Posts by Coleman Report
Main Street Monday — Top Performing 31-90 Days Delinquency Ratings by State
December 17, 2018 Main Street Monday — Top Performing 31-90 Days Delinquency Ratings by State By Bob Coleman Editor, Main Street Monday Check out the year over year 31-90 Days Delinquency Ratings by state provided by PayNet Inc. 31-90 Days Delinquent by State 2017 2018 YOY Change Nevada 1.58% 0.99% -37.3% Iowa 0.95% 0.66% -30.5%…
Read MoreMain Street Monday – Why Small Business Lending Isn’t Rising Equally Across the United States
December 17, 2018 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Why Small Business Lending Isn’t Rising Equally Across the United States While small businesses in the top 10 states have seen lending numbers rise consecutively for the past seven months, others have not fared as well. This trend reported in…
Read MoreFraud Friday — $4.5 Million Fake SBA Biz Aq Loans Gets Arizona Man 30 Months in Jail
December 14, 2018 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — $4.5 Million Fake SBA Biz Aq Loans Gets Arizona Man 30 Months in Jail The former CFO and CEO of an Arizona medical equipment company were sentenced in federal court to more than 30 months in prison, followed by three years…
Read MoreColeman Movers & Shakers — Rocco Perate Moves SBA Lending Team to Meridian Bank
December 13, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Rocco Perate Moves SBA Lending Team to Meridian Bank Adapted from Philadelphia Business Journal In the interest of keeping his team together and under the direction of a commercial lending department, Pennsylvania-based Beneficial Bank’s director of SBA lending Rocco…
Read MoreSBA PPP, 7(a), and 504 Loan Portfolio Servicing Actions You Must Perform in 2020
SBA PPP, 7(a), and 504 Loan Portfolio Servicing Actions You Must Perform in 2020 Home Speakers Agenda Registration Date: Wednesday, June 10, 2020 Time: 2:00 p.m. Eastern Download a Registration Form As SBA PPP loan forgiveness begins, along with 7(a) and 504 CARES Act loan payments being made, “now is the time to prepare for…
Read MoreColeman’s 2018 SBA Lending Awards
Coleman’s 2018 SBA Lending Awards Congratulations to the Coleman 2018 SBA Lending Award Winners! (p.s. We finalizing the SBA BDO 2018 nominations, awards and summit. Details to be announced soon.) Congratulations to the following winners! Coleman 2018 Main Street Lender of the Year Coleman 2018 Woman Lender of the Year SBA 504 Lenders of the…
Read MoreColeman’s 1st Annual SBA Child Day Care Financing Webinar
Coleman’s 1st Annual SBA Child Day Care Financing Webinar Home Speakers Agenda Registration Gain Expertise in Building a Quality Child Day Care SBA Loan Portfolio — Avoiding Losses, Repairs and Denials: A 75 minute training video webinar for underwriters. A Coleman Webinar Date: Wednesday, January 16, 2019 Time: 2:00 p.m. Eastern Download a Registration Form…
Read MoreMain Street Monday – Confidence Levels Remain Positive According Says Wells Fargo
December 10, 2018 Main Street Monday – Confidence Levels Remain Positive According Says Wells Fargo By Mary Miller, Contributing Editor Small business performance and confidence levels hold steady and remain positive according to the 2018 Q4 Small Business Index reported by Wells Fargo. We love stats. Here they are: · 80% rate current financial situation…
Read MoreFraud Friday — Trusted CPA Firm Employee Embezzles from Small Biz Clients
December 7, 2018 By Dominic J Bartolone Contributing Editor,Fraud Friday Fraud Friday — Trusted CPA Firm Employee Embezzles from Small Biz Clients Another story of small business owners entrusting their finances to a third party and get ripped off. A Montana woman from West Yellowstone has pleaded guilty to wire fraud charges last week as…
Read MoreColeman Movers & Shakers — Trae Dorough, Walter Dyminski, Tye Massey, Mike Sheptson
December 6, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Trae Dorough, Walter Dyminski, Tye Massey, Mike Sheptson Trae Dorough Named Coleman SBA Rural Lender of the Year Trae Dorough is the Executive Vice President and Chief Lending Officer of Touchmark Bank in Georgia. Trae started his banking career…
Read More