Access to Capital

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  • House Passes 9 Bipartisan Small Business Bills
    Posted in Press Releases on September 25, 2018 | Preview rr
    Tags: Access to Capital, Oversight and Regulatory Reform, Contracting, International Trade, Technology

    WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the House passed nine bipartisan bills, ranging from legislation making it easier for small businesses to access capital to expanding contracting opportunities. “I am pleased the House passed these nine common-sense, bipartisan bills to help America’s 30 million small businesses and those they employ. These bills will ensure small businesses’ have access to capital, making it... Read more

  • ICYMI – Access to Capital Improves for Small Businesses
    Posted in In Case You Missed It on September 20, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – According to a recent report from the Pepperdine Graziadio Business School and Dun & Bradstreet Q3 2018 Private Capital Access Index, small businesses are finding it easier to acquire capital. More specifically, 53 percent of the small businesses surveyed said they were successful in securing a loan in the past three months. “Access to capital is critical for small businesses to start and grow their companies. This new report is yet more proof that the economic climate, due to fewer... Read more

  • ICYMI: More Women Entrepreneurs Optimistic About Their Business
    Posted in In Case You Missed It on September 12, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – According to a new study by Bank of America, women entrepreneurs are optimistic about their future. More specifically, 58 percent of women surveyed believe their revenues will increase next year, up from 44 percent last year. Meanwhile, more than half of women business owners plan to grow their company in the next five years, while 21 percent plan on hiring more workers. “Every week it seems there is a new survey showing that small business owners are optimistic about their company,... Read more

  • Small Business Owners Strongly Optimistic About Their Companies and Economy
    Posted in Press Releases on August 30, 2018 | Preview rr
    Tags: Tax Reform , Access to Capital

    WASHINGTON – According to the Q3 Metlife & U.S. Chamber of Commerce Small Business Index released this week, small business owners are optimistic about their companies as well as the small business environment overall. “This survey is great news, but not surprising. The strong economy added to the tax reform package and greater access to capital is creating an environment where small businesses can thrive. As their companies grow, small business owners are more optimistic about the future and we... Read more

  • Small Business Committee Offers to Partner with USDA Task Force on Rural America
    Posted in Press Releases on August 23, 2018 | Preview rr
    Tags: Access to Capital, Rural America

    WASHINGTON – Today, Chairman Steve Chabot (R-OH) and Subcommittee Chairmen Rod Blum (R-IA), and Dave Brat (R-VA) sent a letter to the Honorable Sonny Perdue, Secretary of the United States Department of Agriculture (USDA), urging USDA to utilize the Committee’s findings from previous hearings to help rural America increase access to capital, improve quality of life, advance rural workforce development, and progress technological innovation. “Ensuring the prosperity of rural America is vital to o... Read more

  • ICYMI: NDAA Becomes Law, Includes Small Business Provisions
    Posted in In Case You Missed It on August 22, 2018 | Preview rr
    Tags: Access to Capital, Contracting

    WASHINGTON – Recently, the President signed into law the John S. McCain National Defense Authorization Act (NDAA) for Fiscal Year 2019, which included several small business provisions. “Our nation demands a vital small business industrial base: it is fundamental to the health of our nation as a whole. I am grateful to the House Armed Services Committee for working with the Small Business Committee and I look forward to continuing that relationship to ensure that small businesses provide the Dep... Read more

  • SBC Examines How to Invest in Rural America
    Posted in Press Releases on July 24, 2018 | Preview rr
    Tags: Access to Capital, Rural America

    WASHINGTON – This week, the House Committee on Small Business Subcommittees on Economic Growth, Tax, and Capital Access and Agriculture, Energy, and Trade held a joint hearing to examine venture capital’s role in helping small businesses access capital and highlight success stories of organizations that provide resources to small businesses in rural America. “Access to capital continues to remain a top concern for American small businesses—nowhere more than rural America, which has been slower t... Read more

  • Chairman Chabot Speaks in Support of JOBS Act 3.0 and HALOS Act
    Posted in Press Releases on July 18, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot spoke on the House floor in support of the Jobs and Investors Confidence Act, which included legislation he introduced, the Helping Angels Lead Our Startups Act. The HALOS Act, which improves how investors and small businesses connect, passed the House in January of 2017. To watch the full video click below. Read more

  • SBC Kicks Off Amazon "Prime Day"
    Posted in Press Releases on July 17, 2018 | Preview rr
    Tags: Tax Reform , Access to Capital, Oversight and Regulatory Reform, International Trade

    WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) and Members of the Committee welcomed Amazon and several small businesses that sell on that platform to a roundtable discussion with Committee Members. “I thank Amazon and the businesses for their insight into how e-commerce has given these small businesses a platform to not only sell their goods, but sell their products around the world. It wasn’t surprising to me that small businesses make up more than half of A... Read more

  • President Signs Knight Bill To Ensure Small Businesses Have Access to Capital
    Posted in Press Releases on June 22, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – This week, the President signed H.R. 2333, the Small Business Investment Opportunity Act, introduced by Contracting and Workforce Subcommittee Chairman Steve Knight (R-CA), to increase the amount of leverage made available to small business investment companies (SBICs). “No doubt, access to capital remains one of the biggest obstacles for small business owners in growing their companies. Congressman Knight’s bill will allow small businesses to more easily get the financing they need... Read more