Press Releases

Press Release Date:
Monday, July 8, 2019

In light of the challenge to the Affordable Care Act being heard tomorrow before the United States Court of Appeals for the Fifth Circuit, John Arensmeyer, Founder & CEO of Small Business Majority, is available to speak with media about why small businesses support the healthcare law

Small business and economic expert John Arensmeyer, Founder & CEO of Small Business Majority, is available to speak to media about the ways in which small employers have benefited from the Affordable Care Act (ACA). He is also available to discuss an amicus brief Small Business Majority filed in the case of Texas v. United States.

Topic(s):
Healthcare
Press Release Date:
Tuesday, June 25, 2019

Statement on behalf of the Responsible Business Lending Coalition, a network of for-profit and non-profit lenders, investors, and small business advocates, in response to the reintroduction of federal legislation that would protect small businesses from predatory loans

Congress took an important step toward protecting small businesses from predatory lending by introducing the Small Business Lending Fairness Act. This legislation, which is sponsored by Sens. Sherrod Brown (D-OH) and Marco Rubio (R-FL) in the Senate and Reps.

Topic(s):
Access to Capital
Press Release Date:
Friday, June 21, 2019

Statement by Small Business Majority Founder & CEO John Arensmeyer in response to the passage of a New York bill that would ban confessions of judgment for out-of-state loans

New York lawmakers took an important step toward protecting small firms from a predatory practice commonly found in small business lending products by voting to ban confessions of judgment in loans made to out-of-state firms. This step was essential in light of the fact that more than 32,000 confessions of judgment filed since 2012 reportedly resulted in the seizure of more than $1.5 billion in assets.

Topic(s):
Access to Capital
Press Release Date:
Friday, June 14, 2019

Statement by Mark Herbert, California Director for Small Business Majority, on provisions in California’s 2019-2020 budget that would benefit small businesses

California’s 2019-2020 budget includes funding for proposals to expand existing healthcare subsidies and implement new additional state subsidies, as well as expanding Medi-Cal, which is great news for small businesses because these proposals have the potential to reduce costs for small firms.  

Topic(s):
Entrepreneurship, Healthcare
Press Release Date:
Monday, June 3, 2019

Statement by Geraldine Sanchez Aglipay, Midwest Outreach Manager for Small Business Majority, on the most important developments for small businesses during the 2019 legislative session

Illinois’ 2019 legislative session produced some important victories for the state’s small businesses. Most importantly, lawmakers showed they are committed to helping keep quality, affordable healthcare available to small firms and the self-employed by approving a measure that would reform the state’s Medicaid program. These reforms would offer critical assistance to the low- and moderate- income entrepreneurs and small business employees  who rely on Medicaid.

Topic(s):
Family Medical Leave Insurance, Healthcare, Retirement Security
Press Release Date:
Wednesday, May 22, 2019

Platform offers educational resources and reliable loan options for small businesses

Chicago—Small Business Majority and Community Reinvestment Fund, USA (CRF), two organizations committed to helping business owners navigate the complicated world of small business lending, are proud to announce a new partnership to expand access to lending options for small firms in the Chicago area.

Small Business Majority and CRF partnered to integrate CRF’s existing loan-matching tool, Connect2Capital, into Venturize.org, Small Business Majority’s free online resource hub that provides unbiased information about small business lending and how to become loan-ready.

Topic(s):
Access to Capital
Press Release Date:
Thursday, May 16, 2019

Statement from Small Business Majority Founder & CEO John Arensmeyer on why today’s vote by the U.S. House of Representatives to stabilize the Affordable Care Act is good news for small firms: 

“We are encouraged by the U.S. House of Representatives taking steps to protect the Affordable Care Act (ACA) because America’s small businesses are concerned they may lose their access to quality, affordable healthcare. Entrepreneurs share this concern in light of the Trump administration’s repeated and relentless attempts to destroy our healthcare system because these attacks are costing small business owners money.

Topic(s):
Healthcare
Press Release Date:
Tuesday, May 14, 2019

With the U.S. House of Representatives expected to vote this week on a package of seven healthcare bills intended to stabilize the Affordable Care Act (ACA), small business owners around the country are available to discuss their support for this legislation as well as ways in which the ACA has benefitted their businesses.

Additionally, Small Business Majority Founder & CEO John Arensmeyer made the following statement on why the House action to stabilize the ACA is good for small firms: 

“We are relieved to see the U.S. House of Representatives taking action to protect the Affordable Care Act (ACA) so America’s small businesses can continue to have access to quality, affordable healthcare. This action is necessary in light of the Trump administration’s repeated and relentless attempts to destroy our healthcare system because these attacks are costing small business owners money.

Topic(s):
Healthcare
Press Release Date:
Thursday, May 9, 2019

Statement by Mark Herbert, California Director for Small Business Majority, on provisions in Gov. Newsom’s revised budget that would benefit small businesses

Gov. Newsom’s revised budget released today includes funding for proposals to expand existing healthcare subsidies and implement new additional state subsidies, as well as expanding Medi-Cal, which is great news for small businesses because these proposals have the potential to drastically reduce costs for small firms. 

Topic(s):
Family Medical Leave Insurance, Healthcare
Press Release Date:
Thursday, May 9, 2019

Bipartisan resolution articulates the six fundamental rights that all small business owners seeking financing deserve.

Washington, D.C.—The Responsible Business Lending Coalition (RBLC), a network of for-profit and non-profit lenders, brokers and small business advocates, applauds the leadership of Representatives Dean Phillips (D-MN), William Timmons (R-SC) and Nydia Velazquez (D-NY) in introducing a bipartisan Resolution in support of the Small Business Borrowers’ Bill of Rights.

Topic(s):
Access to Capital

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