SBA Hot Topic Tuesday — The Top 100 SBA 7(a) Lenders of 2016

January 3, 2017 SBA Hot Topic Tuesday — The Top 100 SBA 7(a) Lenders of 2016 SBA has released its list of the top 100 SBA 7(a) lenders for FY 16. Check out the rankings here: https://www.sba.gov/lenders-top-100 Also, you may now order the FY2016 Coleman Report 500, the list of the top 500 SBA 7(a)…

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Fraud Friday — Two More Community Bankers Charged with Bank Fraud

December 23, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Two More Community Bankers Charged with Bank Fraud For borrowing $7.5 million from the Troubled Asset Relief Program after cooking Florida-based GulfSouth Private Bank’s books. Says the Special Inspector General for TARP. Former CEO Anthony J. Atkins, 51 and Vice President Samuel D.…

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What SBA Lenders Need to Know About the New SOP 5010 (I) Effective Jan 1

What SBA Lenders Need to Know About the New SOP 5010 (I) Effective Jan 1 Home Speakers Agenda Registration Learn about the Newly Released SBA SOP 50 10 5 (I) Effective January 1, 2017. This 75-minute webinar lets your SBA lenders earn e-certfication. Date: Wednesday, January 25, 2017 Time: 2:00 p.m. Eastern Download a Registration…

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Coleman Movers and Shakers — Jeff Rosen Named EVP of First Commonwealth Bank

December 22, 2016 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers and Shakers — Jeff Rosen Named EVP of First Commonwealth Bank Jeff Rosen Named EVP of First Commonwealth Bank “Jeff brings to First Commonwealth 30 years of leadership experience in the financial services industry,” says Jane Grebenc, President of Pennsylvania-based First Commonwealth…

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SBA Hot Topic Tuesday — SBA Revises Form 912 Clearance Procedures

December 20, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Revises Form 912 Clearance Procedures The basic procedures you need to know effective December 15, 2016. The processing of a 912 with misdemeanor charges is changed to: 1) If the disposition of any misdemeanor(s) is older than six…

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Main Street Monday — Small Business Loan Delinquencies Tick Up

December 19, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Loan Delinquencies Tick Up Loans more than 30 days past due rose in October to 1.68 percent, the seventh straight monthly increase and the highest delinquency rate since November 2012. PayNet CEO and founder Bill Phelan sees a glass…

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