And that is an immensely diffict challenge for businesses to maid to comply. I dont see the reason to requis unless there is a reason, whicht been set forth in any of the dos ive read, why would the cannabs business or this new industry be burdened by this requirement onm the getgo they may not be ableo qualify. Were creating a business that t qualify or maintain the legalits existence by not being able to d employees. It is counter it does not sem logical to me and would like ths commission to inquire with the y attorney as to its enforceabili, enforceability of this provisio. And im completely surprised ths been maintained at this high le. Yes. I mean you can construct all kif easy. Mental arguments against this. Imagine a business with 12 empld six live in the city and six lif city. One of the six who lives in they decides to move out of the city. Do i have to fire somebody and a local hire in order to stay in compliance . Now am i going to deprive my eme who has a right to move, de
To comply. I dont see the reason to requis unless there is a reason, whicht been set forth in any of the dos ive read, why would the cannabs business or this new industry be burdened by this requirement onm the getgo they may not be ableo qualify. Were creating a business that t qualify or maintain the legalits existence by not being able to d employees. It is counter it does not sem logical to me and would like ths commission to inquire with the y attorney as to its enforceabili, enforceability of this provisio. And im completely surprised ths been maintained at this high le. Yes. I mean you can construct all kif easy. Mental arguments against this. Imagine a business with 12 empld six live in the city and six lif city. One of the six who lives in they decides to move out of the city. Do i have to fire somebody and a local hire in order to stay in compliance . Now am i going to deprive my eme who has a right to move, deprivf the employment because of the requirement the city has put o
Businesses. It is its going to be immeny difficult to monitor this requit for Small Business employees. A lot of employees change, movee their address, move out of of ty and that is an immensely diffict challenge for businesses to maid to comply. I dont see the reason to requis unless there is a reason, whicht been set forth in any of the dos ive read, why would the cannabs business or this new industry be burdened by this requirement onm the getgo they may not be ableo qualify. Were creating a business that t qualify or maintain the legalits existence by not being able to d employees. It is counter it does not sem logical to me and would like ths commission to inquire with the y attorney as to its enforceabili, enforceability of this provisio. And im completely surprised ths been maintained at this high le. Yes. I mean you can construct all kif easy. Mental arguments against this. Imagine a business with 12 empld six live in the city and six lif city. One of the six who lives in they
Started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already have an sba loan. I went to wells fargo for a line of credit and they would not give me one. I can speak to you about it. When we look at funds that are needed, the biggest thing we look at our cash flow. I can address that with you. Unless there is an issue, at that point [inaudible] lets talk, ok. I have a couple of more questions. I know that the panelists have agreed to stay after for those who have specific questions. I do have one question for wells fargo. What are the typical rules for applying for sba loan of less than
And be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already have an sba loan. I went to wells fargo for a line of credit and they would not give me one. I can speak to you about it. When we look at funds that are needed, the biggest thing we look at our cash flow. I can address that with you. Unless there is an issue, at that point [inaudible] lets talk, ok. I have a couple of more questions. I know that the panelists have agreed to stay after for those who have specific questions. I do have one question for wells fargo. What are the typical rules for applying for sba loan of less than 50,000 . How much money do we