Coleman Report

February 9, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman’s Movers and Shakers — Jerry Tarnapol and Team Join Icon Bank Jerry Tarnapol and Team Join Icon Bank The newly expanded SBA group at Icon Bank of Texas includes: (standing l-r) Lizzette De La Rosa, Lidia Doria, Luis Deleza, Nathan Kerr, Jerry Tarnopol,…

February 8, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Your Active SBA Capline Lenders Thank you to those that responded to our SBA Capline lending survey. Here is the first industry list of self-reported SBA Capline lenders. If you wish to be added to the list, or modify your listing, please send…

February 7, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Are you an SBA CAPLINE Lender? Last week, I received an email asking who are the CAPLINE lenders out there? I went to the data base and discovered lenders only approved 459 SBA 7(a) CAPLINE loans totaling $331 million…

February 6, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — 7 Reasons Linda McMahon is a Great Pick for SBA Administrator Great analysis by Small Business Trends’ Anita Campbell: 1. McMahon Has Actually Made Payroll 2. McMahon Has Bounced Back from Business Failure 4. McMahon Wants Fast Disaster Relief for Small…

February 2, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers and Shakers — Charles Green Named BDO for ReadyCap Lending “Charles is a great addition to our team given his experience and reputation in the industry,” says John Moshier, President of ReadyCap. “His wealth of knowledge in the SBA arena adds to…

January 31, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Senate Small Biz Committee Votes 18-1 in Favor of Linda McMahon New Jersey Senator Corey Booker cast the lone nay vote against SBA Administrator Nominee Linda McMahon this morning. The overwhelming vote paves the way for McMahon to become…

January 30, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Greater Nevada CU and West Town Bank & Trust Top USDA B&I Lending for 2016 Many of you know I am an unabashed fanboy for the Department of Agriculture business and industry lending program getting capital to Rural America’s Main Street.…

January 27, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Community Bank Chairman and Founder Gets 11 Months In Jail for TARP Fraud Barry Bekkedam, aged 49, crime? Creating a false TARP application. “Lending drives economic growth and law enforcement plays an important role in protecting banks’ ability to lend by removing criminals…

January 26, 2017 By Bob Judge Editor, CPR Report CPR Report — SBA 7(a) Prepays Slightly Lower for 2016 Read the full report here. In December, prepays fell by 10%, going below CPR 7% for the first time since March. A slight rise in defaults (CDR) was more than offset by a decrease in voluntary…

January 25, 2017 By Janet Annan Guest Contributor Partner Engineering C-Suite Wednesday — Environmental Requirements for Concentrated Animal Feeding Operation SBA Loans In response to a recent lawsuit that was filed against SBA with regard to a feedlot loan, SBA is currently requiring additional environmental review for loans involving concentrated animal feedlots, including dairy, cattle,…