Coleman Movers & Shakers — SBA Secondary Market Summit, Rural Lenders Roundtable Offer Post-Election Analysis, Networking Opportunities

November 1, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — SBA Secondary Market Summit, Rural Lenders Roundtable Offer Post-Election Analysis, Networking Opportunities 11th Annual 2018 SBA Secondary Market Summit, Tuesday, December 4, Washington DC Senate Small Business Committee Chairman James Risch Confirmed as 2018 SBA Secondary Market Summit Speaker…

Read More

Coleman Report Update! — Sponsored by SBA Complete, SBA Processing Times, Boefly, SBA Underwriting Errors, Litigation

October 31, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by SBA Complete, SBA Processing Times, Boefly, SBA Underwriting Errors, Litigation This week’s topics: SBA Processing Times Boefly SBA Underwriting Errors Litigation Previous Coleman Report Updates!: October 31, 2018 — Coleman Report Update! — Sponsored by SBA Complete, SBA…

Read More

SBA Hot Topic Tuesday — Offer your Feedback on SBA’s Proposed Rule Changes

October 30, 2018 SBA Hot Topic Tuesday — Offer your Feedback on SBA’s Proposed Rule Changes By Bob Coleman Editor, SBA Hot Topic Tuesday Create your own user feedback survey Take our poll. https://www.surveymonkey.com/r/DQS6QKC The key topics for SBA lenders include reinstatement of the personal resource test, limiting lender and agents fees, and changes to…

Read More

CPR Report: SBA 7(a) Actual Prepays Above 18%

October 30, 2018 CPR Report: SBA 7(a) Actual Prepays Above 18% By Bob Judge Editor, CPR Report In September, total prepays, including paid excess principal (ACPR), came in at 18.85%, an 11% increase from last month’s reading of 16.92%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came in…

Read More

Main Street Monday — Small Biz Lending Demand Increases, Credit Conditions Stable

October 29, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Biz Lending Demand Increases, Credit Conditions Stable Small business lending continued its blistering pace in August, according to the latest Strategic Insights Report from PayNet The Thomson Reuters / PayNet Small Business Lending Index shows originations increased 7% from 145.1…

Read More

Coleman Report Update! — Sponsored by Rural Lenders Roundtable — SBA Loan Broker Fees, Litigation Expense, Berkeley Pizza

October 26, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by Rural Lenders Roundtable — SBA Loan Broker Fees, Litigation Expense, Berkeley Pizza This week’s topics: SBA Loan Broker Fees Litigation Expenses Berkeley Pizza Previous Coleman Report Updates!: October 26, 2018 — Coleman Report Update! — Sponsored by Rural…

Read More

Fraud Friday — Collateral Conversion Leaves Lender Counting the Wrong Cows

October 26, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Collateral Conversion Leaves Lender Counting the Wrong Cows Collateral conversion occurs when the borrower sells the small business lender’s collateral and pockets the cash. And that is loan fraud. Another all hat and no cattle Kentucky farmer Brian Shepperd promised to pledge 900…

Read More

Coleman Movers & Shakers — Rural and SBA Secondary Market Events Name Keynote Speakers — Senator Risch, Senator Perdue, Congressman Aderholt, Administrator Brand. Charles White Joins IL SBA.

October 25, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Rural and SBA Secondary Market Events Name Keynote Speakers — Senator Risch, Senator Perdue, Congressman Aderholt, Administrator Brand. Charles White Joins IL SBA. 2018 11th Annual 2018 SBA Secondary Market Summit Announces Senate Small Business Committee Chairman as the…

Read More

C-Suite Wednesday — Small Business Loan Truth-in-Lending Disclosures Mandated by California

October 24, 2018 By Dominic J Bartolone Contributing Editor, C-Suite Wednesday C-Suite Wednesday — Small Business Loan Truth-in-Lending Disclosures Mandated by California Consumer-style Truth in Lending disclosure is coming to California’s small business lenders for loans less than $500,000. The new law signed by Governor Jerry Brown affects non-bank lenders. Regulated financial institutions, e.g. banks…

Read More

SBA Hot Topic Tuesday — Updated SBA Loan Chart

October 23, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Updated SBA Loan Chart SBA has compiled a very good chart summarizing all of its loan programs with updated fees as of October 1. You may download it here.

Read More