On April 29th, a coalition of 11 associations that represent California’s small businesses sent a letter to Senator Dianne Feinstein seeking a $2 billion infusion in a reauthorized SSBCI Program that would provide immediate access to capital for small businesses and nonprofits that are hard hit by loss of revenue due to COVID-19. The Association of Financial Development Corporations, which includes Small Business Development Corporation of Orange County recognizes the renewal of the Small Business Access to Capital Act of 2020 (S. 3551) would provide immediate access to capital for small businesses that desperately need it.

Visit the Council of Development Finance Agencies where you will find links and resources to learn more, send support letters, and show your support to help pass S. 3551, the Small Business Access to Capital Act of 2020.