At the last minute I was asked to speak about tax incentives for small businesses – and I was more than happy to oblige! It was quite an experience, and the first time I had ever been interviewed via satellite – rather strange when you can’t see the person you are talking to!
Bottom line – the Administration needs to allocate more funds to small business lending. The Recovery Act allocated funds to be used to provide 90% guarantees on SBA loans and drastically reduced or eliminated the fees associated with SBA loans. (In my case I saved over $11,000 in fees!) Let’s hope they can make this happen sooner rather than later and keep the momentum behind small business lending and job creation.
Here is the interview:
Amy Nichols on Your World with Neil Cavuto
PS I really enjoyed Neil’s waste no time, keep it moving style of interviews
