Fresno Metropolitan area is economically disadvantage because they lack a CAB Capital Access Broker’s as they are referred to as investment banks to provides investment banking and advisory services with a focus on mergers and acquisitions, restructuring and private capital placements.  Many small business rely on local chambers of commerce who don’t have enough resources to provide strategic investment banking services to there small business communities to access capital markets. Aaccording to FINRA Capital Acquisition Brokers (CAB’s) are firms that engage in a limited range of activities, including:  advising companies and private equity funds on capital raising and corporate restructuring, andacting as placement agents for sales of unregistered securities to institutional investors under limited conditions.   However many Fresno small business and emerging growth companies do not have access to capital markets nor do they have any Black Broker Dealers to turn to and rely on Grant’s and micro loans for survival during this pandemic. Capital formation through private placement of securities has increased substantially since the onset of the financial crisis.   Amounts raised through unregistered securities offerings have outpaced the level of capital formation through registered securities offerings during recent years, and totaled more than $2 trillion during 2014.   Fresno Private Investment in Private Equity Deals https://mkgenterprisescorp-client.com BIG https://mkgfinancialgroup.com/capital-formation/