Greenwood Index-Journal March 23, 2021 By JAMES HICKS A South Carolina business advocacy group is calling for changes at the Small Business Administration. “SBA needs to have a bigger mission,” said Frank Knapp, president and CEO of the South Carolina Small Business Chamber of Commerce. His organization launched a nationwide campaign called Reform the SBA. […]
SC group calling for changes to the SBA Read More »
March 23, 2021 Listen to WRNN’s Dave Priest and Leanne Graham of Myrtle Beach, SC, discuss the Reform the SBA campaign with Frank Knapp of the SC Small Business Chamber of Commerce and coordinator of the campaign. Listen here: https://reformthesba.com/wrnn-myrtle-beach-interview-3-23-21/
Reform the SBA discussed on WRNN radio in Myrtle Beach-Listen Read More »
PRESS RELEASE Contact: Frank Knapp Jr. 803-600-6874 fknapp@scsbc.org Policy recommendation: More of the same Columbia, SC, March 23, 2021—The number of commercial banks has decreased 68% since 1980. Only 4,600 banks exist today because “many smaller sized banks have disappeared during this period, via mergers or failures” according to a report released this month by
Number of banks shrink by 68%, small business loans suffer Read More »
THURS. 1/14/21, 4P.M. EST Chase for Business and Advancing Black Pathways have come together to offer Advancing Black Entrepreneurs — a collection of practical resources tailored to help Black business owners grow and scale their business. In partnership with Black Enterprise, the National Urban League, the U.S. Black Chambers and the National Minority Supplier Development
THE POWER OF CAPITAL: HOW TO FUEL THE GROWTH OF YOUR BUSINESS Read More »
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 care of their commercial customers
Accessing capital. Another option. Read More »
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 system to seize the assets
New York Takes Action to Protect Small Businesses Nationwide from Predatory Lenders Read More »
ABC NewsAugust 24, 2013 By ODYSSEAS PAPADIMITRIOU, CEO of CardHub > When Rep. Nita Lowey, D-N.Y., introduced the Small Business Credit Card Act of 2013 to Congress back in June, she was attempting to right a wrong that has persisted since the original CARD Act took effect in October 2010. The landmark law, which has increased
Small Business v. Personal Credit Cards: How They’re Different Read More »
Poll of 470 businesses with 10 employees or fewer shows they’re key drivers of our economy and looking to grow, however nearly six in 10 who need credit to do so say getting it is a serious problem Washington, DC, Oct. 9, 2012—A scientific opinion poll released today shows the majority of the country’s smallest
WEBINAR June 21, 2012 25% Discount for Small Business Chamber members In April, President Obama signed the Jumpstart Our Business Startups Act. A provision in the law establishing crowdfunding as a mechanism to spur start-ups has the potential to significantly help minority firms. A study conducted by the Commerce Department concluded that women- and minority-owned
Crowdfunding can provide new financing option for women and minority firms Read More »
If your feet felt cold this morning, it’s because Hell has frozen over. Last evening the U.S. House passed overwhelmingly (407-17) a piece of President Obama’s American Jobs Act. While the Senate Republicans yesterday blocked the transportation part of the jobs bill, House Republicans and Democrats solidly supported changing Security and Exchange Commission (SEC) regulations
Hope for bipartisanship and small business? Read More »
