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Congressman McCarthy to hold townhall meeting

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Updated: 2/03/2011 9:23 am
Thursday, Congressman Kevin McCarthy wants to know what local business owners are struggling with. Owning a business is difficult, no matter the economic climate, but in today's downturned economy, it's even harder.

Business consultants say it's harder than ever to get a small business loan. The owner of a coffee shop downtown says if he could just get a loan, he'd be able to grow and prosper.

Danny Martinez owns Caffeine Supreme and wants to expand with a second location. Martinez says it feels like he'll never qualify for a loan.

Two years ago, before Martinez owned the coffee shop, he filed for bankruptcy but says now he's back on his feet, ready to grow his business.

Bob Hawkes, a small business consultant, says it doesn't even matter that Martinez filed for bankruptcy - all small business owners are finding it difficult to get those loans today.

He says that's because banks are skeptical. Consumers aren't spending and small businesses typically have a low success rate.

Still, Martinez says he's determined to see his business grow.

"It's a challenge. So I love challenges. I've been successful in many things and some things I haven't. All you can do is try for the best," said Martinez.

"People who are in business now are going to have to be very, very cautious and careful," said Hawkes. "Just like homeowners, just like the average person. It means looking at what you spend money on, what you do, and maximize your expenditure."

Hawkes also says customer service is the most important thing business owners should focus on today.

McCarthy's roundtable discussion with business owners takes place 1:30 Thursday afternoon at Abate-A-Weed at 9411 Rosedale Highway.
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The views expressed here do not necessarily represent those of KGET TV 17 - In the Spirit of the Golden Empire

RVLADY - 2/3/2011 10:03 AM
1 Vote
Mc carthy not interested in helping Bakersfield. He got his big job in Washington. He's no Bill thomas.

ti 1964 - 2/3/2011 9:39 AM
1 Vote
With todays banking and last year or before. Bakersfield had foreclosure in homes and automakers had foreclosure on not selling there automobiles. Banks got there bailouts from us hard working tax payers, so why give a loan, if you can't make it. Banks are being very cautious how they give out loans. If you want to lease or get a car, your bank will say no. T.R.W. firms back east make the deciscion, if there a risk or not. Congress Kevin McCarthy can promise as much as he wants. If you can't get 250 house not to agree, then it doesn't get done. Mr. Martinez should think about it. If his business is a risk, and he does go out of business, people in this town will be left with a huge bill to the bank. Putting huge bill on like that make it a little more harder, for the younger baby boomers. I perferr not to leave left with the bill. Loans are a terrible way to go.
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