Coleman Report
Fraud Friday – Billion Dollar Fraudsters Get Additional Charges
February 8, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Billion Dollar Fraudsters Get Additional Charges Federal prosecutors in Salt Lake City filed new charges against executives and two employees of an energy company over a fraudulent renewable tax credit scheme. A grand jury returned a second indictment against the CEO…
Read MoreColeman Movers & Shakers — Michael Amon, Ashley Olejnik, Lamar Bailes, Atlantic Stewardship Bank
February 7, 2019 Coleman Movers & Shakers — Michael Amon, Ashley Olejnik, Lamar Bailes, Bill Hand, Matt Foster, Atlantic Stewardship Bank First National Bank (PA) Names Michael Amon Director of SBA Lending “Our SBA lending group plays an important role in supporting our middle market clients,” says Bryant Mitchell, vice president of capital markets and…
Read MoreC-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard
February 6, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard Down Under bank, Suncorp, is under fire for aggressively collecting five outstanding small business loans to the family of an Australian entrepreneur who died unexpectedly. The bank demanded the family sell the business to…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) and 504 Post Shutdown Q&A
February 5, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA 7(a) and 504 Post Shutdown Q&A The following Q&A has been edited for clarity. Here is the original notice issued last week. SBA 7(a) Interim Loans Q: Can a 7(a) Lender provide an interim loan during an SBA…
Read MoreMain Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged
February 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged December 2018 Small Business Optimism Index survey results released by the NFIB Research Foundation highlights include: Capital Holding steady from last month, 61% of small business owners report capital outlays.…
Read MoreFraud Friday — Banker Who Wore Wire Against Colleagues Gets 21 Months in Prison
February 1, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Banker Who Wore Wire Against Colleagues Gets 21 Months in Prison From the Philadelphia Tribune: A former Wilmington Trust loan officer who wore a wire for the FBI and was the government’s key cooperating witness against colleagues was sentenced to 21 months in…
Read MoreColeman Movers & Shakers — Judy Jandro, DJ Kurtz
Coleman Movers & Shakers — Judy Jandro, DJ Kurtz Community Reinvestment Fund Names Judy Jandro Senior Vice President of Small Business Lending. “Judy is a well-recognized finance superstar in the Twin Cities, and we are so grateful to have her join the CRF team,” says Jennifer Anderson, CRF’s President and Chief Financial Officer. “We’re excited…
Read MoreSBA Hot Topic Tuesday — SBA Mulls Poultry Loan Changes — Senators Take Sides
January 29, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Mulls Poultry Loan Changes — Senators Take Sides Senators Chuck Grassley (R-IA) and Jon Tester (D-MT) urge SBA Administrator Linda McMahon to adopt the proposed SBA Regulation that limits financing poultry small business farmers. “As farmers ourselves, we…
Read MoreMain Street Monday — Quick 2018 Small Business Stats, Reports
January 28, 2019 By Bob ColemanEditor, Main Street Monday Main Street Monday — Quick 2018 Small Business Stats, Reports You all know I love stats. Here are some quick small business stats to start out the year, courtesy SBA’s Office of Advocacy. Also, check out SBA’s state reports. They gather the latest federal data into…
Read MoreColeman Report Update! — SBA 7(a) Interim Financing, Puerto Rico Rural Lending Summit, Don Pelgrim, Mascot Factory
January 25, 2019 By Bob ColemanExecutive Producer, Coleman Report Update! This week’s topics: SBA 7(a) Interim Financing Puerto Rico Rural Lending Summit Don Pelgrim, CEO, Wilshire Financing Partners Mascot Factory
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