Listen here. On September 25th on WRHI in Rock…
New York Takes Action to Protect Small Businesses Nationwide from Predatory Lenders
Bloomberg August 30, 2019 Cuomo Signs Bill Cracking Down on Small-Business-Loan Abuses By Zachary Mider Ban on out-of-state confessions of judgment has national scope Law will restrict use by unregulated cash-advance lenders New York Governor Andrew Cuomo signed a bill aimed at preventing predatory lenders from using the state’s court…