Coleman Report
Fraud Friday — How Not to Get Ripped Off in a Patel-Like Fraud
March 30, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — How Not to Get Ripped Off in a Patel-Like Fraud Nik Patel’s travel buddy who chartered a jet to Ecuador and successfully executed a $7 million USDA b&i loan fraud while Nik was sitting in jail, and almost got away another $7 million,…
Read MoreColeman Movers & Shakers — Joseph Kelly Jr, Arman Fernandez, Scott Klug, Chelsea LaRue-Mioduszewski
March 29, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Joseph Kelly Jr, Arman Fernandez, Scott Klug, Chelsea LaRue-Mioduszewski Joseph Kelly Appointed VP, Director of Small Business Lending for CBT Bank Joseph P. Kelly Jr. has been appointed vice president, director of small business lending. Kelly started his banking…
Read MoreColeman Report Update! — Small Business Regulations, SBA File Review, 7(A) Liquidation Deadline, SBDC Day
March 28, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — Small Business Regulations, SBA File Review, 7(A) Liquidation Deadline, SBDC Day This week’s top stories: • Small Business Regulations • SBA File Review • 7(A) Liquidation Deadline • SBDC Day Previous Coleman Report Updates!: March 21, 2018 — Coleman Report Update!…
Read MoreCORRECTED COPY: SBA Hot Topic Tuesday — Congress Passes, President Fully Funds SBA Budget for 2018
March 27, 2018 By Bob Coleman Editor, Coleman Report CORRECTED COPY: SBA Hot Topic Tuesday — Congress Passes, President Fully Funds SBA Budget for 2018 Buried in last week’s Omnibus Appropriations Act of 2018 was passage of SBA’s budget for 2018. SBA 7(a) and SBA 504 budget authority will be sufficient to meet demand through…
Read MoreMain Street Monday — Bank of America Survey Finds Hispanic Entrepreneurs Overwhelmingly Optimistic About Future
March 26, 2018 By Bob Coleman Editor, Coleman Report Main Street Monday — Bank of America Survey Finds Hispanic Entrepreneurs Overwhelmingly Optimistic About Future “Hispanic small business owners expect robust economic growth, higher revenue and increased hiring in 2018,” says Elizabeth Romero, Small Business Central Division executive, Bank of America. “As one of the fastest-growing…
Read MoreFraud Friday — Ex-Mayor, Bank SVP Sentenced to 13 Years for $6 Million Loan Fraud
March 23, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Ex-Mayor, Bank SVP Sentenced to 13 Years for $6 Million Loan Fraud A photoshop fake loan documents expert who was an ex-mayor, bank executive and church leader of Enid, Oklahoma — 65 year-old Ernie Currier — will be spending his golden retirement years…
Read MoreColeman Movers & Shakers — Morgan Johns, Phillip Mulder, Billy Szeto, Growth Capital, David Brindley
March 22, 2018 By Bob Coleman Editor, Movers & Shakers Coleman Movers & Shakers — Morgan Johns, Phillip Mulder, Billy Szeto, Growth Capital, David Brindley Benetrends Financial Names Morgan Johns Director of SBA and Bank Financing “We welcome Morgan to the Benetrends team and will help us further enhance the success we’ve had with our…
Read MoreColeman Report Update! — Fraud Prevention, Economy, Hotel Financing, SBA Requirements for 10% Minority Shareholders
March 21, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — Fraud Prevention, Economy, Hotel Financing, SBA Requirements for 10% Minority Shareholders This week’s top stories: • Fraud Prevention • The Economy • Hotel Financing • SBA Requirements for 10% Minority Shareholders Previous Coleman Report Updates!: March 14, 2018 — Coleman Report…
Read MoreSBA Hot Topic Tuesday — C-PACE Financing
March 20, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — C-PACE Financing SBA Procedural Notice 5000-17051, March 13, 2018 On July 26, 2016, SBA issued Procedural Notice 5000-1387, entitled “C-PACE Financing.” As explained in that notice, Property Assessed Clean Energy for commercial property (C-PACE) is a method of financing…
Read MoreMain Street Monday — ADP Says Small Business Hiring is Rocking and Rolling
March 19, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — ADP Says Small Business Hiring is Rocking and Rolling Private sector employment increased by 235,000 jobs from January to February according to the February ADP National Employment Report “The labor market continues to experience uninterrupted growth,” says Ahu Yildirmaz, vice president…
Read More