An unusual array of small-business trade associations are joining together to fight for additional support to help unfreeze credit markets for small companies. Nearly 30 groups, including the American Apparel & Footwear Association, Associated General Contractors of America, International Franchise Association, and Marine Retailers Association of America have formed the Small Business Access to Credit Coalition.
The coalition sent a letter last week to Members of Congress asking them to extend the Small Business Administration loan guaranty provisions and increase the maximum loan size.
A lot of people on the letter are not traditionally involved in SBA lending, said David French, a lobbyist with the International Franchise Association. The demand for loans is not being met. ... We wanted to demonstrate broad-based support from a very broad range of affected sectors.
The American International Automobile Dealers Association, Associated Builders & Contractors Inc., International Council of Shopping Centers, National Restaurant Association and National Association of Manufacturers are also part of the coalition.
French said he is more optimistic of legislation passing given the White Houses recent announcement that it also supports increasing the limit of many of the SBA loans from $2 million to $5 million.
The coalition is in its early stages, with some of the groups lobbying in tandem but for the most part still working the Hill on an individual basis. French said that could change depending on the response the coalition gets from Congress.
Daniels Jumps Ship. The Financial Services Roundtable is losing its banking lobbyist, Irving Daniels. Daniels, vice president of banking and securities at the trade group, is leaving for the Marwood Group after seven years at FSR. The Marwood Group is a health care advisory and financial services firm headquartered in New York City.
Daniels was one of the few remaining Democrats at the trade association. He previously served as legislative counsel to former Rep. Floyd Flake (D-N.Y.) and as an aide to House Ways and Means Chairman Charlie Rangel (D-N.Y.).
But FSR wont be missing Daniels blue pedigree for long.
FSRs Scott Talbott said the group will make an announcement on Daniels replacement in the near future.
We look at substance first, but Irvings replacement is a D, Talbott said.
Weight Watchers Bulks Up. A diet company known around the country for helping people slim down is making a name for itself inside the Beltway by hiring Wexler & Walker Public Policy Associates. Weight Watchers International Inc. is focusing its efforts on obesity prevention provisions in the health care bills, according to Timothy Hannegan, the lead lobbyist on the account.
They want to become part of the discussion around obesity prevention, said Hannegan, president of the firm.
Marla Viorst, Jack Howard, Jody Hoffman and Daniella Landau are also registered to lobby for the client.
But dont expect the company to throw its weight behind different versions of health care reform, though it backs certain aspects in the Senate Health, Education, Labor and Pensions Committee measure.
Sen Mary Landrieu, D-La., poses for a selfie with LSU football fans as she campaigns at tailgate parties on the Louisiana State University campus before the LSU-Mississippi State game on Saturday, Sept. 20, 2014. Buy photo here.