Ohio state rep. champions small business

March 13, 2017

An Ohio politician recently spoke out in favor of small businesses.

Though the appointment of a new Small Business Administrator has raised some questions, it appears at least one official is confident about the near future of small business.

Rep. Steve Chabot (R-Ohio) recently spoke out in favor of supporting small businesses. His comments come after a meeting of the House Small Business Committee, which published a report regarding budget decisions that could impact small business owners. The committee gave the SBA multiple goals to follow, including cutting back on paperwork and enhancing the current programs the SBA offers.

Chabot, chairman of the committee, said that it and the SBA have similar goals and that the committee has previously worked to help the SBA's mission.

Local Ohio owners can try to seize on this federal-level fervor to make important changes in their own neighborhood.

"I am confident that the overwhelming, bipartisan consensus of the Small Business Committee on these priorities, along with the new leadership at the Small Business Administration and at the White House, America's 28 million small businesses will soon see their government step out of their way and allow them to do what they do best: create good jobs," Chabot said in a statement.

Another point made in the committee's views document involved the role of Women's Business Centers in promoting more entrepreneurial activity. The lawmakers recommended that these centers should especially focus on "underserved areas" and noted that they have changed to reflect the funding difficulties seen over time.

Growth Capital can help women business owners and others gain loans for small businesses that will help spur them on. Local Ohio owners can try to seize on this federal-level fervor to make important changes in their own neighborhood. The SBA 504 Loan program, in particular, can give companies with debt concerns the refinancing options they need, as well as assistance in beginning new projects. Contact us for details.