Posts by Coleman Report

October 26, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Vinny Muratore Named President of Stone Bank’s SBA Division Vinny Muratore Named President of Stone Bank’s SBA Division Marnie Oldner, Stone Bank CEO said “Our SBA division, headed by this professional who is so respected in the government-guaranteed loan…

October 25, 2017 By Bob Coleman Editor, Coleman Report C-Suite Wednesday — SBA 7(a) 25-Year Secondary Market Quotes up to 117.75 Maturity Spread Price Quarterly % Change 8 Years P + 2.75 108.750 -0.458% 10 Years P + 2.75 112.250 -0.883% 15 Years P + 2.75 112.450 -1.897% 20 Years P + 2.75 114.500 -1.505%…

October 24, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Fountainhead Brings AI to SBA Lending We have postulated for many years how technology would improve our decision-making in business and that artificial intelligence would play a role. Many of us, however, didn’t try to equate this to commercial…

October 23, 2017 By Bob Coleman Editor, Fraud Friday Main Street Monday — Main Street Paying its Obligations Better than Ever “Conditions are in place for small businesses to drive GDP growth resulting from exceptional financial health,” states William Phelan, president of PayNet, Inc. Small Business Delinquencies The PayNet Small Business Default Index (SBDFI) at…

October 20, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Oregon Community Bank CEO, CFO Fraud Trial Begins A retired Oregon community banker reported borrower and employee irregularities to the Feds in 2011. Don Heine filed a Suspicious Activity Report with the Financial Crimes Enforcement Network and called the FBI to report his…

October 19, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Banc-Serv Retains Brent Ciurlino, Appoints Karen McHugh EVP Brent Ciurlino’s consulting group has been retained to review the operations of banc-serv. Brent was formerly the Director, Office of Credit Risk Management / Asst. Associate Administrator for SBA from January…

October 18, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Coleman Rural Small Business Lenders of the Year Darren Davis, SBA Manager, Fidelity Bank, Georgia Never seeking outward recognition, Darren is quiet and unassuming; he simply strives to get the job done. At every turn in his career, he has proven he is…

October 17, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Coleman SBA 7(a) Lenders of the Year Coleman SBA 7(a) Lenders of the Year About the 2017 Coleman small business lending professional awards The Coleman Report is awarding 2017 small business lending professional awards in six categories. Main Street…

Updated October 16, 2017 By Bob Coleman Editor, Coleman Report banc-serv PARTNERS LLC Announces the Retention of Brent Ciurlino, Former Director of the SBA Office of Credit Risk Management October 16, 2017 Fraud Friday Part II — Newtek Stock Down 10%, Says FBI Executed Search Warrant on Banc-serv October 13, 2017 Fraud Friday — Uh…

October 16, 2017 Main Street Monday — SBA Issues New SBA SOP 5010 J By Bob Coleman Editor, Main Street Monday Access the link for the new SOP 5010 (J) effective January 1, 2018 Be sure to register for Coleman’s webinar to learn about all the new changes in proper context and importance. MANAGEMENT ISSUES,…