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A voice for small business
From meetings with congressional representatives to supporting the passing of the Truth-in-Lending bill to testifying in front of the house and senate small business committees, we are dedicated to being a strong advocate for small business owners and the mission-driven lending industry.
Key issues & accomplishments
Federal
- Access To Affordable and Responsible Capital
- Community Advantage permanence and expanded Target Market
- 504 modernization
- SBA Microloan modernization
- Improving Federal Small Business Programs
- Improving the Community Reinvestment Act to work for neighborhoods
- Fighting for 1071
State
- Support of the State Small Business Loan Guarantee Program
- Increased resources and capital to underserved small businesses
- Transforming the capital deliver strategy to better serve Entrepreneurs of Color
Accomplishments
- 2019: Testify in front of the House Small Business Sub-Committee and the Senate Small Business and Entrepreneurship Committee
- In California, we also supported the passage of the important Truth-In-Lending Bill.
- The Commerical Real Estate and Economic Development Act
- Signer on the Small Business Borrowers’ Bill of Rights
- Helped found Advocacy group for SBA Community Advantage lenders
Driving change in our industry
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Robert Villareal
OFN, Treasurer, 2020
OFN (Opportunity Finance Network) promotes the interests of all CDFIs; institutions delivering affordable small-business financing to historically disadvantaged groups including women, minorities and low-income individuals.
Congressman Scott Peters Borrower Tour
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