As a small business owner, the unique challenges that arise from securing business credit, loans, or leases have been a significant obstacle. The current norms that often condition these financial opportunities on personal guarantees by corporate officers, members, or shareholders disproportionately affect minority entrepreneurs. We need a structural change in how business credit is granted in order to foster a truly equitable business environment.

The Corporate Protection Integrity Act of 2025 aims to prohibit the practice of requiring personal guarantees for business financial transactions. This legislation is vital for reinstating the intended legal separation of personal and corporate liabilities. Without such protective measures, the personal assets of business owners - especially minority entrepreneurs - are constantly at risk, hindering the growth and sustainability of businesses within our communities.

Statistics highlight that minority -owned and small businesses are 50% more likely to have their business loan applications rejected, and if approved, often face significantly higher rates. This systemic issue stifles innovation and limits economic diversity, not only affecting business owners but also impacting employees, families, and communities across the nation.

Concrete solutions proposed by the Corporate Protection Integrity Act include setting clear guidelines that financial institutions must follow, tailoring evaluation practices that focus on corporate assets and risk assessments without encroaching on personal finances, and providing support mechanisms to ensure businesses have fair access to capital.

Your signature can lead to the adoption of policies that dismantle barriers faced by minority and other small business owners and promote economic equity. Demand that lawmakers recognize the necessity of this act for creating a fairer and more inclusive economic landscape. Please sign the petition to support the Corporate Protection Integrity Act of 2025 and help protect the dream of business ownership for everyone.

The Corporate Protection Integrity Act of 2025