Now that I’m back at my desk after the holiday break, I came across this news note from WXIA –TV and the Metro Atlanta Chamber of Commerce President, Sam Williams. 

 *According to Williams, thinking “small” may pay off big in the long run. “This economy is going to turn around when small business turns it around,” he said.

Even in a city that has the 3rd most Fortune 500 businesses in the U.S.,  Mr. Williams points to the role of small business growth in growing the economy overall and highlights the current financing obstacles small businesses face.

With bank lending slowing, small businesses must be open to alternative ways of expanding their working capital.  FTRANS helps small businesses get the funding they need to begin growing again.

Excerpt from the full article:

As business and political leaders met in Washington to discuss job growth, Metro Atlanta Chamber President Sam Williams offered his own thoughts: “The private sector creates jobs. The government cannot create sustainable jobs over the long period. I think the biggest part of our economy that needs help is small business owners.”

According to the Small Business Administration, small businesses account for 99.7 percent of employers. They employ more than half of private sector employees and they account for 44 percent of the total U.S. private payroll.

In a conversation with reporters Thursday, Williams said the scarcity of credit is holding small businesses back. “Availability of loans and financing from the financial industry. They’re being pushed down a lot by the regulatory environment that’s coming out now and the whole aftermath of the financial crisis,” he said…