Coleman Report Update
Alabama SBA 7(a) Lender Ranking for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 22 $35,021,500 $1,591,886 2 Synovus Bank (GA) 9 $20,736,400 $2,304,044 3 Newtek Small Business Finance, Inc. (NY) 12 $16,912,500 $1,409,375 4 Berkshire Bank (MA) 4 $11,063,400 $2,765,850 5 Readycap Lending, LLC (NJ) 11 $10,613,100 $964,827 6 SouthPoint Bank (AL) 8…
Read MoreTexas SBA 7(a) Lender Rankings for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 121 $207,203,900 $1,712,429 2 Wallis Bank (TX) 80 $138,772,200 $1,734,653 3 The Huntington National Bank (OH) 388 $99,083,000 $255,369 4 Newtek Small Business Finance, Inc. (NY) 121 $81,986,100 $677,571 5 Readycap Lending, LLC (NJ) 108 $76,724,800 $710,415 6 First Internet…
Read MoreHouse Small Business Committee Wants SBA to Collect COVID Loans Less than $100k
Says Chair Roger Williams, “The COVID-19 pandemic broke the SBA. The agency failed to detect upwards of $200 billion in potential fraud in their lending programs and now has decided to end active collections on loans of $100,000 or less. “The SBA should be treating these taxpayer-funded loans the same way as any business owner…
Read MoreNew Email and Processing Tips to Resolve Error 4363 for Existing SBA Loans
Many lenders and borrowers are complaining their SBA loan applications are lying in a black hole with Etran 4363 processing compliance codes errors.Most can be resolved with additional information. However, clearing error codes about existing SBA loans is problematic SBA is generally prohibited from sharing details about compliance issues on existing SBA loans directly with…
Read MoreColeman Report Update! — Sponsored by the 11th Annual Coleman SBA Secondary Market Summit — Medical Finance Performance, 2018 Coleman Lender Awards, Kickstagram, Shay Mora
November 28, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by the 11th Annual Coleman SBA Secondary Market Summit — Medical Finance Performance, 2018 Coleman Lender Awards, Kickstagram, Shay Mora This weeks topics: Medical Finance Performance 2018 Coleman Lender Awards Kickstagram Shay Mora, FrandFund Previous Coleman Report Updates!: November…
Read MoreColeman Report Update! — Linda McMahon Approval Rating at 67%, Personal Resource Test, 159 Fee Disclosures, Machinetek, Sanat Patel, Avana Capital
November 14, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Linda McMahon Approval Rating at 67%, Personal Resource Test, 159 Fee Disclosures, Machinetek, Sanat Patel, Avana Capital This week’s topics: Linda McMahon Approval Rating at 67% Personal Resource Test 159 Fee Disclosures Machinetek Sanat Patel, Avana Capital Previous Coleman Report…
Read MoreColeman Report Update! — Sponsored by National Rural Lenders Roundtable — Newtek, Packaging Fees, Charge Offs, Business Development Venture Solutions, SBA Veterans Program
November 7, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by National Rural Lenders Roundtable — Newtek, Packaging Fees, Charge Offs, Business Development Venture Solutions, SBA Veterans Program This week’s topics: Newtek Packaging Fees Charge Offs Business Development Venture Solutions SBA Veterans Program Previous Coleman Report Updates!: November 7,…
Read MoreColeman Report Update! — Sponsored by SBA Complete, SBA Processing Times, Boefly, SBA Underwriting Errors, Litigation
October 31, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by SBA Complete, SBA Processing Times, Boefly, SBA Underwriting Errors, Litigation This week’s topics: SBA Processing Times Boefly SBA Underwriting Errors Litigation Previous Coleman Report Updates!: October 31, 2018 — Coleman Report Update! — Sponsored by SBA Complete, SBA…
Read MoreColeman Report Update! — Sponsored by Rural Lenders Roundtable — SBA Loan Broker Fees, Litigation Expense, Berkeley Pizza
October 26, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by Rural Lenders Roundtable — SBA Loan Broker Fees, Litigation Expense, Berkeley Pizza This week’s topics: SBA Loan Broker Fees Litigation Expenses Berkeley Pizza Previous Coleman Report Updates!: October 26, 2018 — Coleman Report Update! — Sponsored by Rural…
Read MoreColeman Report Update! — Sponsored by SBA Complete — Linda McMahon Skydiving, Small Business Loan Demand, SBA Loan Packaging, Fees, Business Credit Reports
October 19, 2018 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by SBA Complete — Linda McMahon Skydiving, Small Business Loan Demand, SBA Loan Packaging, Fees, Business Credit Reports This week’s topics: Linda McMahon Skydiving Small Business Loan Demand SBA Loan Packaging Fees Business Credit Reports Previous Coleman Report Updates!:…
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