Posts by Coleman Report

March 8, 2023 Delaney SextonColeman Editor C-Suite Wednesday – Coleman Small Business Lending Index We invite you to take our first Coleman Small Business Lending Index survey! Responses collected from the surveys are anonymous. The data will be used in future reports to inform the SBA industry of small business lender sentiment and trends within…

March 7, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Legislation was Introduced to Support Justice Impacted Individuals Entrepreneurship “Entrepreneurship can be a critical lifeline for justice impacted individuals, and it can provide inherent benefits for their families and their communities. These entrepreneurs are less likely to recidivate and more likely to employ other…

March 6, 2023 Delaney SextonContributing Editor Main Street Monday – Biden Proposes $1.6 Billion to Tackle Pandemic Fraud “We must empower law enforcement to pursue, investigate, prosecute, and recover money from those who were engaged in major or sophisticated fraud—from well-off individuals who took hundreds of thousands, if not millions, of dollars from taxpayers to…

March 3, 2023 Delaney SextonContributing Editor Fraud Friday – Final Fugitive of PPP & EIDL Fraud Ring Extradited from Montenegro After one year of being a fugitive, Tamara Dadyan was extradited by Montenegro and has been returned to the United States. In January 2022, she visited her lawyer’s office before reporting to prison, but she…

March 2, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Armen Madatyan and Justin Spina Armen Madatyan Joins TMC Financing’s Southern California Team as SVP of Business Development Armen is an industry professional with over 18 years of experience providing financing to small businesses. Most recently, Madatyan worked at another Certified Development Company and prior…

A Live Streaming Training Webinar Solving Difficult SBA Servicing Problems Release of GuarantorsRelease of CollateralOffer in Compromise A Coleman Training WebinarDate: Wednesday, March 22, 2023Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute training class that lets staff earn e-certification There are two types of difficult one-off servicing actions facing lenders — actions facing lenders…

February 28, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Treasury Allocates SSBCI Funds to Four More States “This is a historic investment in entrepreneurship, small business growth, and innovation through the American Rescue Plan that will help reduce barriers to capital access for traditionally underserved communities,” says Secretary of the Treasury Janet L.…

Your SBA lending team is invited to participate in Coleman’s 30th annual SBA department compensation survey. Survey results will be bundled and sold along with other essential data needed to support your compensation plan to all stakeholders. Although survey participants will remain anonymous, they may submit an email address to receive a complimentary copy of…

February 24, 2023 Delaney SextonContributing Editor Fraud Friday – Three Luxury Cars and $2 Million Seized by the Feds in PPP Fraud Case Last week, the Attorney’s Office announced that Mustafa Qadiri was sentenced after obtaining more than $5 million in PPP loans for sham businesses. Although none of the businesses were in operation, he…

A Live Streaming Training Webinar PatriotExpress SBA LoansFY23 Underwriting and Closing Guidance A Coleman Training WebinarDate: Wednesday, March 15, 2023Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute training class that lets staff earn e-certification The Patriot Express Loan Program provides loans of up to $500,000 to military community members, including veterans, service-disabled veterans, active-duty…