Coleman Report
Main Street Monday — Main Street More Optimistic than Ever Says U.S. Bank
May 8, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Main Street More Optimistic than Ever Says U.S. Bank “Business owners are gaining confidence in the economy. For most owners, the recession is long over and now they’re making plans to expand,” says John Elmore, Vice Chairman of Consumer and Business…
Read MoreFraud Friday — Regions Bank Senior VP Pleads Guilty to Bribery and Fraud Charges
May 5, 2017 Fraud Friday — Regions Bank Senior VP Pleads Guilty to Bribery and Fraud Charges By Bob Coleman Editor, Fraud Friday Through its wholly-owned subsidiary, Regions Equipment Financing Company, Regions Bank offered business customers equipment financing and lease options. Philip Cooper worked for Regions Bank as REFCO’s asset manager. Cooper says he and…
Read MoreSBA Hot Topic Thursday Special Edition — Seven More Moves for Linda!
May 4, 2017 By Bob Coleman Editor, SBA Hot Topic Thursday Special Edition SBA Hot Topic Thursday Special Edition — Seven More Moves for Linda! Yesterday I published a guest editorial of the seven moves SBA Administrator Linda McMahon could make to improve the 504 loan program. Nice, positive feedback from a lot of you,…
Read MoreColeman Movers & Shakers — Union Bank Names 4 SBA BDOs
May 4, 2017 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Union Bank Names 4 SBA BDOs “Small business owners across the West Coast are optimistic about the business opportunities ahead and we are expanding our team to support their growing needs,” says Kristen (Didi) Hakes, head of SBA Lending.…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of May 3, 2017
May 3, 2017 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of May 3, 2017 Maturity Spread Price 6 Month % Change 8 Years P + 2.75 109.550 +0.28% 10 Years P + 2.75 114.550 +2.05% 15 Years P + 2.75 114.400 +0.79% 20 Years P…
Read MoreC-Suite Wednesday: Seven Moves the New SBA Administrator Can Make to Smackdown Tepid Economic Growth While Championing Small Businesses
May 3, 2017 By Chris Hurn Guest Contributor C-Suite Wednesday: Seven Moves the New SBA Administrator Can Make to Smackdown Tepid Economic Growth While Championing Small Businesses If you were a child or had children in the past 30 years or so, there is a fair chance that you have at least a passing knowledge…
Read MoreSBA Hot Topic Tuesday — SBA Lending, Small Biz Lending Stalls
May 2, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Lending, Small Biz Lending Stalls Of all of the monthly and quarterly reports tracking small business lending and optimism, I believe the Thomson Reuters/PayNet Small Business Lending Index is one of the most accurate. March’s report, released yesterday,…
Read MoreMain Street Monday — National Small Business Webinars and Fresno Event
May 1, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — National Small Business Webinars and Fresno Event Here are some useful National Small Business Week free webinar events that you, your staff, or your small business clients may find useful. The U.S. Economic Outlook and Its Impact on Small Businesses Presented…
Read MoreFraud Friday — SBA Borrower Guilty of Loan Fraud for Failing to Disclose Payroll Tax Liability
April 27, 2017 Fraud Friday — SBA Borrower Guilty of Loan Fraud for Failing to Disclose Payroll Tax Liability By Bob Coleman Editor, Fraud Friday Guilty as charged Clinton Tackitt told the judge. Clinton got a $1.5 million SBA-guaranteed loan for his business, Allied Roofing Systems, LLC, in 2012. Problem is the application to Missouri-based…
Read MoreColeman Movers & Shakers — Former Sacramento SBA District Director Joins Golden Pacific Bank as EVP and Chief Business Officer
April 27, 2017 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Former Sacramento SBA District Director Joins Golden Pacific Bank as EVP and Chief Business Officer “It is with great pleasure that we welcome Joe McClure to our team,” says Richard Claussen, Chairman of GPB. “Joe has vast experience with…
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