How to Avoid SBA 7(a) Guaranty Repair Denials — Webinar 8/17
A New Coleman Webinar for SBA Lenders How to Avoid SBA 7(a) Guaranty Repair Denials Tips in Plain Sight from the National Guaranty Purchase CenterJuly Quarterly SBA Connect Call A Coleman WebinarDate: Wednesday, August 17, 2022Time: 2:00 p.m. Eastern Download a Registration Form a 75-minute webinar that lets staff earn e-certification While PPP Servicing and…
Read MoreFraud Friday – Bank Executive Vice President Pleads Guilty to Conspiracy to Defraud his Bank
August 5, 2022 Delaney SextonContributing Editor Fraud Friday – Bank Executive Vice President Pleads Guilty to Conspiracy to Defraud his Bank “Today’s plea sends a clear message that bank executives who commit fraud and deliberately deceive regulators will be brought to justice for their actions. I commend our agent and their federal law enforcement partners…
Read MoreBREAKING NEWS – SBA Raises Maximum Variable Interest Rate to Prime +3 for Loans over $350,000
August 4, 2022 Delaney SextonContributing Editor BREAKING NEWS – SBA Raises Maximum Variable Interest Rate to Prime +3 for Loans over $350,000 Effective August 1, 2022 Variable Maximum Interest Rates for SBA 7(a) Loans $50,000 and Less –Prime + 6.5 $50,001 to $250,000 — Prime + 6.0 $250, 001 to $350,000 — Prime + 4.5…
Read MoreColeman Movers & Shakers – Gary Siddens, Mihir Patel, Amer Khamis, and Craig Byers
August 4, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Gary Siddens, Mihir Patel, Amer Khamis, and Craig Byers Gary Siddens Joins American Momentum Bank’s Expanding SBA Team as VP, BDO “Gary has a strong and tenured background in financial services and a well-established network in the market,” says Patrick Fenech, Senior Vice President,…
Read MoreC-Suite Wednesday – Yelp Says Growth in Consumer Spending is Slowing with Inflation
August 3, 2022 Delaney SextonContributing Editor C-Suite Wednesday – Yelp Says Growth in Consumer Spending is Slowing with Inflation “If the last few years have demonstrated anything it’s the resilience of local businesses, people and communities in the U.S. and across the world. When given the opportunity communities have come together to support and uplift…
Read MoreIntroducing a New SBA Loan Rule Effective August 1, 2022 – How The “Deregulatory” Rule Affects You — Webinar 8/3
A Coleman WebinarDate: Wednesday, August 3, 2022Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute webinar that lets staff earn e-certification Almost two years in the making, SBA has adopted a rule that removes or revises various regulations governing the agency’s business loan programs that are obsolete, unnecessary, ineffective, or burdensome. In response to a…
Read MoreSBA Hot Topic Tuesday – New Maximum Fixed Rates for 7(a) Guaranteed Loans
August 2, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – New Maximum Fixed Rates for 7(a) Guaranteed Loans Effective on the first day of August, SBA published a notice for a regulatory rule that announces the maximum allowable fixed interest rates for 7(a) guaranteed loans. The final rule “removed or revised various regulations governing…
Read MoreAre you Compliant with SBA’s SOP Regulations about Prime Interest Rate Increases? — Webinar 8/10
A Coleman WebinarDate: Wednesday, August 10, 2022Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute webinar that lets staff earn e-certification We are in a once in a generation run-up of the prime rate, a rapid increase not seen since 2006 when the prime rate topped out at 8.25% and 2000 when it hit 9.5%.…
Read MoreMain Street Monday – Connecticut Launches a New Small Business Loan Fund
August 1, 2022 Delaney SextonContributing Editor Main Street Monday – Connecticut Launches a New Small Business Loan Fund “We’re thrilled to launch the Connecticut Small Business Boost Fund, a new collaboration with private sector partners and investors that will provide companies and nonprofits the working capital they need to grow and thrive,” Governor Lamont says.…
Read MoreIntroducing a New SBA Loan Rule Effective August 1, 2022 – How The “Deregulatory” Rule Affects You — Webinar 8/3
A Coleman WebinarDate: Wednesday, August 3, 2022Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute webinar that lets staff earn e-certification Almost two years in the making, SBA has adopted a rule that removes or revises various regulations governing the agency’s business loan programs that are obsolete, unnecessary, ineffective, or burdensome. In response to a…
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