2020 CA Small Business Credit Survey; Commercial Eviction Moratorium Ends

In This Must Know…

The Federal Reserve published the California Small Business Credit Survey (SBCS). It collects information about business performance, financing needs and choices, and borrowing experiences of firms with 500 or fewer employees. Responses to the SBCS provide insight into the dynamics behind aggregate lending trends and about noteworthy segments of small businesses.
California wasn’t as represented as it should be. Help us spread the word and have your clients fill out the 2021 SBCS.

ICYMI: We spoke more on the Federal Reserve at our MicroLenders Forum. Information and resources can be found on our blog post “Inclusive Small and Micro Business Lending Post-COVID.”

The Governor’s Executive Order on commercial the eviction moratorium, expired on Thursday, September 30, 2021. Thus, ended the protections that prevented commercial evictions of small businesses and non-profit organizations for nonpayment of rent. Back rent may be due in full depending on the payment plan or other agreement negotiated between the tenant and landlord..
Resources on how to help negotiate your rent and more can be found out on our blog post “Commercial Eviction Moratorium Ends“.

CAMEO was profiled in “Building Organizational Capabilities in Service of Equitable and Inclusive Small Business Ecosystems” (page 27) issued by LISC National and Next Street. Thanks! The report explains CAMEO’s roles in the California’s small business ecosystem – capacity builder, advocate, and convener.
“CAMEO is the largest statewide microenterprise network in the country with a mission to grow athriving ecosystem of support for underserved entrepreneurs. CAMEO’s capacity building programs includethe CDFI Incubator and the CAMEO Academy.”