Main Street Monday — SBA 7(a) Secondary Market Quotes

September 12, 2016 By Bob Coleman Editor, Main Street Monday SBA 7(a) Secondary Market Quotes as of September 6, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.000 +0.114% -0.321% 10 Years P + 2.75 112.750 +0.177% -0.487% 15 Years P + 2.75 113.250 +0.110% +0.044% 20 Years…

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Coleman’s Certified SBA Express Loan Training — Available OnDemand Now

Available OnDemand Now — Teach your staff how to expertly originate and close SBA Express loans Coleman’s Certified SBA Express Loan Training Home Speakers Agenda Registration Introducing the SBA Express Training Program: Complete a 4-week online video program and become an SBA Express expert. Your staff can complete on their own schedules — plus receive…

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SBA Hot Topic Tuesday — Inspector General Denys $850,000 SBA 7(a) Guaranty

SBA Hot Topic Tuesday — Inspector General Denys $850,000 SBA 7(a) Guaranty By Bob Coleman Editor, SBA Hot Topic Tuesday A $1.6 million SBA 7(a) approved by Newtek Small Business Finance was audited by the Inspector General and the guaranty was denied. Under it’s high-dollar/early-default review program — loans over $500,000 defaulting within 18 months…

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Coleman’s Movers and Shakers — Leticia Scearce Named Senior Vice President of Grandpoint Bank

September 1, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman’s Movers and Shakers — Leticia Scearce Named Senior Vice President of Grandpoint Bank “Government guaranteed lending is an increasingly important component of our lending program,” says David J. Ross, executive vice president & chief credit officer of Arizona and California-based Grandpoint Bank. “If…

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Don’t Let Fee Disclosure Mistakes Deny Your Guaranty

Don’t Let Fee Disclosure Mistakes Deny Your Guaranty Home Speakers Agenda Registration Loan Closers will be able to confidently complete SBA Form 159 to perfectly comply with SBA’s Loan Broker and Fee Disclosure Requirements — A 75-minute webinar that lets staff earn e-certification. Date: Wednesday, May 10, 2017 Time: 2:00 p.m. Eastern Download a Registration…

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C-Suite Wednesday — SBA 7(a) Secondary Market Quotes

August 31, 2016 By Bob Coleman Editor, C-Suite Wednesday Tomorrow is the last day to register for the 9th Annual SBA Secondary Market Summit early-bird price of $995. Join this high-level gathering of public and private stakeholders to review strategies for capitalizing on emerging opportunities and avoiding new threats and pitfalls. 9th Annual SBA Secondary…

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Main Street Monday — Small Business Debt Defaults Rise

August 29, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Debt Defaults Rise Small businesses appear to be having more difficulty paying back existing loans. Loans more than 30 days past due rose in June to 1.56 percent, the highest since October 2014, data from PayNet shows. Small business…

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