In case you missed it (and there’s a good chance you did), I was on FOX Business News late Friday afternoon. I found out that I would be on FOX’s Happy Hour show earlier that same day, while I was out of the office at a day-long meeting, so I didn’t have much time to prepare.
Anyway, without any further ado, here’s the clip (just be sure to keep reading – - I have a couple things to share after you watch):
Even though this is my fourth appearance on FOX Business News in only 10 months (second time in the past two weeks), I’m still not used to the brevity of these interviews. I never feel like I get to fully explain what I want to say.
I wish we’d had just a few extra seconds so I could’ve talked a little bit more about the SBA. One of the main problems with SBA lending right now is that it (lenders and the SBA approving their loans) generally can’t lend to unprofitable businesses. There are businesses out there that are otherwise healthy; they just haven’t put up great numbers over the last year or so, during the “Great Recession.” We need to relax some of the restrictions on SBA lending so that more businesses can get access to the credit they need to push through to better times.
Be sure to check back here in a day or so, because I’m going to post more thoughts on the SBA, as well as my comments on President Obama’s State of the Union Address from last week. I would have put that up here last Friday, but FOX Business News took precedence.
P.S. If you find anything I’ve said or written here interesting or stimulating (even if you don’t agree with what I have to say), forward it to someone who might appreciate it (even if THEY don’t agree with what I have to say). We, as American Citizens, need to talk about these issues and I hope some of these thoughts and ideas can spark a little debate somewhere . . . hopefully for better public policy.
P.P.S. Don’t forget that purchasing commercial property is still one of the best decisions a business owner can make . . . and that Mercantile Capital Corporation is still making that dream come true for business owners every day. Even with all the negative news about the financial industry, our total lending volume increased 14.5% from 2008 to 2009, and I fully expect us to grow even more this year. If you or someone you know ought to at least consider owning commercial property, introduce them to me right away by calling 1-866-622-4504 or emailing info@mercantilecc.com. It’s never too soon to find the right lending partner for a decision this important.
Tags: Fox Business News, Great Recession, Mercantile Capital Corporation, Obama, President, Purchase Commercial Property, SBA Lending, Small Business Administration, State of the Union Address
Joel says:
Ron Paul for President 2012! Great business, great for lending.
Shawn says:
It went very well.
Bob Burk says:
I watched it . . . good job!
Steve Bodiford says:
Chris, saw your clip on Fox . . . very interesting and makes perfect sense. Looks like you got cutoff near the end . . .
I have a loan in with your office now . . . hopefully we’ll get it thru u/w.
Thanks for the info.
David Frank says:
I saw Chris. Awesome.
I think Chris is still fearful to say “SBA” . . .I think the stigma has changed and I believe it now to be a GOOD thing to say SBA!
Raysman Cheung says:
Good for you, let me know for the next appearance in Fox.
Dr. Jeff Hockings says:
Great job Chris!!!
Great seeing you last week.
Braudis Lee Pegram says:
Great responses Chris. They need to give you more time and ask more in-depth questions or questions which require more in-depth answers.
And to be candid, I think you need to strengthen your critisizm of the Administration for not supporting the small business by stepping up and funding O/O commercial properties in Michigan.
Dale Hoxie says:
Thanks for the link to the Fox News Program. You hit the target with your comments.
Kyle Ransom says:
Fox news never lets you get a word in.
Marty Hancock says:
Great job Chris.
As usual, the pols will back any plan which will increase their chances of re-election, regardless of effectiveness. If its PERCEIVED to be a step in the right direction, actual input from experts IN THE FIELD doesn’t seem to matter much.
Lets face it, not many (did any?) of the guys who voted for the stimulus package bothered to read it, much less weigh the cost and odds of its succeeding.
Bob D'Andrea says:
Thanks for forwarding me this information.
Kevin Connell CEO AccuScreen.com says:
TERRIFIC JOB, CHRIS!
Your analysis, insights and commentary hit the nail on the head.
Unfortunately, the Obama Administration does not have any experience in the private sector and clearly do not have a clue as to what it takes to actually run a successful business.
The signals Entrepreneurs, Small Business Owners and the American people are sending him through recent elections such as the most recent Senator Brown (R- MA) replacing the seat of the late Sen. Ted Kennedy (D-MA) just don’t seem to register. A campaign appearance by President Obama for a candidate is the “kiss of death.” You would think he could take a hint.
A few other observations:
*If this President were running a small business, it would be bankrupt in a New York minute.
*The President gives himself a grade of “B+” on his 1st year in office? Huh??
*I’d say what he has done looks more like the northend of a southbound mule.
Kevin Connell
CEO & Founder AccuScreen.com
Entrepreneur since 1994
Jan Leasure says:
Chris, you really rock the house!