Posts by Coleman Report
Coleman Movers & Shakers — Fred and Terry Crispen Join United Midwest Savings Bank
April 13, 2017 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman Movers & Shakers — Fred and Terry Crispen Join United Midwest Savings Bank “We believe there is tremendous opportunity in this segment, and Fred and Terry give us great confidence in our ability to serve this niche,” says Craig Street, United Midwest’s EVP…
Read MoreUsing Technology and Analytics to Optimize Every Step of Small Business Lending
April 25, 2017 Using Technology and Analytics to Optimize Every Step of Small Business Lending An Interview with Nancy Michael Senior Director, Product Strategy Moody’s Analytics Where do you see the biggest opportunities to improve the small business lending process? We see opportunities for improvement across every stage of the process, starting even before a…
Read MoreSBA Hot Topic Tuesday — Top 11 Reasons for LGPC Credit Memo Screen-Outs
April 10, 2017 SBA Hot Topic Tuesday — Top 11 Reasons for LGPC Credit Memo Screen-Outs By Bob Coleman Editor, SBA Hot Topic Tuesday The number one reason for LGPC screen-outs is an incomplete credit memo, as we learned from last week’s Office of Capital access quarterly call. Here are the top 11 factors leading…
Read MoreWhat you need to Know about Motel and Hotel Financing in 2017 — Coleman’s 9th Annual Hospitality Financing Webinar
What you need to Know about Motel and Hotel Financing in 2017 Home Speakers Agenda Registration Coleman’s 9th Annual Hospitality Financing Webinar — A 75 minute video webinar your staff can participate in. DATE CHANGE: Thursday, August 31, 2017 Time: 2:00 p.m. Eastern Download a Registration Form Where are we in the cyclical nature of…
Read MoreFraud Friday — Alabama Community Banker Gets Two Years in Jail for Loan Fraud
April 7, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Alabama Community Banker Gets Two Years in Jail for Loan Fraud John Vann is sentenced to 24 months in federal prison, followed by 60 months of probation after pleading guilty to one count of bank fraud. He was also ordered to pay $120,774…
Read MoreColeman Movers & Shakers — Scott Ellison to Lead Horizon Bank SBA Lending Team
April 6, 2017 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman Movers & Shakers — Scott Ellison to Lead Horizon Bank SBA Lending Team Scott Ellison to Lead Horizon Bank SBA Lending Team Michigan City, Indiana-based Horizon Bank is adding an SBA lending team to its Grand Rapids branch, which opened last month. The…
Read MoreC-Suite Wednesday — Main Street Optimism Highest since 2012 Says Capital One
April 5, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Main Street Optimism Highest since 2012 Says Capital One Check out the stats: Fifty-percent of all small business owners report their financial position is about the same as a year ago and 50 percent also expect to be in a better position six…
Read MoreSBA Hot Topic Tuesday Second Edition — Congressional Hearing about SBA Scheduled for Wednesday at 11 A.M. Eastern
April 4, 2017 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday Second Edition — Congressional Hearing about SBA Scheduled for Wednesday at 11 A.M. Eastern The House Small Business Committee will hold a hearing Wednesday morning, April 5 at 11 a.m. Eastern, “Taking Care of Small Business: Working Together for a Better SBA.”…
Read MoreAvoid Traps that Cause SBA 7(a) Guaranty Repairs, Denials and False Claims Act Lawsuits in Preparing the SBA 7(a) Purchase Demand Kit and Wrap-Up Report
Avoid Traps that Cause SBA 7(a) Guaranty Repairs, Denials and False Claims Act Lawsuits in Preparing the SBA 7(a) Purchase Demand Kit and Wrap-Up Report Home Speakers Agenda Registration Know the Required Elements of a Flawless PDK and Wrap-Up Report for Timely Payment by SBA–A 75 minute video webinar your staff can participate in. Date:…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) Prepays Fall Back Below 8%
April 4, 2017 By Bob Judge Editor, The CPR Report SBA Hot Topic Tuesday — SBA 7(a) Prepays Fall Back Below 8% In February, prepays fell by 25%, going below CPR 8% for the first time this year. Double-digit decreases in both defaults (CDR) and voluntary prepayments (CRR) led to the decrease. Specifically, defaults fell…
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