We have been preaching for almost a year now about capital access, arcane SBA rules, and what needs to happen to truly "stimulate" the economy. It seems as if perseverance may have actually begun to prevail, as President Obama will announce tomorrow his support for a raise in the SBA cap from $2 Million to $5 Million. This is one of the points that we have been preaching about for months!
http://boss.blogs.nytimes.com/2009/10/20/obama-to-announce-small-business-stimulus/?hp
Bernie, as the Government relations chair of the IBBA, and the rest of us in concert with the IFA have been fighting the fight, and this is win #2, as the goodwill issue is finally resolved. We are not done yet, as a number of bills are expected, and we need to make sure that the salient points are the ones addressed, not the Pork!
Kudos to the IFA government relations team, especially David French for his tireless efforts on behalf of small business. I am proud that we had a small hand in helping to make some real "CHANGE" happen in Washington!
I am writing this post from my deck at the Tradewinds resort in St. Pete, while attending the Murphy Business Brokerage convention. These folks really know how to make it happen in business brokerage!
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