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Christine Gregoire on Jobs

Democratic WA Governor


Increase small business access to credit.

Gregoire signed Letter from 12 Governors to leaders in Congress

State Small Business Credit Initiative, which would strengthen innovative state programs that support small business lending. In our states, these programs are facing increased demand, yet the budgetary pressures we face have limited their ability to fill the credit gap left by the financial crisis. These innovative programs include those that augment collateral values for small businesses and manufacturers who have seen them decline as a result of the financial crisis, capital access programs that contribute to loan loss reserves that allow banks to expand credit to more businesses, and loan guarantee and other programs that help share risk with lenders that are willing to extend credit to viable small businesses, manufacturers and farms that are crucial to a strong recovery. By supporting these programs, the State Small Business Credit Initiative would leverage Federal funds several times over to enable billions in new lending to small businesses that can support new job creation. We urge you to take immediate action to increase small business lending in the United States. While our nation's economy continues to recover from this great recession, small businesses in our states continue to struggle to gain access to the credit they need to create jobs. We believe federal action is necessary to remedy this issue.

We strongly support a comprehensive package being considered that would include expanding the size of Small Business Administration loans and temporarily extending successful Recovery Act provisions reducing fees and raising guarantees for SBA loans, enacting tax incentives for small business investment, and a proposal for a $30 billion Small Business Lending Fund that would provide community banks with capital and incentives to increase lending to small businesses.

In addition, we especially want to convey our support for a new proposal for a

Source: Letter from 12 Governors to leaders in Congress 100519-Gov on May 19, 2010

Other governors on Jobs: Christine Gregoire on other issues:
WA Gubernatorial:
Howard Schultz
Jay Inslee
WA Senatorial:
Maria Cantwell
Patty Murray

Newly elected Nov. 2012:
IN: Mike Pence (R)
NC: Pat McCrory (R)
NH: Maggie Hassan (D)
MT: Steve Bullock (D)
WA: Jay Inslee (D)

Re-elected 2012:
DE: Jack Markell (D)
MO: Jay Nixon (D)
ND: Jack Dalrymple (R)
UT: Gary Herbert (R)
VT: Peter Shumlin (D)
WI: Scott Walker (R)
WV: Earl Ray Tomblin (D)

Up for re-election 2013:
NJ: Chris Christie
VA: Bob McDonnell
Up for re-election 2014:
AK: Sean Parnell
AL: Robert Bentley
AR: Mike Beebe
AZ: Jan Brewer
CA: Jerry Brown
CO: John Hickenlooper
CT: Dan Malloy
FL: Rick Scott
GA: Nathan Deal
HI: Neil Abercrombie
IA: Terry Branstad
ID: Butch Otter
IL: Pat Quinn
KS: Sam Brownback
MA: Deval Patrick
MD: Martin O'Malley
ME: Paul LePage
MI: Rick Snyder
MN: Mark Dayton
NH: Maggie Hassan
NM: Susana Martinez
NV: Brian Sandoval
NY: Andrew Cuomo
OH: John Kasich
OK: Mary Fallin
OR: John Kitzhaber
PA: Tom Corbett
RI: Linc Chafee
SC: Nikki Haley
SD: Dennis Daugaard
TN: Bill Haslam
TX: Rick Perry
VT: Peter Shumlin
WI: Scott Walker
WY: Matt Mead
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Page last updated: Apr 25, 2013