Posts by Coleman Report
Coleman Report Update! — Sponsored by NACLB, Hotel Finance Heat Map, Credit Elsewhere, Drone Quote, Partner Energy
September 14, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — Sponsored by NACLB, Hotel Finance Heat Map, Credit Elsewhere, Drone Quote, Partner Energy This week’s topics: Chris Muoio Discusses the Ten-X Hotel Heat Map Credit Elsewhere CDC Small Business Finance Borrower Profile — Drone Quote America West interview with Dana Weiss…
Read MoreFraud Friday — Two Years in Jail for Photoshopped Cattle Inventory Statements in $2 Million Fraud
September 14, 2018 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — Two Years in Jail for Photoshopped Cattle Inventory Statements in $2 Million Fraud Another cattle rancher is going to prison for fraud after providing phony cattle numbers to his bank. Last July, we wrote how a North Texas man was indicted…
Read MoreColeman Movers & Shakers – Melanie Brown and John McGinnity, Mary Beth Brooks, Patriot Bank
September 13, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers – Melanie Brown and John McGinnity, Mary Beth Brooks, Patriot Bank Seacoast Commerce Bank, San Diego Appoints Melanie Brown, Senior Vice President and SBA Business Development Officer and John McGinnity, Vice President and SBA Business Development Officer “Melanie and John…
Read MoreC-Suite Wednesday — GAO Says Bad Data Clouds Community Bank Small Business Lending Numbers
September 12, 2018 By Dominic J Bartolone Contributing Editor, C-Suite Wednesday C-Suite Wednesday — GAO Says Bad Data Clouds Community Bank Small Business Lending Numbers “We found that the economic environment and competition, rather than regulatory burden, explained most of the trends in (small business) lending from 2001-2017. We also found that community banks’ lending…
Read MoreSBA Hot Topic Tuesday — OIG Says Lender to Lose Guaranty for Failing to Correctly Underwrite Projections
September 11, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — OIG Says Lender to Lose Guaranty for Failing to Correctly Underwrite Projections A lender who received a check from the SBA for a SBA 7(a) guaranty in the amount of $552,406 should pay it back says the Inspector General.…
Read MoreMain Street Monday — Main Street Leads US Economy
September 10, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Main Street Leads US Economy The SBA Quarterly Bulletin released in March of this year confirms that small businesses continue to experience growth. Financial Takeaways: Low demand for small business loans and lending remain areas of concern. Bankers report easing lending…
Read MoreColeman Report Update! — Sponsored by Lend 360, Multiple Affiliates, Early Defaults, Farm Bill, P3 Rural Infrastructure, Benetrends
September 7, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — Sponsored by Lend 360, Multiple Affiliates, Early Defaults, Farm Bill, P3 Rural Infrastructure, Benetrends This week’s topics: What to do if your client has Multiple Affiliates OIG Report on Early Defaults Bob discusses the new Farm Bill with Bill Broydrick Thomas…
Read MoreSBA 7(a) Deferments, Workouts and Loan Modifications Webinar
SBA 7(a) Deferments, Workouts and Loan Modifications Webinar Home Speakers Agenda Registration Introducing the SBA 7(a) Workouts, Deferments, Extensions and Reinstatements Webinar: A 75 minute video webinar your staff can participate in. Date: Wednesday, September 26, 2018 Time: 2:00 p.m. Eastern Download a Registration Form What does an SBA Lender do when a SBA Borrower…
Read MoreFraud Friday – Bank Manager Embezzles from Customer
September 7, 2018 Fraud Friday – Bank Manager Embezzles From Customer By Dominic J Bartolone Contributing Editor A Zions bank manager who embezzled over $500,000 from a bank customer to buy a house and other personal items, ran into more trouble after forging a letter to the judge in his case. Daniel Scott Frischknect, 33,…
Read MoreColeman Movers & Shakers — Chris McDonald, Tucker Herring
September 6, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Chris McDonald, Tucker Herring Chris McDonald Joins Harvest as Senior Vice President Todd Massas, Managing Director, Chief Origination Officer says, “Our national footprint is building rapidly and the addition of a powerhouse like Chris McDonald helps strengthen Harvest’s ability…
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