Job Creators Network Commends Ranking Member Luetkemeyer for Introducing Legislation to Protect Small Business Access to Credit

Press ReleaseNovember 19, 2021

Washington, DC (November 19, 2021) – Alfredo Ortiz, president and CEO of the Job Creators Network, released the following statement in response to Rep. Blaine Luetkemeyer introducing legislation to prohibit the Small Business Association from direct lending in the 7(a) Loan Program:

“Ranking Member Luetkemeyer continues to defend small businesses from the war on small businesses being waged by President Biden and Congressional Democrats. His legislation to prohibit the Small Business Association from direct lending in the 7(a) Loan Program will protect small business access to credit when it’s needed most. Democrats want a government takeover of small business loans and will use the SBA as a vehicle to achieve this goal unless stopped. Rep. Luetkemeyer’s legislation will ensure continued access to credit from efficient and fast-moving private-sector lenders whom small businesses depend on for their loans. As small businesses bring the economy back from the pandemic-induced recession, robust access to these longstanding credit sources is vital. On behalf of American small business owners, JCN commends Rep. Luetkemeyer from protecting this lifeblood of the small business economy.”