Coleman Report
CPR Report: Actual 7(a) Prepays Go Back Above 16%
February 20, 2019 By Bob Judge Editor, CPR Report CPR Report: Actual 7(a) Prepays Go Back Above 16% In January, total prepays, including paid excess principal (ACPR), came in at 16.38%, a 14% increase from last month’s reading of 14.36%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came…
Read MoreColeman 2019 SBA “BDO of the Year” and SBA BDO Summit
Nominations Open for Coleman 2019 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach Winners *must* attend! Are you a high performing SBA Business Development professional or know someone who is? This is the perfect opportunity to be recognized for your individual achievements or…
Read MoreSBA Hot Topic Tuesday — SBA Releases Updated SOP 5010 5 (K)
February 19, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Releases Updated SOP 5010 5 (K) Effective April 1, 2019 Here is the 11-page SBA Information Notice outlining the changes to SBA 7(a) and 504 loan programs. Here is a link to download SOP 5010 5 (K) Be…
Read MoreColeman Report Update! — Fountainhead Commercial Capital, Equity Injection, Linda McMahon, McCune Companies, Upcoming SBA Events
February 15, 2019 By Bob Coleman Executive Producer, Coleman Report Update This week’s topics: Fountainhead Commercial Capital Receives SBA Lending License Equity Injection Takeaways Linda McMahon speaks to the Small Business Committee McCune Companies Upcoming SBA Industry Events
Read MoreFraud Friday – $100M Florida Fraud Leads to Bank Failure
February 15, 2019 By Dominic Bartolone Contributing Editor, Fraud Friday Fraud Friday – $100M Florida Fraud Leads to Bank Failure An eccentric businessman who hobnobbed with Miami’s elite is headed to federal prison after being found guilty of fraud on a financial institution. Jack Kachkar, 55, former CEO of Inyx, a specialty pharmaceutical company in…
Read MoreWhat you Need to Know about SBA’s New SOP 50 10 5(K)
The major rewrite of SBA’s Standard Operating Procedure includes numerous changes to SBA’s 7(a) and 504 lending programs effective April 1.
Coleman webinar instructor and former SBA Deputy Director of the Little Rock Commercial Loan Center, Lance Sexton will review and walk you through all the changes in this professional, concise presentation.
Read MoreColeman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster
February 14, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster Michael Utterback Named VP, Loan Origination by SomerCor, Four Other Promoted “Mike’s experience across commercial banking, community development, special assets and SBA lending…
Read MoreC-Suite Wednesday — Nominations Open for Coleman 2018 SBA “BDO of the Year” and SBA BDO Summit
February 13, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Nominations Open for Coleman 2018 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach
Read MoreMain Street Monday — Decreased Revenues Reflect Decreased Optimism
February 11, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Decreased Revenues Reflect Decreased Optimism Stats reported from the first quarterly Wells Fargo/Gallup Small Business Index of 2019 show a decrease in small business owners optimism levels. The overall index score came in at 106, reflecting a decline of 23…
Read MoreColeman Report Update! — Interim Financing, Importance of a Hotel Flag, SBA Women Business Centers, Tammy Youst, Centennial Bank
February 8, 2019 By Bob Coleman Executive Producer, Coleman Report Update! This weeks topics: Interim Financing Importance of a Hotel Flag SBA Women Business Centers Tammy Youst, Centennial Bank
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