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LeMieux: Florida's Small Businesses Need Small Business Lending Act

Press Release

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Date:
Location: Orlando, FL

U.S. Senator George LeMieux (R-FL) today discussed his initiative to increase opportunities for small businesses in Florida and throughout the U.S. The Senator discussed his effort at UniQueso, a locally-owned dairy manufacturer in Orlando. LeMieux discussed the company's success and the importance of the Small Business Lending Act, which will cut taxes for small businesses, free up capital for community banks so they can lend to small business owners, and increase export promotion tools.

"UniQueso is a great example of how a small business with a good product can flourish within a diverse market," LeMieux said. "The entrepreneurial spirit of this company has created jobs, opportunities, and a better way of life in our communities. Government should encourage and promote this kind of economic activity, not stand in the way. The small business lending bill will help free up capital to provide credit to small business owners trying to grow their companies and create more job opportunities."

BACKGROUND: Senators LeMieux and Mary Landrieu (D-LA) introduced their bipartisan amendment to the Small Business Jobs Act to help cut taxes for small businesses and free up capital for community banks so they can lend to small business owners. It also includes The Export Promotion provision, also authored by LeMieux, which would increase the activities and staffing of the Department of Commerce in carrying out its mission to promote U.S. exports. It would increase the export grants funds available to industry associations and non-profit institutions. The Small Business Lending Act is expected to come before the Senate for a vote this month.


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