July 17, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — New Lender Portfolio Intelligence from SBA’s Lender Portal The new update will allow you to view your portfolio to show: 2-Year trendlines for PARRiS/SMART metrics Concentration tables for industry segments, franchises, and geographic lending area Number of loans and/or…

July 16, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Manufacturer’s Optimism at All-Time Highs Says the National Association of Manufacturers. Another study touting Main Street optimism — 95.1% rate business outlook as positive, an all time survey high. Check out the stats of manufacturers’ expected growth rate for the next…

July 13, 2018 Fraud Friday — All Hat, No Cattle in $5.8 Million Fraud By Bob Coleman Editor, Fraud Friday A North Texas man who claimed he was a cattle rancher appears to have misled banks to borrower millions against cows he did not own. The investigation which began in March 2017, resulted in the…

July 12, 2018 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Cesar Freire, Collin Batchelor, Roxane Sanchez Cesar Freire Joins Fountainhead Commercial Capital as Senior Credit Analyst “Cesar has embraced our corporate culture during his extended internship, and we are pleased to have him as a full-time member of our…

July 11, 2018 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — 83% Say Make USDA B&I Zero Subsidy In our unscientific poll from Monday. The Farm Bill calls for USDA’s community facilities and REAP loan programs to be operated at zero subsidy — all loan losses will be covered by borrower and lender fees.…

July 10, 2018 CPR Report: Actual 7(a) Prepays Go Above 17% By Bob Judge Editor, CPR Report In June, total prepays, including paid excess principal (ACPR), came in at 17.59%, a 20% increase from last month’s reading of 14.69%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came in…

July 9, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Should the USDA B&I Loan Program Convert to Zero Subsidy? While the Farm Bill has passed the House and the Senate, details need to be worked out in a conference committee before it is sent to the President for his signature.…

July 6, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Two Jacksonville City Council Members Indicted for SBA Loan Fraud In 2011, Katrina Brown obtained an SBA loan for $2.6 million, as well as a loan of $380,000 and grant of $260,000 from the City of Jacksonville to fund a BBQ sauce company,…