Bob Coleman Interviewed by Sean Murray at deBanked

April 8, 2024 Delaney SextonContributing Editor Bob Coleman Interviewed by Sean Murray at deBanked “As in anything else, once you master the learning curve, you’re fine,” says Bob Coleman. “The reason why SBA lending is difficult is you may not know the rules.” And that’s where Coleman comes in, a former lender turned news source and educator…

Read More

Cars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday

April 5, 2024 Delaney SextonContributing Editor Cars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday Between 2017 and 2018, Tod Ray Keilholz obtained three business loans totaling more than $3.5 million from Hawthorne Bank. His businesses began failing afterward, and his financial concerns started growing. The loans…

Read More

California Launches $25 Million Small Business Loan Fund

  California Launches $25 Million Small Business Loan Fund Additionally, it will support the deployment of $1.1 billion in federal funding separately approved for capital support programs from the California Infrastructure and Economic Development Bank (IBank) and the California Pollution Control Financing Authority. Lenders across the state are expected to leverage the $1.1 billion in…

Read More

Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix

Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix From divisional headquarters in DALLAS, TX, April 3rd, 2024 – Gulf Coast Small Business Lending (GCSBL) announced today that it has hired Cathie Hendrix as Senior Vice President – Business Development Officer in Oregon. “Cathie is a fantastic addition to our Gulf Coast Small Business…

Read More

Coleman’s Certified SBA Loan Training for 2024

Coleman’s Certified SBA Loan Broker Training Taught by Bob Coleman– 12-week recommended course format– Monetize your referrals and solve your client’s capital needs– Learn all about SBA eligibility and underwriting requirements that will allow you refer a loan that can get funded while adhering to all SBA ethical requirements– Incorporates the latest SBA SOP updatesCost:…

Read More

Funding Circle Responds: Plans to Launch 7(a) Loan Operations

April 2, 2024 Delaney SextonContributing Editor Funding Circle Responds: Plans to Launch 7(a) Loan Operations Early in March, Funding Circle CEO Jacobs said “Whilst the US business offers attractive long term growth, it also requires a significant amount of cash and capital to grow the small business administration (SBA) proposition and we don’t believe that…

Read More