• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Home 20723
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Contact
  • More
    • Opinion
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Opinion

Glatt: Trump’s SEC pick may be good news for small American companies

Glatt: Trump’s SEC pick may be good news for small American companies
Chuck Muth
April 11, 2017

Jay Clayton (Courtesy: Getty Images)

(Joseph Glatt, The Hill) – Jay Clayton, the president’s nominee for chairman of the Securities and Exchange Commission, embraced broadening access to capital markets in the U.S. during his recent confirmation hearing. It was encouraging news for small and midsize businesses struggling to secure financing from traditional lenders. If Clayton is serious about increasing access, he should partner with middle market lenders to ensure that the small and mid-sized businesses driving this recovery can continue to prosper.

Small and mid-sized companies represent more than $10 trillion of the U.S. economy, but face tough hurdles trying to access capital from traditional banking lenders. Over the past 15 years, most of the local and regional banks that historically provided a vital source of capital for small businesses have either consolidated or shut down. As a result, these banks have reduced their lending share by as much as 44 percent.

This consolidation was followed by the 2008 market crisis, which led many large banks to substantially reduce their investments in the middle market. Given the retraction of traditional lenders, America’s small and midsize businesses are increasingly turning to business development companies (BDCs) to access vital capital.

Click here to continue reading

Prev postNext post

Related Items
Opinion
April 11, 2017
Chuck Muth

Related Items

More in Opinion

Amodei Statement on Debt Ceiling Bill

Chuck MuthJune 1, 2023
Read More

Tark: Trans “Rights” … and Wrongs

Chuck MuthMay 26, 2023
Read More

Stone: The Truth About AB 250: Will Patients Really Benefit?

NN&V StaffMay 26, 2023
Read More

“Ungrateful Miscreants”: Miller, Segerblom Insult Local Small Business Owners

NN&V StaffMay 24, 2023
Read More

Quarter-Million Dollar Ad Campaign Targets Nevada Legislators for Trapping Hispanic Families in Unsafe Schools

NN&V StaffMay 22, 2023
Read More

Nevada News & Views: May 20, 2023

NN&V StaffMay 20, 2023
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Muths truth

Copyright © 2023 Citizen Outreach | Maintained by VirtualAlly

Trump Administration to Pay Health Law Subsidies Disputed by House
Trump Weighs Moves to Target Commodity Dumping Into U.S.