February 17, 2023 Delaney SextonContributing Editor Fraud Friday – Former First NBC Bank President and CEO Guilty of 46 Fraud Charges “Ashton Ryan’s fraud scheme to deceive regulators and the public resulted in one of the largest bank failures since the financial crisis. His conviction sends a clear message that bank executives who commit fraud…

February 16, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Michael Schulze, Adam Wuebker, and Garcia & Ortiz, P.A. Michael Schulze Joins Oak Valley Community Bank as VP, Commercial Banking Officer “We are excited to have Michael on the commercial banking team,” states Gary Stephens, EVP Commercial Banking Group. “Michael is well-established in Turlock.…

February 15, 2023 Delaney SextonContributing Editor C-Suite Wednesday – Department of Defense Aims for Higher Small Business Participation “Small businesses occupy a central position in the American economy and way of life. They account for over ninety-nine percent of all employer firms and generate over forty-four percent of our Nation’s economic activity,” says the Department…

February 14, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – More than 50% of Small Business Owners are Uninterested in a Loan NFIB’s January Small Business Economic Trends report was published today, and small business owners are feeling slightly more optimistic about business conditions but are still concerned with the small business economy. Here…

February 13, 2023 Delaney SextonContributing Editor Main Street Monday – New House Oversight Plans for SBA Capital Access Programs “As Chairman, I intend to focus this Committee’s attention and resources on conducting rigorous oversight of costly regulatory burdens that are harming small businesses. Members of this Committee will be fierce advocates for free market principles…

40 states have been approved for SSBCI funding16 states are accepting SSBCI applications through lendersUnderstand SSBCI 2.0 2023 Requirements for Lenders A Coleman Training WebinarDate: Wednesday, March 8, 2023Time: 2:00pm EasternDownload a Registration Form The State Small Business Credit Initiative (SSBCI) was reinstated in March 2021 with $10 billion in funding as part of the American Rescue…

February 10, 2022 Delaney SextonContributing Editor Fraud Friday – SBA COVID Relief Used to Buy Six Cars, a Yacht, Jewelry, and More A Missouri business owner, John Michael Felts, was sued by the federal government and is accused of using multiple companies to defraud the EIDL program and PPP. Additionally, he applied for loans using…

• Understand SBA’s 2023 Collateral Requirements• How to Document for Collateral Exempted From Your SBA 7(a) Loan A Coleman Training WebinarDate: Wednesday, February 22, 2023Time: 2:00pm EasternDownload a Registration FormA 75-Minute Training Class That Lets Staff Earn E-Certification SBA regulations are clear that your underwriting analysis must show how the borrower will repay the loan…

February 9, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Tray Mounce, Greg Sandau, and Rob Hertenstein Vantage Bank names Tray Mounce as Houston Co-Market President “We are thrilled to welcome Tray to our leadership team in the Houston region,” says Vantage Bank’s President and CEO, Jeff Sinnott. “His dedication to serving and guiding…

February 8, 2023 Delaney SextonContributing Editor C-Suite Wednesday – State Small Business Credit Initiative Funds Three California Programs The U.S. Treasury provided $1.18 billion in funds from the State Small Business Credit Initiative 2.0 to California. Funds were divided equally between IBank and the California Pollution Control Financing Authority (CPCFA). Over the course of eight…