It’s done. I testified earlier today before the Senate Committee on Small Business and Entrepreneurship. It turns out things were a little rushed at the hearing — I was only given about three minutes to deliver my verbal testimony (which is very short, especially given the length of my written testimony) — and Ranking Member Sen. Olympia Snowe wasn
’t able to be there for the panel I was on. But I think I got my point across, and Committee Chair Sen. Mary Landrieu commented that the different opinions on the panel made for some interesting debate.
As I began to prepare my testimony last Friday, I was advised that I could submit a lengthy written testimony and summarize the high points in my verbal testimony. If you happened to watch the hearing live, you saw that I stated the main points — Congress ought to extend the 504 Refi and FMLP programs by at least one year each, and CDCs ought to be given incentive to participate in recoveries — and referenced the supporting evidence in my full written testimony.
All told, I probably had the floor for a total of about 7 minutes, but my written testimony ran 12 pages. I thought you might like to see that full document, so you can view and download it (in PDF format) here .
We’re supposed to get a video of the hearing, but I can’t say for sure when that might be. As soon as it’s in our hands, you can bet we’ll get it posted here for you to see (hopefully no later than early next week).
In the meantime, let me know how I did (if you happened to catch the live video stream) and/or what you think about my full written testimony. Many thanks to the 100+ people who co-signed in support of my testimony and these changes to the SBA, and let’s all cross our fingers that this hearing and other things in motion will trigger some beneficial changes for small business owners.
Dedicated to Your Continued Success,
Chris
Mercantile Capital Corporation’s complimentary iPhone app is a very useful commercial real estate calculator.
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