September 3, 2013 By Bob Coleman Editor, Coleman Report Several things pop out to me in this New York Post Subway article, and they are all bad from a small business loan underwriting and portfolio risk management standpoint. 1) Subway is buying market share at the expense of its bottom line with their $4 and…

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August 29, 2013 By Bob Coleman Editor, Coleman Report The Community Bank Named Great Lakes SBA Community Lender of the Year The SBA Community Lender of the Year Award is presented to a community bank with the best overall performance among community lenders with assets under $1 billion out of the three SBA district states…

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August 28, 2013 By: Janet M. Dery, Esquire Starfield & Smith, P.C. Tax lien and judgment searches assist lenders when they analyze their borrowers’ collateral and evaluate their character. The search should be made on the borrowing entity, its principals and, often times, on any guarantors (especially if the lender is lending to the guarantors…

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August 26, 2013 By Karen McHugh SBA Complete Last week, we started a discussion of how we at SBA Complete approach SBA loan compliance reviews. As you may recall, we explained that our narrative report provides a summary of key findings, critical issues, and recommendations for best practices. We covered some “critical issues” in our…

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August 22, 2013 Thursday’s Mover and Shaker – Jeanne Hulit Named Acting SBA Administrator The big announcement this week is Jeanne Hulit has been appointed Acting SBA Administrator. Jeanne will do an awesome job of being a strong advocate for Main Street. Check out this Coleman Report newsletter article I wrote about Jeanne when she…

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August 20, 2013 By J.D. Harrison Washington Post One of the U.S. Small Business Administration’s lending and investment experts will assume the agency’s top role when the current administrator steps down at the end of the month. Jeanne Hulit, the SBA’s Associate Administrator and head of the Office of Capital Access, will take over for…

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August 19, 2013 By Bob Coleman Editor, Coleman Report The dog days of summer and a slow news cycle certainly don’t apply to today’s fraudsters. I had three stories for Mug Shot Monday. Overwhelmed with my choices, I’ve simply decided to go with all three! I’ve railed against the policy that Wall Street bankers are…

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