Good Policy | Expanding Small Business Loans – Public Bank

One of the universal challenges facing our city's small business community is reliable access to the critical capital entrepreneurs need to launch, grow and sustain their businesses. In recent years, the lending institutions that small businesses have historically relied on have declined dramatically, leaving fewer funding options and posing an existential risk to the foundation of our local economy.

In PROPEL's latest "Good Policy" explainer, we cover one potential solution years in the making to help small businesses thrive. A public bank could fill in the crucial gaps created by a financial market increasingly driven by venture capital gambles. If you value the commercial corridors that make San Francisco's diverse neighborhoods vibrant and unique, if you value cultivating our entrepreneurial spirit or growing local jobs for our neighbors, then this explainer is for you.