Coleman Report
Main Street Monday — Free Webinars @ National Small Business Week May 1-3
April 23, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Free Webinars @ National Small Business Week May 1-3 The U.S. Small Business Administration and SCORE Association will host a free, 3-Day Virtual Conference during National Small Business Week. The conference will take place Tuesday, May 1 – Thursday, May 3…
Read MoreFraud Friday — Two Borrowers Jailed for Loan Fraud, Lying to SBA
April 20, 2018 Fraud Friday — Two Borrowers Jailed for Loan Fraud, Lying to SBA By Bob Coleman Editor, Fraud Friday On Tuesday, Harold Halman, II, 58 got 36 months. Alexander Schaap, 62, got 30 months. Craighton Boates, 44, received five years’ probation. The three were principals of Global Medical Equipment of Arizona. They defrauded…
Read MoreColeman Movers & Shakers — Jim Roby, StonehamBank, CDC Small Business Finance Wins SBA Award
April 19, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Jim Roby, StonehamBank, CDC Small Business Finance Wins SBA Award Jim Roby Appointed Director of SBA Lending at Pacific Mercantile Bank “We are excited to launch our new SBA lending efforts under Jim Roby’s leadership,” says Tom Vertin, President…
Read MoreColeman Report Update! — SBA Onsite Reviews, SBA Quarterly Talking Points, Lender Match, Woman’s Business Centers
April 18, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — SBA Onsite Reviews, SBA Quarterly Talking Points, Lender Match, Woman’s Business Centers Previous Coleman Report Updates!: April 11, 2018 — 25 Year 504 Loan Debentures, Credit Elsewhere, Census Bureau Stats April 4, 2018 — Workout Feasibility Test, Emergency SBA Secondary Market…
Read MoreSBA Hot Topic Tuesday — Coleman 2017 SBA BDO Winners!
April 17, 2018 SBA Hot Topic Tuesday — Coleman 2017 SBA BDO Winners! Congratulations to our six Coleman 2017 SBA BDO Winners! Sponsored by Government Loan Solutions, a panel of three judges reviewed over 30 outstanding submissions in choosing this year’s winners. This year’s winners: Amy Amorose, Quantum National Bank Jennifer Davis, TMC Financing Brian Hunt, BBVA…
Read MoreColeman Movers & Shakers — Kerry Williams, Sam Tuyen, Stephen Whang
April 12, 2018 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Kerry Williams, Sam Tuyen, Stephen Whang Capital National Bank Names Kerry Williams Director of Government Guaranteed Lending for Over the past 8 years, Kerry has been a Lending Manager at Wells Fargo SBA Lending and Suntrust SBA Lending. During…
Read MoreColeman Report Update! — 25 Year 504 Loan Debentures, Credit Elsewhere, Census Bureau Stats
April 4, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — 25 Year 504 Loan Debentures, Credit Elsewhere, Census Bureau Stats This week’s top stories: • 25 Year 504 Loan Debentures • Credit Elsewhere • Census Bureau Stats Previous Coleman Report Updates!: April 4, 2018 — Workout Feasibility Test, Emergency SBA Secondary…
Read MoreSBA Hot Topic Tuesday — Takeaways from Today’s SBA 7(a) Lender Call
April 10, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Takeaways from Today’s SBA 7(a) Lender Call View the SBA 7(a) Connect Call April 2018 Presentation Every quarter SBA hosts a quarterly call for the lending community Here are the takeaways from today’s SBA’s 7(a) Connect Call held at…
Read MoreMain Street Monday — Small Business Delinquencies Edging Up
April 9, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Delinquencies Edging Up Says PayNet in their April 2018 small business lending report. The Thomson Reuters / PayNet Small Business Delinquency Index (SBDI) 31–90 Days Past Due edged up to 1.39% in February and is up five basis points…
Read MoreFraud Friday — Fraudulent Financial Statements Key in Orchestrating $30 Million Fraud
April 6, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Fraudulent Financial Statements Key in Orchestrating $30 Million Fraud “Judy Tull and Kay Ellison stole passengers’ money to try and prop up their failing company,” says Acting Assistant Attorney General Cronan. “Their brazen scheme created a multimillion dollar shortfall that left passengers stranded…
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