Small Business

We invest in small business as the engine of inclusive economic growth

Small and medium-sized business are the backbone of every economy. Here in the US, small businesses employ over 50% of our nation's workforce and have contributed more than 65% of new jobs over the past 15 years. Despite this, small businesses often lack access to traditional financial products and services, especially in the face of the COVID-19 pandemic. This gap has further widened due to large scale bank consolidation and the decline of community banks (a traditional source of small business lending). Without access to capital, small businesses struggle to grow and communities miss out on the economic benefits they provide.

Learn more about our Small Business Recovery work and check out our additional Small Business news, features, and resources below.