Coleman USDA Rural Loan Update 

The $5 Billion Guaranty Commercial Loan Programs for Rural America;Includes a Weekly Report and a Monthly Zoom Call USDA’s B&I, Rural Energy and Community Facilities guaranty loan programs are an excellent complement product for SBA lenders. But, the logistics are different. Bob Coleman says “Consider this analogy. SBA 7(a) loan production is an assembly line…

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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 Report

Essential Information to Safeguard the SBA 7(a) Loan Guaranty Coleman’s Closing Report is the only industry report forSBA Loan Closers that features: SBA Policy NoticesSOP UpdatesAdvanced Analysis of SBA RequirementsSolutions to Program ChallengesPrudent Lending AdviceSBA Good Citizen BehaviorGray Area InterpretationsActions Affecting the PaRRIS ScoreBenchmark Performance Standards Published semi-monthly, the subscription price includes an unlimited site…

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Coleman’s SBA 7(a) Loan Underwriting Report

Essential Information to Safeguard the SBA 7(a) Loan Guaranty Coleman’s Underwriting Report is the only industry report forSBA Loan Underwriters that features: SBA Policy NoticesSOP UpdatesAdvanced Analysis of SBA RequirementsSolutions to Program ChallengesPrudent Lending AdviceSBA Good Citizen BehaviorGray Area InterpretationsActions Affecting the PaRRIS ScoreBenchmark Performance Standards Published semi-monthly, the subscription price includes an unlimited site…

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