Coleman Report

May 12, 2017 Fraud Friday — Two Rockford Bank & Trust SBA VPs Indicted for SBA Loan Fraud By Bob Coleman Editor, Fraud Friday Jim Graber, 57, Senior Vice President at Rockford Bank and Trust Company Kristin King, 45, Vice President and Government Lending Manager at Rockford Bank and Trust (Source: LinkedIn) A Federal Grand…

May 11, 2017 Coleman’s Movers & Shakers — Rich Grant Named Senior Vice President for Bay Area Development By Bob Coleman Editor, Movers & Shakers “Rich has tremendous industry depth as well as strategic long term relationships and we are thrilled to have him join our executive team,” says CEO Jim Baird. “It’s no secret…

May 9, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Hotel Room Supply Now Exceeds Demand in Many U.S. Markets One of the takeaways from last month’s Coleman 9th Annual Hospitality Financing Webinar is supply, due to the influx of many newly constructed hotel rooms, will outstrip demand in many markets — particularly…

May 9, 2017 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of May 9, 2017 Maturity Spread Price Monthly % Change 8 Years P + 2.75 109.550 +0.046% 10 Years P + 2.75 114.550 +1.077% 15 Years P + 2.75 114.400 +0.571% 20 Years P +…

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…

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…

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,…

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.…

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…

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…