On January 28, the Oregon Small Business Council and our friends at the Main Street Alliance released the findings of our Main Street Policy Pulse survey of small business owners.

The survey found strong support among small business owners for comprehensive financial reform and the creation of a Consumer Financial Protection Agency.

Now we have developed this infographic to better display the results of the survey.

The Oregon Small Business Council held a news conference Thursday morning to unveil the results of a survey of small business owners about financial reform. The survey, conducted in Oregon by OSBC and elsewhere by the nationwide Main Street Alliance, expresses the opinions of small business owners that reforming Wall Street is necessary and that the creation of a Consumer Financial Protection Agency will protect small businesses from unfair lending and financing practices.

The conference featured Deborah Field of Take Notice Card Company and Jim Houser of Hawthorne Auto Clinic, as well as a representative from Senator Jeff Merkley’s office.

Senator Merkley has emerged as a champion of financial reform and will continue fighting for comprehensive financial reform that works for Main Street, not Wall Street. His statement praised the report as reinforcing what he has heard from small business owners from across the nation.

The Oregon Small Business Council looks forward to partnering with Senator Merkley to pass a strong financial reform bill with a Consumer Financial Protection Agency this Congress.

View the report here.

View Oregon’s snapshot here.

The Oregon Small Business Council and our friends at the Main Street Alliance are in the final days of our nationwide survey on health care, financial reform and climate change.

If you are a small business owner, we would greatly appreciate your input. The survey is online here and only takes a few moments to complete. You will be helping to drive our federal policy agenda for the first quarter of 2010.

Please contact us if you have any questions about the survey.

Click here to complete the survey.

The Small Business Administration (SBA) will restart lending under the American Recovery and Reinvestment Act (ARRA) thanks to $125 million included in the U.S. Department of Defense appropriations bill signed into law on Saturday.

According to the SBA’s news release, the funding will support higher guarantees and lower rates for small business lending through February 28, 2010.

“This Administration and Congress recognize that these key programs were
successful in helping jump-start the economic recovery for America’s small
businesses,” said SBA Administrator Karen Mills. “The increased guarantee and reduced fees on SBA loans helped put more than $16.5 billion in the hands of small business owners and brought more than 1,200 lenders back to SBA loan programs. The extension of these programs through February is important to continuing our path toward recovery and will mean thousands more small business owners have access to the credit they need.”

The Oregon Small Business Council praises this additional support of small businesses and will be supporting an expansion of SBA lending as part of broader financial reform in 2010.