Coleman Report
CPR Report: Actual 7(a) Prepays Stay Below 15%
April 24, 2019 CPR Report: Actual 7(a) Prepays Stay Below 15% By Bob JudgeEditor, CPR Report In March, total prepays, including paid excess principal (ACPR), came in at 14.07%, a 1% decrease from last month’s reading of 14.27%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came in at…
Read MoreSBA Hot Topic Tuesday — Top 7 Questions Asked By Distressed SBA Borrowers
April 23, 2019 By Jason Milleisen Founder of Distressed Loan Advisors SBA Hot Topic Tuesday — Top 7 Questions Asked By Distressed SBA Borrowers 1) Can my SBA loan be settled? In general, the SBA will consider settlement offers when it’s warranted. Whether they will consider YOUR settlement offer will depend a variety of factors.…
Read MoreMain Street Monday — Recession Rumors Gaining Momentum
April 22, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Recession Rumors Gaining Momentum For the last few months, it’s been a wild ride for Main Street. According to the latest CNBC/SurveyMonkey Small Business Survey, it reflects about 53% of small business owners fear a recession is ahead. Due to…
Read More11th Annual: “What you Need to Know about SBA 2019 Hospitality Financing”
11th Annual: “What you Need to Know about SBA 2019 Hospitality Financing” Home Speakers Agenda Registration Coleman’s 11th Annual SBA Hotel and Motel Financing Webinar 75 minutes of Online Training for your staff A Live Streaming Event! Date: Wednesday, May 22, 2019 Time: 2:00 p.m. Eastern Download a Registration Form Five Easy Ways to Register…
Read MoreFraud Friday — Nik Patel’s 25-Year Fraud Sentence Upheld
April 19, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Nik Patel’s 25-Year Fraud Sentence Upheld The 7th U.S. Circuit Court of Appeals has rejected a bid to reduce the 25-year sentence of the founder of a failed Orlando non-bank lender for his role in defrauding a Milwaukee investment firm of $179 million…
Read MoreColeman Movers & Shakers — Christopher Soupal, Michael Bland, Roger Unger, Jeff Vratanina
April 18, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Christopher Soupal, Michael Bland, Jeff Vratanina, Roger Unger Crestmark Promotes Christopher Soupal to Executive Vice President, President of Government Guaranteed Lending Division “I am pleased to announce the promotion of Christopher to Government Guaranteed Lending Division president,” says Mick…
Read MoreSBA Hot Topic Tuesday — Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates
April 16, 2019 By Janet Annan and Joseph Bonin Partner Engineering Contributors, SBA Hot Topic Tuesday Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates The SBA recently released its new SOP 50 10 5(K) policy, which becomes effective April 1, 2019. The new guidance and updated changes will…
Read MoreMain Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong
April 15, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong “Small business owners continue to create jobs, expand their operations, and are enjoying strong sales,” says NFIB President and CEO Juanita Duggan. “Since Congress resolved the shutdown, uncertainty has declined as…
Read MoreColeman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach
April 11, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach The Bancorp Names Jimmy Duran, Vice President, SBA BDO “The Bancorp Small Business Lending team is dedicated to providing competitive and attainable funding for low- and moderate-income communities,” says Jeff Nager, Executive Vice…
Read MoreSBA Hot Topic Tuesday — Jovita Carranza Nominated for SBA Administrator
April 9, 2019 SBA Hot Topic Tuesday — Jovita Carranza Nominated for SBA Administrator By Bob Coleman Editor, Coleman Report Jovita Carranza is slated to return back to the SBA as its 26th Administrator. She previously served as Deputy Administrator from 2006 to 2009 under President Bush. Carranza is currently the 44th Treasurer of the…
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