Coleman Report Update
Coleman Report Live! February 23, 2024 — Fraud Friday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Fountainhead CCGuest: Delaney Sexton, Editor, Coleman Report; Jennifer Blumig, President, EventfullyYourz
Read MoreInsurance Coverage Required for SBA 7(a) Loans — Webinar Thursday, February 29 @ 2PM EST
When to Obtain the 15 Types of Insurance Coverage Listed in Newly Released SOP 5010 7.1 Attend the Live Webinar EventThursday, February 29, 20242:00 PM Eastern75-minute training with e-certification Do you know SBA’s SOP referenced types of insurance SBA lenders must obtain at loan closing?(Hint: Hazard, Wind, Hail, Earthquake, State Mandated, Marine, Flood, Life, LiabilityProduct…
Read MoreColeman Report Live! February 16, 2024 — Fraud Friday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Fountainhead CCGuest: Delaney Sexton, Editor, Coleman Report
Read MoreLive Oak Bank Tops Wyoming SBA 7(a) Lender FY23 List
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 5 $9,700,000 $1,940,000 2 Newtek Small Business Finance, Inc. (NY) 2 $5,350,000 $2,675,000 3 Exos Small Business Lending LLC (CO) 1 $5,000,000 $5,000,000 4 Wells Fargo Bank, National Association (SD) 2 $4,765,000 $2,382,500 5 Byline Bank (IL) 1 $4,462,500 $4,462,500…
Read MoreThe Huntington National Bank is West Virginia’s Top SBA 7(a) Lender for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 79 $13,363,000 $169,152 2 GBank (NV) 2 $6,100,000 $3,050,000 3 Live Oak Banking Company (NC) 3 $3,800,000 $1,266,667 4 Community Trust Bank, Inc. (KY) 6 $3,168,300 $528,050 5 WesBanco Bank, Inc. (WV) 1 $3,000,000 $3,000,000 6 Millennium Bank (IL) 1…
Read MoreColeman Report Live! February 2, 2024 — Fraud Friday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Fountainhead CCGuests: Delaney Sexton, Editor, Coleman Report
Read MoreColeman Report Live! January 29, 2024 — Main Street Monday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Fountainhead CCGuests: Delaney Sexton, Editor, Coleman Report
Read MoreThe Top 30 SBA 7(a) Loan Exceptions Found in 2023 — Webinar Wednesday, June 12 @ 2PM EST
Mistakes Lenders Need to Avoid that Jeopardize the SBA 7(a) Loan Guaranty Attend the Live Webinar EventWednesday, June 12, 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 MoreOld National Bank and US Bank are the Top Wisconsin SBA 7(a) Lenders for FY23
RANK Lender # Loans $ Amount Average Loan Size 1 Old National Bank (IN) 31 $31,966,300 $1,031,171 2 Byline Bank (IL) 24 $28,088,000 $1,170,333 3 Nicolet National Bank (WI) 28 $19,090,600 $681,807 4 Citizens Community Federal National Association (WI) 27 $18,945,000 $701,667 5 Hiawatha National Bank (WI) 45 $18,849,400 $418,876 6 Live Oak Banking Company…
Read MoreAmerican Momentum Bank Expands Western US Footprint with Vic Calonder Appointment as Senior Vice President
“Vic has more than 20 years of banking experience along with a background in restaurant ownership and entrepreneurship,” says Patrick Fenech, senior vice president and managing director of SBA lending for American Momentum Bank. “His experience resonates with small business owners and brings added value to clients navigating the SBA loan process. We’re thrilled to…
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