C-Suite Wednesday – Business Ownership is Driven by Opportunity, Not Necessity

November 9, 2022 Delaney SextonContributing Editor C-Suite Wednesday – Business Ownership is Driven by Opportunity, Not Necessity In a report released yesterday, the SBA Office of Advocacy discussed the reasons small business owners chose to run a business. “While making money is a large reason business owners work for themselves, personal reasons can be just…

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SBA Hot Topic Tuesday – SBA Proposes to Add Three More SBLC Licenses

November 8, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – SBA Proposes to Add Three More SBLC Licenses “SBA has determined that certain markets where there are capital market gaps continue to struggle to obtain financing on non-predatory terms. Therefore, SBA is proposing to lift the moratorium on licensing new Small Business Lending Companies…

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C-Suite Wednesday – Bob Coleman Live at 2022 NACLB

November 2, 2022 Delaney SextonContributing Editor C-Suite Wednesday – Bob Coleman Live at 2022 NACLB Bob Coleman will be speaking at the 2022 National Alliance of Commercial Loan Brokers Conference and Expo live from Las Vegas on Thursday, November 3, 2022 at 12:00 p.m. ET. The 8th annual NACLB Conference & Expo will provide education…

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SBA Hot Topic Tuesday – SBA Streamlines Lending Criteria in Rule Proposal

November 1, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – SBA Streamlines Lending Criteria in Rule Proposal “The U.S. Small Business Administration (SBA or Agency) is proposing to amend various regulations governing SBA’s 7(a) Loan Program and 504 Loan Program, including use of proceeds for partial changes of ownership, lending criteria, loan conditions, reconsiderations,…

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Main Street Monday – SBA Proposes Eliminating Tax Returns From Family Members

October 31, 2022 Delaney SextonContributing Editor Main Street Monday – SBA Proposes Eliminating Tax Returns From Family Members In a proposed rule released by SBA last week, they mention removing a paragraph about affiliation based on identity of interest “because SBA believes it is inherently unfair and impractical to require close relatives to provide multiple…

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Fraud Friday – Former Wells Fargo Fraud Analyst Indicted for $1 Million PPP Fraud

October 28, 2022 Delaney SextonContributing Editor Fraud Friday – Former Wells Fargo Fraud Analyst Indicted for $1 Million PPP Fraud Tamakia Harris along with another bank employee, Shavondra White, are being accused of fraudulently obtaining PPP funds. Cedric Benton, was also indicted for the alleged PPP fraud scheme. Harris, the fraud analyst, is now facing…

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