Coleman Report
57.9% of Family-Owned Businesses Have Operated for 10+ Years
April 29, 2024 Delaney SextonContributing Editor 57.9% of Family-Owned Businesses Have Operated for 10+ Years In April, the SBA Office of Advocacy looked at characteristics of family-owned businesses. They found that 27.3% of all businesses were family-owned (two or more family members own a majority of the business). Family businesses were more likely to operate…
Read MoreNew Jersey Small Businesses: Five Fast Facts
April 29, 2024 Delaney SextonContributing Editor New Jersey Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 New Jersey Small Business Profile
Read MoreMore than $100 Million Missing in Kris Roglieri & Prime Capital Case – Fraud Friday
April 26, 2024 Delaney SextonContributing Editor More than $100 Million Missing in Kris Roglieri & Prime Capital Case – Fraud Friday The receiver of Prime Capital Ventures has now estimated that the potential fraud has surpassed $100 million. As Roglieri’s personal and business bank accounts are being reviewed, the dollar amount is rising. A report…
Read MoreHow to Quickly and Perfectly Close the SBAExpress Loan – A Coleman Webinar 5/8
Are you Taking Advantage of all SBAExpress Waived Lender Requirements for Speedy Closings? A Coleman WebinarDate & Time: Wednesday, May 8, 2024 at 2:00 p.m. Eastern(Includes Recording & E-Certification) 43% of SBA 7(a) Loans are Approved by the lender as SBAExpress Loans. In exchange for a reduced loan guaranty of 50%, SBA also reduces the…
Read MoreColeman Report Live! May 10, 2024 — Fraud Friday @ 1pm
Watch on Teams Watch on Youtube Host: Bob Coleman, Owner/Editor, Coleman Report Co-Host: Lance Sexton, Webinar Instructor, Coleman Report Guest: Delaney Sexton, Editor, Coleman Report
Read MoreFunding Circle’s SBLC License Should be Revoked Says House Small Biz Chair & Senate Small Biz Ranking Member
April 25, 2024 Delaney SextonContributing Editor Chairman Williams & Senator Ernst Ask SBA to Revoke Funding Circle SBLC Yesterday, Chairman Williams and Ranking Member Ernst sent a letter to SBA Administrator Guzman addressing Funding Circle’s SBLC license. Concerns were raised after Funding Circle’s CEO mentioned possibly offloading the US arm of its operations. Since then,…
Read MoreNew Hampshire Small Businesses: Five Fast Facts
April 25, 2024 Delaney SextonContributing Editor New Hampshire Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 New Hampshire Small Business Profile
Read MoreNew Small Business Lending is Up at Mid-Sized and Large Banks
April 24, 2024 Delaney SextonContributing Editor New Small Business Lending is Up at Mid-Sized and Large Banks Continuing from yesterday, the Federal Reserve Bank of Kansas City reported that new lending and interest rates primarily increased, but small banks reported a decrease in new small business lending. These are the facts: Outstanding small business C&I…
Read MoreNevada Small Businesses: Five Fast Facts
April 24, 2024 Delaney SextonContributing Editor Nevada Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Nevada Small Business Profile
Read MoreJaime Aldama Named New President of Momentus Securities
April 24, 2024 Delaney SextonContributing Editor Jaime Aldama Named New President of Momentus Securities “Our primary goal is to help the smaller mission-driven lenders who have historically been underserved by the larger Wall Street banks. Momentus Securities bridges the gap between capital markets and mission-driven lenders, attracting the kind of capital that has not been…
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