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If community prosperity matters to community lenders, are politicians in the US going to provide regulatory support to enable SMB's to survive and thrive? "78% of small business owners are concerned about their ability to access capital, and just 29% say they can currently afford to take out a loan, given current interest rates. And the issue, if it doesn't ease soon, could result in 21% of small businesses closing, 67% halting expansion plans and 85% altering their growth forecast" #smblending #creditunions https://lnkd.in/drMtxy4u

Goldman Sachs issues memo to 2024 campaigns warning of under-the-radar regulation harming small businesses

Goldman Sachs issues memo to 2024 campaigns warning of under-the-radar regulation harming small businesses

foxbusiness.com

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