Insights
Access To Capital In The Most Challenging Of Times
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It’s widely recognized that small businesses are the engine of the global economy, and that is true now more than ever. According to the Economic Innovation Group, more than 5 million small businesses were formed in the United States in 2022 with about 34% of those planning to hire employees. This latter element is just as critical as the number of businesses formed, as small businesses are the bedrock of employing our communities.
It’s widely recognized that small businesses are the engine of the global economy, and that is true now more than ever. According to the Economic Innovation Group, more than 5 million small businesses were formed in the United States in 2022 with about 34% of those planning to hire employees. This latter element is just as critical as the number of businesses formed, as small businesses are the bedrock of employing our communities.