Coleman Report

October 31, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — 20% of Self-Employed are Immigrant Entrepreneurs SBA’s Office of Advocacy publishes great content about Main Street and the operators of those small businesses. This October report focuses on the positive impact of immigration and small business creation. An excerpt: The benefits…

October 28, 2016 By Bob Coleman Editor, Fraud Friday The list is long of community bankers who are paying the price for their institution’s failures — SIGTARP boasts 85 indictments, but not one Wall Street Banker is on the list. Now TARP’s Inspector General, Christy Romeo, wants the tools to go after those Wall Street…

October 26, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Top 10 Need-to-Know SBA Hot Topics Every quarter SBA hosts a conference call with its senior staff. The top ten highlights from this month’s call. SOP 5010 updates are expected by the end of year SOP updates will include streamlined franchise and affiliation…

October 25, 2016 By Bob Judge Editor, CPR Report SBA Hot Topic Tuesday: SBA 7(a) Prepays Move Below 8% In August, prepays fell by 15%, going below CPR 8% for the first time since March. A fall in both defaults (CDR) and voluntary prepayments (CRR) was the cause of the decrease. Specifically, defaults fell by…

October 20, 2016 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers BNC Hires Mark Jackson as Senior Business Development Officer, Janet Matthew and Bert Register as BDO “I’ve lent to virtually every industry from hotels, restaurants and convenience stores to manufacturing, power plants, cemeteries and even landfills,” says Jackson. “I enjoy…

October 18, 2016 By Bob Coleman Editor, Coleman Report SBA 7(a) Secondary Market Quotes as of October 18, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.625 +0.000% +0.573% 10 Years P + 2.75 112.125 +0.076% +0.561% 15 Years P + 2.75 113.750 +0.000% +0.573% 20 Years P…