Coleman Report
Fraud Friday — Geoff Walsh Gets 30 Months in Bank of Oswego Fraud
February 9, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Geoff Walsh Gets 30 Months in Bank of Oswego Fraud Back in 2012 community bank CEO Dan Heine called in the FBI after discovering his rainmaker banker had gone rogue. Walsh flipped and soon the CEO and CFO were arrested for their part…
Read MoreColeman Movers and Shakers — Patriot Bank Acquires Hana, Jill White, Kelly Klein
February 8, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers and Shakers — Patriot Bank Acquires Hana, Jill White, Kelly Klein Patriot Bank Acquires Hana’s SBA Lending Business “Hana SBL has built a strong reputation with a highly regarded and experienced team,” says Michael Carrazza, Patriot’s Chairman and CEO. “The integration of…
Read MoreColeman Report Update! — PARRiS Review, High Risk Origination, SBA One, Vasu Srinivasan
February 7, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — PARRiS Review, High Risk Origination, SBA One, Vasu Srinivasan The top stories for February 7 Coleman Report Update! Do you know your PARRiS Score? Lance Discusses High Risk Origination Scores SBA One or ETRAN, which do you use? Vasu Srinivasan Inducted…
Read MoreSBA Hot Topic Tuesday — CDC Shuttered due to Excessive CEO Pay — SBA Closes Delval Business Finance
February 6, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — CDC Shuttered due to Excessive CEO Pay — SBA Closes Delval Business Finance The bottom line is if you make more than the President of the United States, $400,000 a year, you are a target by SBA. And as…
Read MoreUnderwriting and Disbursing the SBA 7(a) and 504 Construction Loan
Underwriting and Disbursing the SBA 7(a) and 504 Construction Loan Home Speakers Agenda Registration Learn SBA-compliance requirements for underwriting and documenting your borrowers’ SBA construction loans and protect your SBA guaranty. 75-minutes of Online Training for your staff A Coleman Webinar Date: Wednesday, May 1, 2019 Time: 2:00 p.m. Eastern Download a Registration Form Five…
Read MoreFraud Friday — Nik Patel’s Business Partner, Timothy Fisher Sentencing Hearing Moved to March, Remains Free on Bail
February 2, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Nik Patel’s Business Partner, Timothy Fisher Sentencing Hearing Moved to March, Remains Free on Bail The one Nik Patel business partner who didn’t attempt to flee to Ecuador with him was due to be sentenced this week for his one count guilty plea…
Read MoreColeman’s Movers & Shakers — Rosemarie Codling, Christy Lester, Jonathan Smith, David Griffis
February 1, 2018 By Bob Coleman Editor, Coleman Movers & Shakers Coleman’s Movers & Shakers — Rosemarie Codling, Christy Lester, Jonathan Smith, David Griffis Rosemarie Codling Joins Signature Bank of Georgia as SBA Director of Portfolio Management & Support Services “Gaining a person with Rosemarie’s strong SBA background in portfolio management and support services solidifies…
Read MoreColeman Report Update! — January 31, 2017, SBA 504, Credit Memo, Projections, SBA BDO Summit
January 31, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — January 31, 2017 — SBA 504, Credit Memo, Projections, SBA BDO Summit The top stories for January 31 Coleman Report Update! What is wrong with the SBA 504 Loan Program? Who is our audience when you write the credit memo? Bob…
Read MoreSBA Hot Topic Tuesday — The SBA 504 Loan and the Credit Elsewhere Test
January 30, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — The SBA 504 Loan and the Credit Elsewhere Test I obviously touched a nerve in my solicitation of industry comments regarding SBA’s 504 lending program. Your 150 industry responses expose a huge disconnect between SBA and the execution of…
Read MoreFraud Friday — Nik Patel Claims Access to $35 Million in “Dirty” Money, Family Flees to Ecuador Day after his Arrest, Nik Planned to Buy Rare Diamonds
January 26, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Nik Patel Claims Access to $35 Million in “Dirty” Money, Family Flees to Ecuador Day after his Arrest, Nik Planned to Buy Rare Diamonds Nik Patel Planned to Buy One of the World’s Rarest Diamonds Claims Assets of $35 Million in “Dirty” Money…
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