Posts by Coleman Report
Coleman Movers & Shakers — Scott Cisneros, Brad Bunt, Elisabeth Williams, Ken Martin
August 8, 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Scott Cisneros, Brad Bunt, Elisabeth Williams, Ken Martin, Erik Rajek Union Bank Announces the Hiring of Scott Cisneros Scott Cisneros joins Union Bank with 15 years of experience in the financial services industry. He has an associate degree…
Read MoreThe 5 Critical C’s of SBA Lending
NEW COLEMAN WEBINAR FOR SBA LENDERS The 5 Critical C’s of SBA Lending Home Speakers Agenda Registration A 75-minute webinar that allows your staff to earn e-certification. A Coleman Webinar Date: Wednesday, September 18, 2019 Time: 2:00 p.m. Eastern Go to Registration and Payment | Download a Registration Form We all know the 5 C’s…
Read MoreSBA Hot Topic Tuesday – Trump Nominates Carranza as the New Chief of SBA
August 6, 2019 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Trump Nominates Carranza as the New Chief of SBA Last week, President Donald Trump formally announced his intention to nominate U.S. Treasurer, Jovita Carranza, as the new chief of the Small Business Administration. According to The Guardian, “Carranza…
Read MoreMain Street Monday – Survey Reveals Small Businesses Investing in Technology for Increased Sales, Growth
August 5, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Reveals Small Businesses Investing in Technology for Increased Sales, Growth In a recent survey of 1,763 small businesses conducted by Researchscape International and DaySmart Software, results indicate that small business owners are leveraging technology to offset challenges, increase growth…
Read MoreFraud Friday — StartUp Airline Fails to Get off the Ground — Owner Guilty in Fraud & Tax Evasion
August 2, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — StartUp Airline Fails to Get off the Ground — Owner Guilty in Fraud & Tax Evasion In 2014, Michael Morisi, 59, received a $5 million loan from TowneBank guaranteed by the Newport News/Williamsburg-based Peninsula Airport Commission for his startup airline, People Express Airlines.…
Read MoreColeman Movers & Shakers — Rick Von Minden, Peter Samson, Colony Bankborp, and First National 1870
August 1, 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Rick Von Minden, Peter Samson, Colony Bankborp, and First National 1870 Rick Von Minden Joins 44 Business Capital’s SBA Team as First Vice President of SBA Lending Von Minden has over twenty years of experience handling SBA loans.…
Read MoreCorrectly Calculate Global Cash Flow the SBA Way — SOP 50 10 5 (K)
NEW COLEMAN WEBINAR FOR SBA LENDERS Correctly Calculate Global Cash Flow the SBA Way — SOP 50 10 5 (K) Home Speakers Agenda Registration Don’t Void Your SBA Guaranty with Improper Cash Flow Add Backs — a 75-minute webinar that allows your staff to earn e-certification. A Coleman Webinar Date: Wednesday, October 2, 2019 Time:…
Read MoreUsing 401K/IRA Funds to Satisfy SBA’s Equity Injection Requirements
NEW COLEMAN/DRDA WEBINAR FOR SBA LENDERS Using 401K/IRA Funds to Satisfy SBA’s Equity Injection Requirements Home Speakers Agenda Registration What is a BORSA™ (Business Owners Retirement Savings Account) Plan? — a 75-minute webinar that allows your staff to earn e-certification. A Coleman/DRDA Webinar Date: Tuesday, September 17, 2019 Time: 2:00 p.m. Eastern Go to Registration What…
Read MoreSBA Hot Topic Tuesday – Revised Procedures for Fingerprint Background Checks for SBA Business Loans
July 30, 2019 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Revised Procedures for Fingerprint Background Checks for SBA Business Loans As of July 25, 2019, SBA will now require all FBI fingerprint background checks, in connection with SBA 7(a) and 504 business loans, to be submitted electronically. To…
Read MoreMain Street Monday – “Goldilocks Economy” Creates Opportunities for Age 50+ Entrepreneurs
July 29, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – “Goldilocks Economy” Creates Opportunities for Age 50+ Entrepreneurs To coin a phrase from the classic children’s tale of Goldilocks and The Three Bears, a Goldilocks Economy is one that is not too hot (inflation), not too cold (recession), but just…
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