Coleman Report
SBA 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…
Read MoreColeman Movers & Shakers — John Bickley, Brian McClendon, Miriam Torres & Houck/Dillard
January 25, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — John Bickley, Brian McClendon, Miriam Torres & Houck/Dillard John Bickley Joins Entegra Bank as Director of SBA Lending Roger Plemens, President and Chief Executive Officer of the North Carolina-based bank, says, “We are excited to add John to our…
Read MoreColeman Report Update! — SBA 7(a) Legislation, New SBA Equity Injection Rules, Chuck Evans
January 24, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — SBA 7(a) Legislation, New SBA Equity Injection Rules, Chuck Evans The top stories for January 24 Coleman Report Update! Patricia Husic, President & CEO, Centric Financial Corporation Testifying on behalf of the American Bankers Association at the House Small Business Committee…
Read MoreSBA Hot Topic Tuesday — What is Wrong with the SBA 504 Loan Program?
January 23, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — What is Wrong with the SBA 504 Loan Program? Buried in the avalanche of SBA news last week — the SBA 7(a) oversight hearing and looming federal government shutdown — was a Friday afternoon letter from NADCO expressing frustration…
Read MoreMain Street Monday — How SBA Will Look in a Government Shutdown
January 22, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — How SBA Will Look in a Government Shutdown While the federal government shutdown ends today, the 29-page SBA contingency plan for a lapse in appropriations remains in effect. Prepared in August 2017, the plan identifies staff that will be exempt and…
Read MoreFraud Friday — Nik Patel Paid $40,000 for Private Jet Charter to Ecuador, Claimed he Received Political Asylum
January 19, 2018 Fraud Friday — Nik Patel Paid $40,000 for Private Jet Charter to Ecuador, Claimed he Received Political Asylum By Bob Coleman Editor, Fraud Friday More details have emerged about Nik Patel’s arrest for trying to flee the United States to Ecuador on an India passport. Nik, 34, had pled guilty to a…
Read MoreColeman Movers & Shakers — Exclusive Invitation to Coleman Report’s Death Valley Trip, March 16-18
January 18, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Exclusive Invitation to Coleman Report’s Death Valley Trip, March 16-18 CDC Small Business Finance’s Catherine Riddle Named NADCO’s Vice Chair “NADCO gives us a voice in the aggregate,” Catherine says. “Instead of just one CDC, we can talk about…
Read MoreColeman Report Update! — New Bicameral SBA 7(a) Legislation!
January 17, 2018 By Bob Coleman Editor, Coleman Report Update! Coleman Report Update! — New Bicameral SBA 7(a) Legislation! The top stories for January 17 in the Coleman Report Update! VPodcast. New Bicameral SBA 7(a) Legislation Congress’ Definition of Credit Elsewhere Interview with Pat Mackrell, Chairman, NADCO Previous Coleman VPodcasts: December 18, 2017 January 10,…
Read MoreSBA Hot Topic Tuesday — View Congressional Hearing on SBA 7(a) Legislation Live Tomorrow Morning
January 16, 2017 SBA Hot Topic Tuesday — View Congressional Hearing on SBA 7(a) Legislation Live Tomorrow Morning Check back with this link to view the House Committee on Small Business hearing, “Strengthening SBA’s 7(a) Loan Program.” The hearing will take place at 11:00 A.M. EST on Wednesday, January 17, 2018 in Room 2360 of…
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