Press ReleaseMarch 4, 2024

Job Creators Network Supports Expanding Access to Capital Act

Alfredo Ortiz, CEO of Job Creators Network, released the following statement supporting H.R. 2799 – Expanding Access to Capital Act:

“H.R. 2799 expands access to capital for small businesses that have experienced a credit crunch in recent years as a result of rapidly rising interest rates. This relief is desperately needed as small businesses face a one-two punch of high inflation and high interest rates. According to JCN’s national poll of small business owners, high interest rates are one of their biggest concerns. As a result, small businesses haven’t been able to expand and hire as they otherwise could. Among several provisions to boost credit, this legislation allows ordinary investors to access private markets, which are currently reserved for the wealthiest investors, boosting capital inflows available to small businesses. This legislation can help more entrepreneurs make their business dreams a reality.”