California Launches $25 Million Small Business Loan Fund
California Launches $25 Million Small Business Loan Fund Additionally, it will support the deployment of $1.1 billion in federal funding separately approved for capital support programs from the California Infrastructure and Economic Development Bank (IBank) and the California Pollution Control Financing Authority. Lenders across the state are expected to leverage the $1.1 billion in…
Read MoreGulf Coast Small Business Lending Announces Hiring of Cathie Hendrix
Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix From divisional headquarters in DALLAS, TX, April 3rd, 2024 – Gulf Coast Small Business Lending (GCSBL) announced today that it has hired Cathie Hendrix as Senior Vice President – Business Development Officer in Oregon. “Cathie is a fantastic addition to our Gulf Coast Small Business…
Read MoreColeman Report Live! April 5, 2024 — Fraud Friday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Coleman ReportGuest: Delaney Sexton, Editor, Coleman Report
Read MoreSBA’s 7(a) Connect Quarterly Update Scheduled Tuesday, April 9th 3:00pm Eastern
Topics 7(a) Working Capital Program Lender Match SBA’s Risk Mitigation Framework PPP Forgiveness Program Hardship Accommodation Plan (HAP) Secondary Market Update Join SBA’s call here View on Coleman Report YouTube Channel
Read MoreFulton Bank, First American Bank, Lake Michigan Credit Union Named SBA Export Lenders of the Year
During fiscal year 2023, the SBA guaranteed $495 million in financing to small business exporters, which supported over $1.3 billion in export sales. Fulton Bank is a community bank headquartered in Lancaster, Pennsylvania, with operations in New Jersey, Maryland, Delaware, Pennsylvania, Virginia, and Washington, D.C. “We are proud to be named as an Export Lender…
Read MoreKentucky Small Businesses: Five Fast Facts
April 3, 2024 Delaney SextonContributing Editor Kentucky Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Kentucky Small Business Profile
Read MoreColeman’s Certified SBA Loan Training for 2025
Coleman’s Certified SBA Loan Broker Training Taught by Bob Coleman– Semi-monthly Zoom calls & 8-week recommended course format (view syllabus here)– Monetize your referrals and solve your client’s capital needs– Includes 6 months of attendance at the Coleman Lender and Loan Broker Table– Learn all about SBA eligibility and underwriting requirements that will allow you…
Read MoreFunding Circle Responds: Plans to Launch 7(a) Loan Operations
April 2, 2024 Delaney SextonContributing Editor Funding Circle Responds: Plans to Launch 7(a) Loan Operations Early in March, Funding Circle CEO Jacobs said “Whilst the US business offers attractive long term growth, it also requires a significant amount of cash and capital to grow the small business administration (SBA) proposition and we don’t believe that…
Read MoreKansas Small Businesses: Five Fast Facts
April 2, 2024 Delaney SextonContributing Editor Kansas Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Kansas Small Business Profile
Read MoreSenate Committee Chair Shaheen’s Opening Statement at SBA Oversight Hearing
April 1, 2024 Delaney SextonContributing Editor Senate Committee Chair Shaheen’s Opening Statement at SBA Oversight Hearing “As Chair of this committee and as a member of the Senate Appropriations Committee, I am firmly committed to making sure that entrepreneurs have every opportunity to realize their dreams. But for our small businesses to succeed, SBA will…
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