Coleman Report

Coleman’s 6th Annual Gas Station/C-Store SBA Financing Webinar Home Speakers Agenda Registration Gain Expertise to Build a Quality SBA 7(a) Gas Station Loan Portfolio, Avoiding Losses and Repairs and Denials Special Tips for Obtaining SBA 504 Loan Approvals. A 75-minute webinar that lets staff earn e-certification. Date RESCHEDULED: Wednesday, September 19, 2018 Time: 2:00 p.m.…

June 2, 2017 Fraud Friday — Hotel Down Payment Cash Injection Fraud Sends One to Jail, One on Probation By Bob Coleman Editor, Fraud Friday In January 2009, Joseph Garrison was recruited as a straw buyer for two Celtic Bank hotel loans in Texas. He received a $2 million SBA 7(a) loan to purchase a…

June 1, 2017 By Bob Coleman Editor, Coleman’s Movers & Shakers Coleman’s Movers & Shakers — America East Agenda Set, Boston August 2-4 Download the conference agenda here Register here Brad Heritage Named Sr. VP, Business Development of Northeast Bank’s SBA Lending Division “We are excited to have Brad join Northeast Bank. With his extensive…

May 31, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Main Street Delinquencies Remain Low Concludes Paynet’s Q1 Small Business Credit Outlook Report. Small businesses remain in a healthy position relative to historical delinquency trends and are exhibiting modest default rates. Private companies are keeping their financial powder dry. The Thomson Reuters/PayNet Small…

May 26, 2017 Fraud Friday — Abacus Federal Savings Bank: Small Enough to Jail By Bob Coleman Editor, Fraud Friday A new indie film is garnering rave reviews about a small New York Chinatown bank that was the only bank indicted after the 2008 financial crisis. Abacus Federal Savings Bank was accused of 240 counts…

May 25, 2017 By Bob Coleman Editor, Coleman’s Movers & Shakers Coleman Movers & Shakers Thursday — Dime Community Bank Names Rob Dwyer SVP Dime Community Bank Names Rob Dwyer Senior Vice President and Head of SBA Lending “Rob’s extensive experience in SBA lending will be an invaluable asset to our clients and to the…

May 23, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — No Cuts to SBA 7(a) or 504 in Trump’s 2018 Budget It’s a one line statement on page 43 of the President’s proposed fiscal 2018 budget released this morning. There is no change from the SBA budget overview issued…

By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Nominate Someone for Coleman’s 2017 SBA Lending Awards Nominations are open for outstanding and innovative SBA lending professionals in the following three categories. 2017 Top-25 SBA Lending Professionals 2017 Top-10 Women of SBA Lending 2017 Top-10 Young Professionals of SBA Lending Awards are open to all…

May 19, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday Exclusive Mugshot — USA vs Mark Feathers — His SBA Fraud Timeline   Mark Feathers April 24, 2017 Glenn E. Dyer Detention Center, Oakland Mugshot obtained under the California Public Records Act The Historical Timeline of USA vs Mark Feathers The Historical Timeline of…

By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Mark Brooks Named Small Business Manager of Tompkins Bank of Castile “Mark Brooks has been an integral part of our small business lending program for several years,” says John McKenna, president and CEO of Tompkins Bank of Castile . “He is committed…