January 25, 2013 Add in a fatal dose of celebrity worship by the banker about the rock band, Lights over Paris for this edition of Mug Shot Monday. Frontman, Robb University, partied like a rock star...
Read More →January 25, 2013 Fraud Friday Cowboy Style By Bob Coleman Editor We cover a number of loan fraud schemes where the borrower illegally converts a lender’s collateral, usually cars or receivables A M...
Read More →January 24, 2013 by Karen McHugh SBA Complete, Inc. Now is a good time of the year to get your processes in order. One way to accomplish that worthy goal is to consider what SBA may be looking at whe...
Read More →January 24, 2013 This press release popped up on the web – Bank of America’s new loans to small business jumped 28% nationwide in 2012, and 41% in California alone. Some glowing stats — The...
Read More →January 23, 2013 Here is the new SOP 50 57 By: Ethan W. Smith, Esq. of Starfield & Smith P.C. On January 22, 2013, SBA released SOP 50 57 which covers Servicing and Liquidation requirements for S...
Read More →January 23, 2013 Fox News Small Business Blogger Rohit Arora does service to projecting out a President Obama 2013 small business agenda. This is an interesting stat we haven’t seen before. Roh...
Read More →January 22, 2013 The New York Daily News does a nice job explaining crowdfunding and its implications for Main Street. And they are predicting big things, using terms as “online gold rush” and ...
Read More →January 22, 2013 The SBA Inspector General January Rap Sheet The “false statement” hit parade continues; 1) A Missouri man obtained a $150,000 SBA loan from a bank. The investigation disclosed th...
Read More →January 21, 2013 by CATHERINE CLIFFORD Entrepreneur With the current uncertainty in Washington, D.C., what’s in store for the Small Business Administration this year is a mostly hazy forecast. ...
Read More →January 21, 2013 We see all too many of these stories lately. A cozy relationship with a borrower induces the banker fudge the records to show the borrower current on their loans. This family-owned b...
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