Coleman Movers & Shakers – David Baker, Eric Manning, and Edi Santos
September 7, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – David Baker, Eric Manning, and Edi Santos First Business Bank Welcomes David Baker as Vice President, SBA Lending With more than 13 years of experience in SBA Lending, David has cultivated a deep understanding of the sector and takes pride in building relationships with…
Read MoreNew SBA Form 159 Disclosure Requirements
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Read MoreColeman On-Demand Library
Need to have a Highly Complex SBA Loan Subject Material Broken Down into an Easy-to-Understand Format? You can! By gaining SBA Expertise with a 75-minute Coleman On-Demand Training Module! Library Details Each individual On-Demand webinar is $499. The library module is sold as an unlimited site license and may be viewed by anybody in your…
Read MoreColeman’s Certified SBA Loan Training
Coleman’s Certified SBA Loan Broker Training Taught by Bob Coleman– Semi-monthly Zoom calls & 8-week recommended course format (view syllabus here)– Monetize your referrals and solve your client’s capital needs– Includes 6 months of attendance at the Coleman Lender and Loan Broker Table– Learn all about SBA eligibility and underwriting requirements that will allow you…
Read MoreSBA Hot Topic Tuesday – Small Businesses Support More Than Half of Rural Employment
September 5, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Small Businesses Support More Than Half of Rural Employment The Federal Reserve Bank’s Small Business Credit Survey shows that 15% of all small businesses with employees are in rural areas. Though rural small businesses make up a small portion of all small businesses, they…
Read MoreFraud Friday – Attorney who Stole Funds for St. Jude’s Children’s Hospital Pleads Guilty to PPP Fraud
September 1, 2023 Delaney SextonContributing Editor Fraud Friday – Attorney who Stole Funds for St. Jude’s Children’s Hospital Pleads Guilty to PPP Fraud A disbarred attorney’s PPP and EIDL fraud was discovered by prosecutors after she lied to the court about her employment status in a separate case. The subsequent investigation revealed that Darlene Baker…
Read MoreThis Just In – 7(a) Fees Effective for Fiscal Year 2024 (Starting October 1)
August 31, 2023 Delaney SextonContributing Editor This Just In – 7(a) Fees Effective for Fiscal Year 2024 (Starting October 1) 7(a) Lender’s Annual Service Fee The FY 2024 Annual Service Fees will be based on the gross loan approval amount including the SBA-guaranteed and unguaranteed portions. The fees will be the following: Lenders are not…
Read MoreColeman Movers & Shakers – Whitney Bouknight, Tricia Abood, and Dorian Guidi
August 31, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Whitney Bouknight, Tricia Abood, and Dorian Guidi Whitney Bouknight Joins First Business Bank as Vice President, SBA Lending First Business Bank welcomes Whitney Bouknight to its SBA Lending team. Whitney leverages more than a decade of experience in nationwide SBA Lending. Her professional journey, beginning with…
Read MoreC-Suite Wednesday – Small Businesses Received Nearly $29 Billion in FY23 So Far
August 30, 2023 Delaney SextonContributing Editor C-Suite Wednesday – Small Businesses Received Nearly $29 Billion in FY23 So Far With only one month remaining in fiscal year 2023, the SBA is not expected to run out of funding. Following the trend of recent years, SBA and lenders have gotten more money out than in 2020…
Read MoreSBA Hot Topic Tuesday – New Legislation was Introduced to Assess SBA Office of Rural Affairs
August 29, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – New Legislation was Introduced to Assess SBA Office of Rural Affairs “Small business owners face many challenges, and that is especially true in rural areas. I was proud to have Jennifer Cassaday from our district come testify last month at our Small Business Committee…
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