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Treasurer Fitzpatrick Recognizes Small Business Week 2022

Tuesday, May 03, 2022
Treasurer's name

Jefferson City, MO – Missouri State Treasurer Scott Fitzpatrick today recognized Small Business Week and the contributions of Missouri’s small business owners to the state’s economy and their communities.

 

“Small businesses play a vital role in Missouri’s economy. As a business owner, I know the dedication and hard work it takes to build and run a successful company,” Treasurer Fitzpatrick said. “While inflation rages and interest rates continue to rise, Missouri FIRST, the state’s linked deposit program, can help businesses improve cash flow and provide much needed capital for a variety of uses at a reduced interest rate. I believe in Missourians, and I am happy to be able to provide the benefits Missouri FIRST offers to the small businesses in our state.”

 

The Treasurer’s Office supports Missouri small business through Missouri FIRST, the state’s linked deposit program. Linked deposits partner the Treasurer’s Office with Missouri lenders to provide low-interest loans to qualifying small businesses. The program allows the borrower to save, on average, 30% on interest expenses. More information on Missouri FIRST can be found at https://treasurer.mo.gov/content/low-interest-loans/.

 

Small Business Week recognizes the important contributions of entrepreneurs and small business owners across the country. It runs from May 2-5, 2022.

 

 

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