Posts by Coleman Report
C-Suite Wednesday — SBA Gets Serious about Rural Lending
August 1, 2018 By Dominic J Bartolone Contributing Editor, C-Suite Wednesday C-Suite Wednesday — SBA Gets Serious about Rural Lending On July 19, SBA announced its new 504 Loan Program Initiative Pilot Program. The program is aimed at assisting small businesses in rural communities through increased access to capital. The 504 Rural Pilot waives the…
Read MoreColeman Report Update! Sponsored by BFC! — Bette Brand, SBA Collateral Coverage, Adam Bergen, Azarian Gymnastics
August 1, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! Sponsored by BFC! — Bette Brand, SBA Collateral Coverage, Adam Bergen, Azarian Gymnastics This Week’s Topics * Interview with Bette Brand at the P3 Roundtable in Denver * Bob and Lance discuss SBA Collateral Coverage * Interview with Adam Bergen at America…
Read More2018 SBA Secondary Market Summit
2018 SBA Secondary Market Summit Home Speakers Agenda Registration The 11th Annual Event for SBA Secondary Market Professionals! The only industry event where you can get accurate market intelligence targeted to finance professionals who sell, trade, buy or regulate SBA secondary market paper. Now in its 11th year, the Coleman and Government Loan Solutions’ SBA…
Read MoreSBA Hot Topic Tuesday — New 413, SBA Loan/Purchasing Processing Times
July 31, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — New 413, SBA Loan/Purchasing Processing Times SBA Releases New Personal Financial Statement Form It includes the following major change — The certification field was amended to require a certification from the spouse of any 20% or more owner if…
Read MoreMain Street Monday — Main Street Lending Reaches New Heights
July 30, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Main Street Lending Reaches New Heights Says Thomson Reuters/PayNet in its latest Survey Its Small Business Lending Index reflects new highs, a 10% growth compared to figures from one year ago. Continuous growth and expansion in the small business sector plays…
Read MoreFraud Friday — Business Seller Photoshops Financials, Ripping off Buyer and Bank
July 27, 2018 Fraud Friday — Business Seller Photoshops Financials, Ripping off Buyer and Bank By Contributing Editor: Dominic J Bartolone Coleman Report Fraud Friday A Missouri man is heading to federal prison and was ordered to pay restitution after being convicted of SBA loan fraud. Todd Rood, 53, was sentenced in May to four…
Read MoreColeman Movers & Shakers — George Flores, Richard Dawkins
July 26, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — George Flores, Richard Dawkins George Flores Named SBA Deputy District Director for Fresno District Office “George will provide leadership to the SBA Fresno team that supports Central California’s continued growth through entrepreneurship development, small business expansion, and job creation,”…
Read MoreC-Suite Wednesday — California Close to Adopting Small Business Lending APR Disclosures for Non-Bank Lenders
July 25, 2018 Dominic J. Bartolone Contributing Editor C-Suite Wednesday — California Close to Adopting Small Business Lending APR Disclosures for Non-Bank Lenders Making its way through the California legislature is a new bill that will have a negative effect on small business lenders. The legislation, initially introduced in February, would be the first-of-its-kind to…
Read MoreSBA Hot Topic Tuesday — What Is the One Thing You Would Change in the SBA 504 Loan Program?
July 24, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — What Is the One Thing You Would Change in the SBA 504 Loan Program? Here are some of your responses from our poll several weeks ago: Governance and regulations for CDC’s has become too much to handle. OCRM’s have…
Read MoreMain Street Monday — Fed Says Small Biz Optimistic, with Strong Revenue Growth and Profits
July 23, 2018 By Bob Coleman Editor, Main Street Monday Contributing Editor Dominic J Bartolone Main Street Monday — Fed Says Small Biz Optimistic, with Strong Revenue Growth and Profits The 2018 survey compiled by the 12 Federal Reserve Banks is yet another data point touting Main Street optimism. Here are some highlights from the…
Read More