February 20, 2019 By Bob Judge Editor, CPR Report CPR Report: Actual 7(a) Prepays Go Back Above 16% In January, total prepays, including paid excess principal (ACPR), came in at 16.38%, a 14% increase from last month’s reading of 14.36%. After correcting for the excess principal being released fr...
Read More →Nominations Open for Coleman 2018 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach Winners *must* attend! Are you a high performing SBA Business Development professional or know someone who is? This is the perfect opportunity to be recogni...
Read More →February 19, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Releases Updated SOP 5010 5 (K) Effective April 1, 2019 Here is the 11-page SBA Information Notice outlining the changes to SBA 7(a) and 504 loan programs. Here is a link to download SOP 5010 5 (K) Be su...
Read More →February 15, 2019 By Bob Coleman Executive Producer, Coleman Report Update This week’s topics: Fountainhead Commercial Capital Receives SBA Lending License Equity Injection Takeaways Linda McMahon speaks to the Small Business Committee McCune Companies Upcoming SBA Industry Events
Read More →February 15, 2019 By Dominic Bartolone Contributing Editor, Fraud Friday Fraud Friday – $100M Florida Fraud Leads to Bank Failure An eccentric businessman who hobnobbed with Miami’s elite is headed to federal prison after being found guilty of fraud on a financial institution. Jack Kachkar, 55, ...
Read More →What you Need to Know about SBA’s New SOP 50 10 5(K) Home Speakers Agenda Registration A Review of All April 1, 2019 Changes. This 75-minute webinar lets your SBA lenders earn e-certification. Date: Wednesday, February 27, 2019 at Time: 2:00 p.m. Eastern Download a Registration Form The maj...
Read More →February 14, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster Michael Utterback Named VP, Loan Origination by SomerCor, Four Other...
Read More →February 13, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Nominations Open for Coleman 2018 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach
Read More →February 11, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Decreased Revenues Reflect Decreased Optimism Stats reported from the first quarterly Wells Fargo/Gallup Small Business Index of 2019 show a decrease in small business owners optimism levels. The over...
Read More →February 8, 2019 By Bob Coleman Executive Producer, Coleman Report Update! This weeks topics: Interim Financing Importance of a Hotel Flag SBA Women Business Centers Tammy Youst, Centennial Bank
Read More →
