6% of Small Business Owners Say Financing is their Top Business Concern

June 11, 2024 Delaney SextonContributing Editor 6% of Small Business Owners Say Financing is their Top Business Concern The NFIB Optimism Index rose 0.8 of a point in May, which is the highest reading so far this year. Small business owners’ uncertainty was much stronger this month. The Uncertainty Index increased by 9 points to…

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SBA 7(a) Lending Stats By Gender

June 11, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats By Gender For fiscal year 2024, these are the lending statistics by gender as of June 9, 2024:

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Heritage Bank and Venturus Announce Joint Venture

June 11, 2024 Delaney SextonContributing Editor Heritage Bank and Venturus Announce Joint Venture “Venturus has built an innovative, elevated SBA lending experience for entrepreneurs that combines white glove service, expertise and efficiency,” says H. David Wallace, Heritage Bank Chairman and CEO. “The result is an SBA 7a loan application process simpler for the customer and…

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Nationally Recognized Team Joins Truliant’s SBA Lending Program

June 10, 2024 Delaney SextonContributing Editor Nationally Recognized Team Joins Truliant’s SBA Lending Program Truliant Federal Credit Union announced today a major expansion of its Small Business Administration lending program. Truliant is adding a nationally recognized team of business development officers. The team is headed by Ray Drew, a top-producing SBA 7(a) lender who has…

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Coleman’s SBA 7(a) Loan Closing Update

Essential Information to Safeguard the SBA 7(a) Loan Guaranty; Includes Semi-Monthly Reports & Monthly Zoom Call Coleman’s Closing Report is the only industry report for SBA Loan Closers that features: – SBA Policy Notices– SOP Updates– Advanced Analysis of SBA Requirements– Solutions to Program Challenges– Prudent Lending Advice– SBA Good Citizen Behavior– Gray Area Interpretations–…

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Coleman’s SBA 7(a) Loan Underwriting Update

Essential Information to Safeguard the SBA 7(a) Loan Guaranty; Includes Semi-Monthly Reports & Monthly Zoom Call Coleman’s Underwriting Report is the only industry report for SBA Loan Underwriters that features: – SBA Policy Notices– SOP Updates– Advanced Analysis of SBA Requirements– Solutions to Program Challenges– Prudent Lending Advice– SBA Good Citizen Behavior– Gray Area Interpretations–…

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Broward County Sherriff’s Former Deputy Gets 7 Months for $31K PPP Fraud

June 7, 2024 Delaney SextonContributing Editor Broward County Sherriff’s Former Deputy Gets 7 Months for $31K PPP Fraud The 17 Broward Sheriff’s Office employees who were criminally charged for committing PPP fraud have all gone to trial or accepted a plea deal as of this week. Here are the recent updates on the Broward Sheriff’s…

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Coleman Hotel SBA Loan Update

Includes a Monthly Report & Zoom Call Anyone interested in funding SBA hotel loans needs Coleman’s monthly SBA Hotel Loan Update. Our audience consists of SBA lenders, brokers and brands. Every month you will be informed about the latest trends and news concerning SBA loan financing for the hospitality industry. You will receive: ● Timely and…

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