Access to Capital

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  • Small Business Committee Weighs in on SBA FY2017 Budget
    Posted in Press Releases on February 4, 2016 | Preview rr
    Tags: Access to Capital, Contracting, Technology, Oversight

    WASHINGTON – The House Committee on Small Business approved its official views and estimates on the FY2017 budget for the Small Business Administration (SBA) today. While Committee Chairman Steve Chabot (R-OH) noted bipartisan support for key programs designed to help entrepreneurs, he stressed the need for swift action to correct serious management problems at the SBA related to IT security, access to capital and competition for federal contracts. “Federal taxpayers and American entrepreneurs m... Read more

  • Committee Continues SBA Management Probe with Access to Capital Offices
    Posted in Press Releases on January 12, 2016 | Preview rr
    Tags: Access to Capital, Oversight

    VIEW HEARING HERE WASHINGTON - House Committee on Small Business Chairman Steve Chabot (R-OH) continued the Committee's ongoing probe of management at the Small Business Administration (SBA) today with a hearing focused on the SBA's Access to Capital Offices. Today's panel examined the SBA's Office of Capital Access (OCA) and Office of Credit Risk Management (OCRM) and whether improvements within these Offices are necessary to ensure sufficient lender oversight and effectiveness in helping small... Read more

  • Huelskamp Named Economic Growth, Tax and Capital Access Subcommittee Chairman
    Posted in Press Releases on January 8, 2016 | Preview rr
    Tags: Taxes, Access to Capital

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) today announced that Rep. Tim Huelskamp (R-KS) will serve as Chairman of the Subcommittee on Economic Growth, Tax and Capital Access. “Congressman Huelskamp listens to his constituents first and foremost,” said Chairman Chabot. “That’s what small businesses need from their representatives in Washington, and that is what will make him a great leader for the Economic Growth, Tax and Capital Access Subcommittee.” Huelskamp s... Read more

  • Small Businesses on PATH to certainty
    Posted in Press Releases on December 17, 2015 | Preview rr
    Tags: Taxes, Access to Capital

    WASHINGTON—America’s small businesses took a huge step toward the tax certainty they need today when the House of Representatives passed the Protecting Americans from Tax Hikes (PATH) Act. The PATH Act contains several tax provisions that have long been major priorities for small businesses, including a permanent increase in Section 179 expensing, a permanent tax credit for research and development, and an extension of bonus depreciation—which allows businesses to depreciate certain equipment a... Read more

  • Chabot Pitches Small Biz Investment at SBIR Expo on Capitol Hill
    Posted in Press Releases on December 8, 2015 | Preview rr
    Tags: Access to Capital, Oversight

    WASHINGTON— Entrepreneurs from across the country showed Members of Congress and officials from the Small Business Administration firsthand how the Small Business Innovation Research (SBIR) program makes their work possible at a special event on Capitol Hill this morning. Small Business Committee Chairman Steve Chabot (R-OH), who was joined at the event by Ranking Member Nydia Velázquez (D-NY) and SBA Administrator Maria Contreras-Sweet, said: “In this era of globalization, making it easier for... Read more

  • Celebrating America's Entrepreneurs
    Posted in Press Releases on November 17, 2015 | Preview rr
    Tags: Taxes, Access to Capital, Regulatory Reform / Regulations

    Washington - The Small Business Committee today spotlighted the contribution of entrepreneurs to America’s economy during a full committee hearing on National Entrepreneurs’ Day. The Committee heard from a diverse panel of entrepreneurs on how they were able to achieve the American Dream, creating jobs and spurring economic growth in the process. The panel also testified about the challenges of entrepreneurship. “At a time when business deaths are outnumbering business births, it is vitally impo... Read more

  • Small Business Subcommittee Examines SBA Capital Access Programs
    Posted in Press Releases on May 19, 2015 | Preview rr
    Tags: Access to Capital

    Small Business Subcommittee Examines SBA Capital Access Programs WASHINGTON – Today, the Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing to examine one of the greatest impediments to growth for any small business: access to capital. The hearing included industry witnesses from several Small Business Administration programs, who each shared their thoughts on how they can improve their respective programs. After the hearing, Subcommittee Chairman Tom Rice (R-... Read more

  • Bridging the Small Business Capital Gap: Peer-to-Peer Lending
    Posted in Press Releases on May 13, 2015 | Preview rr
    Tags: Access to Capital

    Bridging the Small Business Capital Gap: Peer-to-Peer Lending WASHINGTON -- During today’s House Small Business Committee hearing, “Bridging the Small Business Capital Gap: Peer-to-Peer Lending” led by Chairman Steve Chabot (R-OH), members heard from peer-to-peer lending experts whose testimonies shed light on emerging lending techniques that could expand small business’ access to capital. “While access to capital has always been a concern for small firms, as we all know, the Great Recession an... Read more

  • Chabot Leads Bipartisan Effort to Expand Small Business Access to Capital
    Posted in Press Releases on February 24, 2015 | Preview rr
    Tags: Access to Capital

    Chabot Leads Bipartisan Effort to Expand Small Business Access to Capital WASHINGTON – A bipartisan group led by Small Business Committee Chairman Steve Chabot (R-OH) today introduced legislation to invigorate the Small Business Investment Company (SBIC) Program, allowing promising small businesses greater access to capital to grow their businesses and create jobs. “We have to build an opportunity economy that allows all Americans to get ahead,” said Chairman Chabot. “In my home state of Ohio, ... Read more

  • Graves Introduces Bill To Modernize SBA Loan Process
    Posted in Press Releases on September 18, 2014 | Preview rr
    Tags: Access to Capital

    House Small Business Committee Chairman Sam Graves (R-MO) today introduced legislation that will streamline and simplify the loan application process at the Small Business Administration (SBA) by requiring the agency to permit the use of e-signature and electronic records. The Small Business Loan Simplification Act of 2014 (HR 5599) would statutorily bring the SBA up-to-speed with technology already being used by private lenders and other federal agencies. Rep. Steve Chabot (R-OH), Rep. David Sc... Read more