Small Businesses in Lower-income or Minority Neighborhoods are Less Likely to Receive loans than Businesses in Higher-Income or White Neighborhoods
New report focuses on small business lending landscapes in Detroit, Michigan and Richmond, Virginia
Businesses in low- and moderate-income or predominantly minority areas in Detroit, Michigan, and Richmond, Virginia, are less likely to receive small business loans than businesses in more affluent and more white neighborhoods in those metropolitan areas according to a report that Woodstock Institute released today. The report, “Patterns of Disparity: Small Business Lending in the Detroit and Richmond Regions,” examines bank lending to small businesses in those cities. It is the third in a four-part series of research reports examining small business access to bank loans in eight major metropolitan areas. The report finds:Read more
Auburn small business owner and Main Street Alliance member, Jason Miller, believes health care is “a basic human right.” He stood up for this value yesterday, at a joint press event between Main Street Alliance of Washington and partner organization WashingtonCAN.
FOR IMMEDIATE RELEASE
July 28, 2017
Contact: Angela Simaan, Communications Director
Small business owners nationwide applaud the 51 Senators who voted against repealing health care, with special thanks to Senators Collins, Murkowski, and McCainRead more
Main Street Alliance Small Business Owner Matt McColm Speaks at Empty-Chair Town Hall with Rep. Pramila Jayapal
Matt McColm, Main Street Alliance member and owner of Suzie Health Solutions in Wenatchee, spoke out at an empty chair town hall in Washington’s 8th congressional district this past Saturday. Sharing his perspective as an insurance producer and as someone with a pre-existing condition, Matt talked about the importance of protecting the Affordable Care Act, and solutions for better health care.Read more
The latest iteration of the Republican’s Senate bill for repealing and replacing the ACA includes a proposal designed to attract the support of more Republican Senators who have stood in opposition to the first version. The Cruz-Lee amendment would allow insurers to sell off cheap insurance plans that fall short of providing the essential benefits required by the ACA, just as long as the insurance companies offer at least one plan that meets the ACA requirements.Read more
The Main Street Alliance is celebrating a significant victory for small business and working families in Washington state. After deep bipartisan negotiations, Paid Family and Medical Leave was signed into law last week in Olympia, making Washington the fifth state in the nation to provide this benefits to all workers!Read more
Setting up an anonymous company in the US is easy, with little paperwork and even fewer questions. These shell companies do no real business, but are often used for corrupt and criminal purposes; purposes that hurt small businesses in a number of ways. Now, Congressional lawmakers from both sides of the aisle are working together to put a stop to anonymous shell companies.
Main Street Alliance business leaders join the bipartisan call to end anonymous shell companies.