stickyimage

All posts from Coleman Report

  • SBA 7(a) Prepays Rise 5% in April

    Jun 10, 2013 No Comments

    June 10, 2013 In April, prepays rose slightly, but stayed below 6% for the second month in a row after starting the year with two +7% prints. The increase was based on slight increases in both defaults and voluntary prepayments. As for the detail, overall prepayments rose 5.17% to 5.86% from 5.57% ...

    Read More →
  • Mugshot Monday, Exonaration Style

    Jun 10, 2013 No Comments

    June 10, 2013 Missed in the headlines from the Bank of the Commonwealth guilty convictions two weeks ago is a complete and full exoneration of one of the bank vice presidents on trial. Simon Hounslow, a former vice president and chief lending officer at the bank, spent 47 days on trial in U.S. Dist...

    Read More →
  • Small Business Optimism Up, Job Creation Down

    Jun 03, 2013 No Comments

    June 4, 2013 By Bob Coleman Editor, Coleman Report SurePayroll’s Small Business Scorecard records a fifth straight month of optimistic Main Street entrepreneurs – up to 75%. This is up over the low posted last September of 45%. The problem for the economy is month-over-month hiring was down 0.3...

    Read More →
  • The Ice is Beginning to Melt in The Small Business Lending Freeze

    Jun 03, 2013 No Comments

    June 3, 2013 By Bob Coleman Editor, Coleman Report Says Washington Post’s small business journalist J.D. Harrison. He cites several reports that small business lending is increasing. Coupled with a few surveys showing better financial health for Main Street, the trend is indeed positive. And, he ...

    Read More →
  • How a Prudent Lender Completes 5 Key SBA 7(a) Forms

    Jun 03, 2013 No Comments

    How a Prudent Lender Completes 5 Key SBA 7(a) Forms Wednesday, June 19th, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Use our “email address only” order form! It’s not as simple as “fill-in-the-box” when completing SBA’s forms. The importance of being correct and...

    Read More →
  • Small Business Week Events, June 17-21

    Jun 03, 2013 No Comments

    June 3, 2013 By Bob Coleman Editor, Coleman Report National Small Business Week is spread out among five cities this year – Seattle (6/17), Dallas (6/18), St. Louis (6/19), Pittsburgh (6/20) and Washington DC (6/21). Go here for your free registration in the regional cities. There is a charge for...

    Read More →
  • Learn and Network at these Summer Regional SBA Lender Conferences

    May 31, 2013 No Comments

    May 31, 2013 By Bob Coleman Editor, Coleman Report Work your network of peers, learn the best practices of our industry, and make yourself more valuable to your employer by attending a regional SBA lending conference this summer. I have found the Region VI’s Mid-America lender’s conference is t...

    Read More →
  • We Love Small Business Stats

    May 31, 2013 No Comments

    May 31, 2013 By Bob Coleman Editor, Coleman Report Courtesy of Bank of America’s just released Small Biz Spring 2013 report. Small business owners: Have enough access to capital – 67% Who will apply for a loan in 2013 – 19% How small business owners would use funding from loans: Invest in new...

    Read More →
  • Use a Debarred Loan Broker, Lose Your Guaranty

    May 30, 2013 No Comments

    May 30, 2013 By Bob Coleman Editor, Coleman Report If you accept a package from a loan broker that has been suspended or debarred from participating in the SBA loan program, your guaranty is null and void. So, how do you know? Here you can locate entities and individuals who have been suspended and...

    Read More →
  • Bob Coleman Featured in Numerous Publications

    May 29, 2013 No Comments

    Bob Coleman Featured in Numerous Publications Chip Mahan, First Internet Banker, Is Back With Tech-Enabled SBA Lender Live Oak Bank By Amy Feldman November 17, 2015 Forbes How does Live Oak do what it does with no branches, no tellers, and no customer service reps? Essentially, it combines the perso...

    Read More →