StoneX Welcomes Karen Bean as Director of Institutional Sales
April 15, 2024 Delaney SextonContributing Editor StoneX Welcomes Karen Bean as Director of Institutional Sales Karen Bean brings more than 20 years’ experience in SBA loan origination services and previously served as a Vice President at Flagstar Bank (formerly Signature Bank). She is joining StoneX’s newly announced SBA loan sales and trading offering. Bean joins…
Read MoreMichigan Small Businesses: Five Fast Facts
April 15, 2024 Delaney SextonContributing Editor Michigan Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Michigan Small Business Profile
Read MoreAvoid These Top 30 SBA 7(a) Loan Exceptions in FY25! – Webinar 10/2
Mistakes Lenders Need to Avoid that Jeopardize the SBA 7(a) Loan Guaranty Attend the Live Webinar EventWednesday, October 2, 20242:00 PM Eastern75-minute training with e-certification Juggling the management of your SBA lending department and loan portfolio is challenging and difficult — but rewarding on a number of levels for everyone when a plan is successfully…
Read MoreBoston Pizzeria Owner Charged with EIDL Fraud and Forced Labor – Fraud Friday
April 12, 2024 Delaney SextonContributing Editor Pizzeria Owner Charged with EIDL Fraud and Forced Labor – Fraud Friday Stavros Papantoniadis was indicted on two counts of wire fraud for allegedly applying for EIDL loans using false representations. He is the owner and operator of Stash’s Pizza, a chain of pizzerias in the Boston area. In…
Read MoreHow SBA’s Proposed Changes to the Lender Risk Rating System Affect You — A Coleman Webinar 5/2
SBA’s New Redwood Small Business Credit Score Attend the Live Webinar EventThursday, May 2, 20242:00 PM Eastern75-minute training with e-certification Hosted by Bob Coleman; Instructed by Brent Ciurlino and Leslie Tripp Impacts of the new SOP 50 56 – Lender Participation Requirements: Are you struggling to stay ahead of the curve in the ever-evolving SBA…
Read MoreSmall Business Optimism Drops to Lowest Level Since 2012
April 11, 2024 Delaney SextonContributing Editor Small Business Optimism Drops to Lowest Level Since 2012 Small Business Optimism The NFIB Small Business Optimism Index decreased by almost a point in March. This sent the index to its lowest reading since December 2012. It is reported that this is the 27th consecutive month below the fifty-year…
Read MoreBenetrends’ Larry Carnell Discusses Business Acquisition Equity Injections for SBA Loans Using 401K Plans
TWO PROGRAMS CHANGING THE LENDING LANDSCAPE The two funding programs that have undoubtedly changed the lending for small businesses were engineered by Benetrends Financial, a business funding and consulting firm established in the early 1980s. The first program has been a relatively well-known vehicle in the franchise community for decades and its popularity has accelerated…
Read MoreMassachusetts Small Businesses: Five Fast Facts
April 11, 2024 Delaney SextonContributing Editor Massachusetts Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Massachusetts Small Business Profile
Read MoreJoin SBA’s New Small Business Lending Advisory Council
April 10, 2024 Delaney SextonContributing Editor Join SBA’s New Small Business Lending Advisory Council On Monday, a notice was published in the Federal Register about the establishment of the Small Business Lending Advisory Council. It is being created to better institutionalize feedback between the SBA and the small business lending ecosystem according to the 7(a)…
Read MoreMaryland Small Businesses: Five Fast Facts
April 10, 2024 Delaney SextonContributing Editor Maryland Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Maryland Small Business Profile
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