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Action Alert: Small Business Lending

Action Alert: Small Business Lending Enhancement Act – S.509

Help Missouri small businesses and small business owners gain access to much-needed loans.  The Small Business Lending Enhancement Act, S. 509 would raise the credit union member business lending cap to 27.5% of assets, providing more jobs and access to capital for small businesses. The Senate is currently putting together a small business jobs bill and the bill sponsor, Senator Mark Udall (D-Colorado) is working to get the credit union bill as a part of this package.  We need your help to get the momentum going and urge support from Missouri’s U.S. Senators for this effort.

Please contact U.S. Senator Claire McCaskill (D) and U.S. Senator Roy Blunt (R) TODAY.  Urge them to include S. 509 in the small business jobs bill and to cosponsor S. 509.  Your action is needed quickly.

Who should participate? Credit union presidents, employees, board members, and small business members.  The input from small business owners who would be helped the most is very important.


WRITE:  Click here to visit the Credit Union Grassroots Action Center and send an email or letter to Senators McCaskill and Blunt.  Please log-in before starting on your communication.

Once you enter your zip code in the space provided, you will see a letter for both Senators, urging them to support S. 509 in the small business jobs bill.  Please customize each letter with your unique small business and/or credit union story - and share why this is important to your members, small businesses and your community.  Also ask the Senators to sign on as cosponsors to S. 509.

CALL: You are also encouraged to call the Senate offices to urge them to include S. 509 in the small business jobs bill, and ask them to cosponsor S. 509.  Make sure they hear from Missouri credit unions and their small business members.

Here are the Senate office contact numbers:

U.S. Senator Claire McCaskill:  202.224.6154
U.S. Senator Roy Blunt:  202.224.5721
QUESTIONS: If you have any questions about this action alert or the legislation, please contact Amy McLard, vice president of Federal Legislative Affairs, at 314.542.1370.