Posts by Coleman Report
What you Need to Know about SBA’s New SOP 50 10 5(K)
The major rewrite of SBA’s Standard Operating Procedure includes numerous changes to SBA’s 7(a) and 504 lending programs effective April 1.
Coleman webinar instructor and former SBA Deputy Director of the Little Rock Commercial Loan Center, Lance Sexton will review and walk you through all the changes in this professional, concise presentation.
Read MoreColeman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster
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 Promoted “Mike’s experience across commercial banking, community development, special assets and SBA lending…
Read MoreC-Suite Wednesday — Nominations Open for Coleman 2018 SBA “BDO of the Year” and SBA BDO Summit
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 MoreMain Street Monday — Decreased Revenues Reflect Decreased Optimism
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 overall index score came in at 106, reflecting a decline of 23…
Read MoreColeman Report Update! — Interim Financing, Importance of a Hotel Flag, SBA Women Business Centers, Tammy Youst, Centennial Bank
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 MoreFraud Friday – Billion Dollar Fraudsters Get Additional Charges
February 8, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Billion Dollar Fraudsters Get Additional Charges Federal prosecutors in Salt Lake City filed new charges against executives and two employees of an energy company over a fraudulent renewable tax credit scheme. A grand jury returned a second indictment against the CEO…
Read MoreColeman Movers & Shakers — Michael Amon, Ashley Olejnik, Lamar Bailes, Atlantic Stewardship Bank
February 7, 2019 Coleman Movers & Shakers — Michael Amon, Ashley Olejnik, Lamar Bailes, Bill Hand, Matt Foster, Atlantic Stewardship Bank First National Bank (PA) Names Michael Amon Director of SBA Lending “Our SBA lending group plays an important role in supporting our middle market clients,” says Bryant Mitchell, vice president of capital markets and…
Read MoreC-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard
February 6, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard Down Under bank, Suncorp, is under fire for aggressively collecting five outstanding small business loans to the family of an Australian entrepreneur who died unexpectedly. The bank demanded the family sell the business to…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) and 504 Post Shutdown Q&A
February 5, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA 7(a) and 504 Post Shutdown Q&A The following Q&A has been edited for clarity. Here is the original notice issued last week. SBA 7(a) Interim Loans Q: Can a 7(a) Lender provide an interim loan during an SBA…
Read MoreMain Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged
February 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged December 2018 Small Business Optimism Index survey results released by the NFIB Research Foundation highlights include: Capital Holding steady from last month, 61% of small business owners report capital outlays.…
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