Coleman Report
Main Street Monday – SBA Celebrates Women’s History Month
March 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – SBA Celebrates Women’s History Month March is Women’s History Month and the SBA proudly recognizes the many contributions made to economic development and growth pioneered by women-owned small businesses. The official theme for Women’s History Month 2019 is “Visionary Women:…
Read MoreColeman Report Update! — Quickbooks Study, SBA Processing Times, New 5010 5 (K) Equity Injection Rules, North Park, PMC Commercial Trust
March 1, 2019 By Bob ColemanExecutive Producer, Coleman Report Update! Th This weeks topics: Quickbooks Study SBA Processing Times New 5010 5 (K) Equity Injection Rules North Park PMC Commercial Trust
Read MoreFraud Friday — Bank Officer Sentenced for Embezzlement
March 1, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — Bank Officer Sentenced for Embezzlement A former Mississippi bank officer has been sentenced to two years in federal prison for embezzling funds from a bank where he worked after the bank received $34 million in government assistance from the United States…
Read MoreColeman Movers & Shakers — Mike Pierson, Kerrin Yannotta, Vonezell Pittman, Raj Badri, Elise Roper, Fred Schmid, Ryan Foley
February 28, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Mike Pierson, Kerrin Yannotta, Vonezell Pittman, Raj Badri, Elise Roper, Fred Schmid, Ryan Foley Gulf Coast Small Business Lending Announces The Promotion of Mike Pierson to Regional Sales Manager / Senior Vice President Nimi Natan, Division President and CEO…
Read MoreC-Suite Wednesday — Quickbooks Says a Third of Small Businesses Can’t Make Payroll, Pay Bills
February 27, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Quickbooks Says a Third of Small Businesses Can’t Make Payroll, Pay Bills The study found that the majority of small businesses around the world (61%) struggle with cash flow, and nearly a third (32%) are unable to either pay vendors, pay back pending…
Read MoreMain Street Monday – Grooming Future Entrepreneurs through SBA’s Emerging Leaders Program
February 25, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Grooming Future Entrepreneurs through SBA’s Emerging Leaders Program Throughout the country, the SBA is kicking off its comprehensive training program for budding entrepreneurs for 2019. Since 2008, the SBA’s Emerging Leaders Program has trained and helped launch over 5,000 small…
Read MoreFraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud
February 22, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud East Haven, Connecticut former mayoral candidate and school board chairman, John T. Finkle III, has been charged with defrauding an Illinois company of more than $1.5 million. Finkle was arraigned Feb.…
Read MoreColeman Report Update! — America West, Linda McMahon Approval Rating, Assisted Living SBA Lending, Offer in Compromise, LenCred
February 22, 2019 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — America West, Linda McMahon Approval Rating, Assisted Living SBA Lending, Offer in Compromise, LenCred
Read MoreColeman Movers & Shakers — Don Fracchia, Claire Huse, Chris Sanz, Daniel Oliver
February 21, 2019 Coleman Movers & Shakers — Don Fracchia, Claire Huse, Chris Sanz, Daniel Oliver Don Fracchia Named Head of Wells Fargo SBA Division “SBA lending is an important part of Wells Fargo’s support for our small business customers,” says Laura Oberst, head of Wells Fargo’s Business Banking Group. “Don is a proven leader…
Read MoreCPR 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…
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