Coleman Report

October 13, 2017 By Bob Coleman Editor, Coleman Report Breaking News — SBA Releases Updated SBA 1919, 1920, Other Forms Effective 10/12/17. The forms and the SBA notice are attached. SBA One users can continue to use the forms generated thru SBA One (Old version) until SBA One is updated . The updated new SBA…

October 13, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday Part II — Newtek Stock Down 10%, Says FBI Executed Search Warrant on Banc-serv Newtek, said today its subsidiary, banc-serv, was served with a search warrant by the FBI in Westfield, Indiana. “Newtek closed on its $5.4 million investment in banc-serv in June 2016.…

October 13, 2017 Fraud Friday — Uh Oh, FBI Raids Banc-serv Campus, Locks Doors By Bob Coleman Editor, Fraud Friday The nation’s largest SBA loan service provider Indiana’s office were raided and its doors were padlocked by the FBI. Banc-serv claims over 400 SBA 7(a) lenders in 45 states as clients. Writes the Indianapolis Star…

October 12, 2017 Developing. . . . LEADING SBA LOAN SERVICE PROVIDER OFFICES RAIDED BY FBI By Bob Coleman Editor, Coleman Report DOORS PADLOCKED! Several agents wearing blue gloves and FBI jackets were visible through large windows on two floors as they searched files and took photographs inside several different rooms in the banc-serve location…

October 12, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Roxann Middleton Burns Joins California Bank of Commerce Roxann Middleton Burns Joins California Bank of Commerce as Executive Vice President of its New Emerging Business Division “Roxann has built an excellent reputation in the Small Business Administration lending market…

October 11, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Coleman 2017 Mission-Based Small Business Lenders of the Year About the 2017 Coleman small business lending professional awards The Coleman Report is awarding 2017 small business lending professional awards in six categories. Main Street Lenders of the Year SBA 7(a) Lenders of the…

October 10, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA 504 Lenders of the Year About the 2017 Coleman small business lending professional awards The Coleman Report is awarding 2017 small business lending professional awards in six categories. Main Street Lenders of the Year SBA 7(a) Lenders of…

October 9, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Coleman 2017 Main Street Lenders of the Year About the 2017 Coleman small business lending professional awards The Coleman Report is awarding 2017 small business lending professional awards in six categories. Main Street Lenders of the Year SBA 7(a) Lenders of…

October 5, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Marty Teckler Joins Blank Rome Marty Teckler Joins Blank Rome “We are thrilled to welcome Martin to the Firm,” says Alan J. Hoffman, Chairman and Managing Partner. “Martin’s previous role as deputy GC for the SBA for more than…

October 5, 2017 By Bob Coleman Editor, Coleman Report The 2017 Coleman Emerging Leader Awards for Small Business Lending Professionals Jessica Gassmann, SBA Lead Loan Processor, Fidelity Bank, Georgia Jessica has long exemplified a level of commitment to SBA lending that can serve as a model for others. She began her career as a commercial…