Coleman Report
SBA Hot Topic Tuesday — Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings, Revised SBA Form 1050 Settlement Sheet
May 28, 2019 SBA Hot Topic Tuesday — Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings, Revised SBA Form 1050 Settlement Sheet By Bob Coleman Editor, SBA Hot Topic Tuesday Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings Barry Sloane, Chairman, President and Chief Executive Officer said,…
Read MoreFraud Friday — Bank CEO Charged with $1.2 Million Expense Account Fraud
May 24, 2019 Fraud Friday — Bank CEO Charged with $1.2 Million Expense Account Fraud By Bob Coleman Editor, Fraud Friday Seventy year-0ld retired Wisconsin banker, Archie Overby has been indicted for padding his expense account. The feds allege the former CEO and Chairman of the Board of First National Bank in Waupaca, Wisconsin, defrauded…
Read MoreColeman Movers & Shakers — Bruce Lammers, John Rock, Jason Okuhama, G. Hunt Dawkins, Denise DiDonato
May 23, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Bruce Lammers, John Rock, Jason Okuhama, G. Hunt Dawkins, Denise DiDonato Bruce Lammers Retires from Byline Bank “Retirement for me is a bittersweet moment,” says Bruce. “I’ve had a rewarding career, and having the ability to work with inspiring…
Read MoreColeman Report Update! — Sponsored by America West — SBA 7(a) Premiums, Tareasa Harrell, Ray Drew, Packaging Documentation
May 22, 2019 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by America West — SBA 7(a) Premiums, Tareasa Harrell, Ray Drew, Packaging Documentation Previous Coleman Report Updates!: Coleman Report Update! Archives May 15, 2019 – Coleman Report Update! — SBA 2020 Budget, Puerto Rico Main Street, Mark Willis, Hotel…
Read MoreCPR Report: Actual SBA 7(a) Prepays Go Back Above 16%
CPR Report: Actual SBA 7(a) Prepays Go Back Above 16% By Bob Judge Editor, CPR Report Download the CPR Report In April, total prepays, including paid excess principal (ACPR), came in at 16.41%, a 17% increase from last month’s reading of 14.07%. After correcting for the excess principal being released from the MRF, pool prepays…
Read MoreMain Street Monday – Over 57% of Small Business Owners are Baby Boomers
May 20, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Over 57% of Small Business Owners are Baby Boomers Over 57% of small business owners are baby boomers, according to findings from the latest Small Business Trends survey conducted by Guidant Financial and the LendingClub Corporation. The survey, polling more…
Read MoreFraud Friday – Credit Union VP Pleads Guilty to Fraud
May 17, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Credit Union VP Pleads Guilty to Fraud A former credit union vice president from Vancleave, Mississippi, pled guilty to theft from a credit union in U.S. District Court in Gulfport. Merideth Christina McMillan, 46, was accused of stealing more than $350,000…
Read MoreColeman Movers & Shakers — Itzel Meador, Robert Camara, John Caruso, Daniel Mass, James Mallios
May 16, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Itzel Meador, Robert Camara, John Caruso, Daniel Mass, James Mallios Itzel Meador Named Simmons Bank Regional Sales, Development Manager “Itzel’s passion for serving small business owners is unparalleled and is backed by outstanding experience in the Arkansas market,” says…
Read MoreColeman Report Update! — SBA 2020 Budget, Puerto Rico Main Street, Mark Willis, Hotel Loan Market
May 15, 2019 By Bob Coleman Executive Producer, Coleman Report Update! This week’s topics: – SBA 2020 Budget – Puerto Rico Main Street – Mark Willis – Hotel Loan Market Coleman Report Update Archives
Read MoreSBA Hot Topic Tuesday — PayPal is Officially a Small Business Lending Giant
May 14, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — PayPal is Officially a Small Business Lending Giant From Steven Anderson — paymentweek.com Depending on who you talk to, PayPal is either the top of the heap in small business lending or just fairly near to it. That’s an…
Read More