Covid-19 Small Business Finance Relief
Covid-19 Small Business Finance Relief
Why this petition matters
Banks had their bail out at the US tax payers expense so now it's the Banking Industries turn to take one for the team. #TEAMAMERICA
Sign this petition in support for your local small business who employ many within your community. Employees working for companies with less than 50 employees are excluded from the Covid -19 Stimulus Package totalling 8 Billion dollars. They will not receive 2 weeks sick pay should they need to take off from work. Why? Mom and Pop businesses make up over 50% of the nation's companies. Their workers deserve the same opportunity as their neighbor working for a large corporation.
Please show your support for small business. Ex: local restaurants, coffee shops, boutique, beauty salons, all types of shops owners, printing, specialty stores, your dentist, and millions of other service oriented industries and vendors who service closed schools and closed local governments. The affect will hit for countless additional industries, like DHL, Federal Express and UPS employees when the demand for deliveries are no longer there. There are countless more business types affected for unknown reasons that come from our need to social distance in order to help prevent the spread of the virus. Help their landlord say to their small business tenant, " you can push back the next month's rent due".
As Americans following the President's and CDC guidelines to stay home, work from home which is impossible in many industries, and not gather in groups to help prevent the spread of Covid -19. over the next few months, these small business, should have been equally considered with the travel industries bail out plans in the Stimulus package being reviewed before Congress to encourage them to cease transportation.
For the next three months, millions of small businesses expect to have severe revenue hardships that will detrimentally affect millions of families salaries if smal employers must chose to pay a loan or make payroll. Let us not force them to shut their doors sending employees hiking to the unemployment lines. These small businesses are very fragile during this period and could greatly benefit. It could keep them out from filing bankruptcy when income and revenue are severly limited due to obstacles in their operations.
They arent asking for a hand out. They are asking to delay payments due without added interest assessed. They deserve to receive a 3 month reprieve from making loan payments to all types of financial institutions and banks without penalty, without default for non payment or fear of receiving a negative report from credit agencies.
Why three months? This is the period that the Global pandemic is expected to consume and move through our nation altering our everyday behavior. While temporary, it is enough to throw every single small business into a dark tunnel never to see the light of day again. These small businesses are owned by the average middle class person. He could be your neighbor.
By signing this petition, you are letting our nation's leaders know you support the working man and small business over the billions of dollars in profits taken by the banking industry in interest payments made by small business owners and their employees. The money these financial institutions charge us is often used to lobby congress against our immediate interests. We need to maintain our economic strength of the people by supporting these people. So without your signature, we will be letting big banks win over the working man during the most critical period in our nation's economic history.
Sign the Petition and say we are #teamamerica.
God bless all of us!!!
- Elizabeth WarrenSenator
- Keith EllisonRepresentative
- Kamala HarrisAttorney General
- Johnny IsaksonSenator
- Bryan Steil