Coleman Movers & Shakers – Tom Zernick, Robin Oliver, and Mario Boschmann
February 3, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Tom Zernick, Robin Oliver, and Mario Boschmann Tom Zernick is Promoted to President of First Home Bank and Robin Oliver is Promoted to COO and CFO “It is my great pleasure to announce these two promotions and acknowledge the exceptional commitment and results both…
Read MoreSBA Hot Topic Tuesday – Consumers Spending More on “Gathering and Travel” as Pandemic Continues
February 1, 2022 Delaney SextonContributing Editor Hot Topic Tuesday – Consumers Spending More on “Gathering and Travel” as Pandemic Continues From Yelp’s 2021 Annual Report: In Q4 2021, several travel categories saw improvements compared to 2020. Consumer interest in luggage storage went up 101%, interest in airport shuttles went up 66%, travel agent interest increased…
Read MoreMain Street Monday – Main Street Inventory Highest in Three Years
January 31, 2022 Delaney SextonContributing Editor Main Street Monday – Main Street Inventory Highest in Three Years “The outlook for the economy near-term must be pretty good as the demand for labor and for inventories is at historic high levels, obviously needed to take advantage of current sales opportunities. But the outlook for the economy…
Read MoreFraud Friday – Trouble over the Pond with COVID Bounce Back Loan Scheme (BBLS)
January 28, 2022 Delaney SextonContributing Editor Fraud Friday – Trouble over the Pond with COVID Bounce Back Loan Scheme (BBLS) “I am beyond words. People were working every hour god sent to find solutions,” says one senior UK bank executive. UK banks are fearing that they will face backlash over the rampant fraud within the UK’s…
Read MoreColeman Movers & Shakers – Itzel Meador, Anthony LaMarca, and Randy Wolfe
January 27, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Itzel Meador, Anthony LaMarca, and Randy Wolfe First Security Bank Hires Itzel Meador as SBA Lending Director “We’ve always said our customers get to choose when they get to bank with us and when they don’t. It’s always on their time, not ours. This…
Read MoreParticipate in Coleman’s 29th Annual 2022 SBA Department Compensation Survey and Receive a Free Report!
January 26, 2022 Joseph ColemanManaging Editor Your SBA lending team is invited to participate in Coleman’s 29th 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 their email addresses to…
Read MoreSBA Hot Topic Tuesday – Form 1086 Update and Coleman’s 14th Annual Secondary Market Summit
January 25, 2021 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Form 1086 Update and Coleman’s 14th Annual Secondary Market Summit Form 1086 was recently updated by the SBA, and the revised Form 1086 should be used for loan sales by January 31, 2022. Page two of the Secondary Participation Guaranty Agreement now includes the…
Read MoreMain Street Monday – USDA Announces New $1.4 Billion Government Guaranteed Loan Program for Food Supply Chain Businesses
January 24, 2022 Delaney SextonContributing Editor Main Street Monday – USDA Announces New $1.4 Billion Government Guaranteed Loan Program for Food Supply Chain Businesses Effective immediately, the U.S. Department of Agriculture is forming a Food Supply Chain Guaranteed Loan Program. The program is intended to expand access to financing for food systems infrastructure and create…
Read MoreParticipate in Coleman’s 29th Annual 2022 SBA Department Compensation Survey and Receive a Free Report!
January 21, 2022 Joseph ColemanManaging Editor Your SBA lending team is invited to participate in Coleman’s 29th 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 their email addresses…
Read MoreFraud Friday – Jailed Sonoma Valley Bank Execs’ Prison Sentence Voided
January 21, 2022 Delaney SextonContributing Editor Fraud Friday – Jailed Sonoma Valley Bank Execs’ Prison Sentence Voided The appellate panel of judges claim that the case relied too heavily on the bank officers being responsible for the bank’s collapse. At the time of Sonoma Valley Bank’s closure, the Great Recession was wreaking havoc on the…
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