Coleman Report

SBA Hot Topic Tuesday — Linda McMahon’s Opening Statement at her Senate Confirmation January 24, 2017 By Bob Coleman Editor, Coleman Report Testimony of Linda McMahon Nominee to Be Administrator U.S. Small Business Administration Download Opening Remarks Thank you, Chairman Risch, Ranking Member Shaheen, and members of the Committee. I’m honored to have your consideration…

January 23, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Listen to SBA Administrator Nominee Linda McMahon’s Hearing Tomorrow Tuesday, January 24, 2017 10:30 AM Eastern View the confirmation hearing here live. Reprinted from the December 13, 2016 Coleman Report Linda McMahon’s #1 Priority as SBA Administrator Should be. . .…

January 20, 2017 By Bob Coleman Editor, Fraud Friday SEC Charges Lawyer with Stealing Investor Money in EB-5 Offerings Last month, the SEC charged a California-based attorney with defrauding investors seeking to participate in the EB-5 immigrant investor program, stealing their money to buy a yacht and prop up his other businesses. The SEC says…

January 19, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers and Shakers — America East Slated for Boston, Aug 2-4 One if by Land, and Two if by Sea… this year BOSTON is Where We’ll Be We are excited to announce the 2017 location for America East. This year’s conference will be…

January 18, 2017 By Bob Coleman Coleman Special Report Senate Announces Linda McMahon SBA Confirmation Hearing — Tues, Jan 24th. The Senate Committee on Small Business and Entrepreneurship will hold a hearing for the confirmation of of Linda E. McMahon to be Administrator of the Small Business Administration. The hearing will be webcast live on…

January 18, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — In Defense of SBA Lending Students in Coleman’s SBA 7(a) Loan Underwriting class are asked to submit an elevator pitch in defense of SBA’s lending programs. Here are a few of their well-reasoned responses. Chris SBA lending programs are necessary for a vibrant…

January 17, 2017 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — SBA 7(a) Oversight Fees Slightly Lowered. SBA is lowering fees charged to SBA 7(a) lenders for their annual oversight reviews. PLP lenders — $145.50 per $1 million of guaranteed loans Non-delegated lenders — $126.64 per $1 million of guaranteed loans.…

January 13, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Another Community Bank President Indicted for Bank Failure Last month, the former President, CEO and Chairman of the Board of one of Oklahoma’s oldest community bank was indicted on 23 charges of bank fraud for rolling over delinquent loans to his borrowers. 66-year…

January 12, 2017 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — SBA Loan Software Companies Merge CDC Ventures and Anchor Commercial Services Merge CDC Ventures, an affiliate of CDC Small Business Finance, and Anchor Commercial Services have merged effective Jan. 1. The two firms provide SBA loan processing software systems…

January 10, 2017 SBA Hot Topic Tuesday — An Open Letter to The New Senate Small Business Committee Chairman By Mike Thomas Founder & CEO, Thomas USAF Group, LLC Senator Risch, All of us in SBA & USDA lending are excited about you being the new Chairman of the Small Business Committee. On December 8th,…