Coleman Report
Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged
February 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged December 2018 Small Business Optimism Index survey results released by the NFIB Research Foundation highlights include: Capital Holding steady from last month, 61% of small business owners report capital outlays.…
Read MoreFraud Friday — Banker Who Wore Wire Against Colleagues Gets 21 Months in Prison
February 1, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Banker Who Wore Wire Against Colleagues Gets 21 Months in Prison From the Philadelphia Tribune: A former Wilmington Trust loan officer who wore a wire for the FBI and was the government’s key cooperating witness against colleagues was sentenced to 21 months in…
Read MoreColeman Movers & Shakers — Judy Jandro, DJ Kurtz
Coleman Movers & Shakers — Judy Jandro, DJ Kurtz Community Reinvestment Fund Names Judy Jandro Senior Vice President of Small Business Lending. “Judy is a well-recognized finance superstar in the Twin Cities, and we are so grateful to have her join the CRF team,” says Jennifer Anderson, CRF’s President and Chief Financial Officer. “We’re excited…
Read MoreSBA Hot Topic Tuesday — SBA Mulls Poultry Loan Changes — Senators Take Sides
January 29, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Mulls Poultry Loan Changes — Senators Take Sides Senators Chuck Grassley (R-IA) and Jon Tester (D-MT) urge SBA Administrator Linda McMahon to adopt the proposed SBA Regulation that limits financing poultry small business farmers. “As farmers ourselves, we…
Read MoreMain Street Monday — Quick 2018 Small Business Stats, Reports
January 28, 2019 By Bob ColemanEditor, Main Street Monday Main Street Monday — Quick 2018 Small Business Stats, Reports You all know I love stats. Here are some quick small business stats to start out the year, courtesy SBA’s Office of Advocacy. Also, check out SBA’s state reports. They gather the latest federal data into…
Read MoreColeman Report Update! — SBA 7(a) Interim Financing, Puerto Rico Rural Lending Summit, Don Pelgrim, Mascot Factory
January 25, 2019 By Bob ColemanExecutive Producer, Coleman Report Update! This week’s topics: SBA 7(a) Interim Financing Puerto Rico Rural Lending Summit Don Pelgrim, CEO, Wilshire Financing Partners Mascot Factory
Read MoreFraud Friday – Arkansas Businessman Sentenced to Federal Prison for Bank Fraud
January 25, 2019 By Dominic Bartolone Contributing Editor, Fraud Friday Fraud Friday – Arkansas Businessman Sentenced to Federal Prison for Bank Fraud Robert Craig Smith, 55, of El Dorado, Arkansas will spend two years in federal prison, followed by five years of supervised probation after being convicted of bank fraud in federal court. Smith was…
Read MoreColeman Movers & Shakers — Ali Schaal, Angela McDonnel, Chris Bickel
January 24, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Ali Schaal, Angela McDonnel, Chris Bickel Ali Schaal and Angela McDonnel Join Partner as Directors of Funds Control “Partner will continue to leverage top industry talent like Angela and Ali to help provide the very best risk management solutions…
Read MoreC-Suite Wednesday – How the SBA Shutdown Affects SBA Services
January 23, 2019 By Mary Miller Contributing Editor, C-Suite Wednesday C-Suite Wednesday – How the SBA Shutdown Affects SBA Services As the SBA Shutdown continues, there are both immediate and long-term implications for more than ceasing to issue SBA loans. Main Street is not alone in feeling the pinch of what may turn into a…
Read MoreCPR Report: Actual SBA 7(a) Prepays Fall Below 15%
January 23, 2019 By Bob JudgeEditor, CPR Report In December, total prepays, including paid excess principal (ACPR), came in at 14.36%, a 26% decrease from last month’s reading of 19.42%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came in at 12.35%, down 28% from the previous reading of…
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