Main 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…

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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…

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C-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…

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SBA 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…

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Main 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.…

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Coleman 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…

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