Entrepreneurship

Veteran food truck owner turns to quick financing to stay afloat during the pandemic

When federal funding programs don’t work for the small businesses they were designed to support, owners may be forced to seek out much riskier avenues to capital in order to keep their doors open. Unfortunately Chef Frisco Thumbtzen in South Carolina is one such example. 

After his military service left him with disabled veteran status, Chef Frisco turned to entrepreneurship. In the military, he worked as a limousine driver and when he was discharged, he was given his own vehicle so he could start up his own transportation business. 

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California business owner struggles to stay afloat after being targeted by predatory lenders

More than a year and a half into the pandemic, many small businesses are unsure if they will be able to recover after fighting to stay above water and accruing crippling debt. Small business owners of color, women and immigrants have been disproportionately impacted by the pandemic as they’ve faced barriers to accessing federal relief programs and traditional lending. Small business owner Daysi Del Rosario Rivas Peralta is one example.

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Latino business owner expands his social enterprise to increase access to nutritional meals

Owning a small business can be challenging if you don’t have access to resources and tools to help you understand and manage the operational side of your business. For Javier Haro, this came at a high cost when his short debut as a restaurant owner came to a screeching halt after shutting down his business when the 2009 economic downturn hit the market.

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Small Business Majority provides testimony in support of IL CRA

On October 18, 2021, Midwest Region Director Geri Aglipay testified before the Illinois Department of Financial and Professional Regulation in support of the Illinois Community Reinvestment Act (IL CRA). This legislation will combat ageism in lending and uplift entrepreneurs of color and women entrepreneurs. 

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Protect small business borrowers by ensuring transparent and fair lending practices

Currently the federal Truth in Lending Act (TILA) requires that consumer creditors disclose critical financing information, including annual percentage rate (APR), in a clear and comparable format. However, Congress has yet to extend these disclosure requirements to small business loans and other credit products, which means small businesses are vulnerable to irresponsible lenders. As small businesses recover from the pandemic, it should go without saying that transparent lending shouldn’t be up for debate.

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Small businesses support COVID-19 vaccine requirements amid setbacks from the Delta variant

Publisher: 
Small Business Majority
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Date: 
Wednesday, September 22, 2021

The federal government is implementing a series of new COVID-19 vaccination requirements to mitigate the impacts of the recent surge in COVID-19 cases. A new Small Business Majority opinion poll reveals that a majority of small businesses with employees are supportive of vaccination requirements at places of business, while many have already implemented vaccine policies on their own.

Panel of experts share best resources for Hispanic and Latino small business owners

From September 15 to October 15, we celebrate National Hispanic Heritage Month by sharing resources for Hispanic and Latino small business owners. This year, we asked Small Business Majority network member Jaqueline Vrba and National Latino Outreach Manager Latavia Pineda about their work with the Hispanic community and their favorite resources.

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Former federal employee helps minority-owned small businesses access funding

Tax expert Talibah Bayles started her career in a big way, working for the FBI in Washington, D.C, but in 2006 she decided to move back to her hometown of Birmingham, Ala. and launch her own business so she could focus on taking care of her young family. While Birmingham is a much smaller city, Talibah was determined to make a big impact on her community. 

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California small businesses support statewide COVID-19 vaccine and testing requirement

Publisher: 
Small Business Majority
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Date: 
Tuesday, August 31, 2021

California lawmakers are weighing a proposal to require proof of COVID-19 vaccination or a negative test for customers at consumer-facing businesses and to similarly require employers to mandate vaccinations or negative COVID-19 tests for employees. New opinion polling from Small Business Majority reveals that small businesses in California are supportive of proposals to mandate vaccinations and testing at places of business to help ensure local economies can operate safely, amid setbacks from the current surge in COVID-19 cases.

Meet our Outreach Team: Josaline Cuesta

Small Business Majority’s Outreach Team advocates for entrepreneurs on two fronts: It supports policies that would benefit small firms, and it offers workshops and events that help small business owners grow their companies. We have found this work to be even more important during this global health and economic crisis. 

This week we are spotlighting Josaline Cuesta, Small Business Majority’s Senior California Program Manager and Southern California Outreach Manager.

Q: Could you tell us about your position at Small Business Majority?

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