Coleman Report
Fraud Friday — Jury Finds Two Arkansas Community Bankers Not Guilty of Bank Fraud
November 18, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Jury Finds Two Arkansas Community Bankers Not Guilty of Bank Fraud Former One Bank & Trust community bankers Michael Heald and Brad Paul have been acquitted of charges related to a 2007 loan after a three-week trial in federal court in Little Rock.…
Read MoreColeman Movers & Shakers — VEDC Appoints Rudy Navarro as Chief Credit Officer
November 17, 2016 Coleman Movers & Shakers By Bob Coleman Editor, Movers and Shakers VEDC Appoints Rudy Navarro as Chief Credit Officer “Rudy joins VEDC at a time when we are poised to assist more entrepreneurs than ever before in the history of the organization,” says Robert Lopez, chief operating officer for VEDC. “His experience…
Read MoreC-Suite Wednesday — Use SBA to Create Jobs!
November 16, 2016 C-Suite Wednesday — Use SBA to Create Jobs! By Bob Coleman Editor, C-Suite Wednesday Thanks to the nearly 100 readers who participated in yesterday’s informal survey about the Trump Administration’s SBA Nominee. Given our readership, it is predictable, 70% suggest some experience as a SBA lender would be ideal. And several note…
Read MoreSBA Hot Topic Tuesday — Give your Opinion about Trump’s SBA Administrator in our Coleman One-Minute Poll
November 15, 2016 SBA Hot Topic Tuesday — Give your Opinion about Trump’s SBA Administrator in our Coleman One-Minute Poll By Bob Coleman Editor, SBA Hot Topic Tuesday Take the One Minute Survey Your ideal SBA Administrator would come from which sector?: Banking Fortune 500 Government Service Academia/Research Small Business Owner Anything Specific you would…
Read MoreMain Street Monday — 63% Say Trump Administration Good for SBA
Main Street Monday — 63% Say Trump Administration Good for SBA By Bob Coleman Editor, Main Street Monday In our unscientific survey. 207 of you responded, 131 voting a Trump Administration will be good for SBA. 44% say Trump will increase SBA’s loan authority. 25% vote for no impact. Only 31% say SBA’s loan authority…
Read MoreColeman’s Movers and Shakers — Russell Hughes Named SBA Manager at Houston Federal Credit Union
November 10, 2016 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers Russell Hughes Named SBA Manager at Houston Federal Credit Union With more than twenty five years of banking experience, Russell Hughes has had direct involvement with all management and administrative responsibilities of SBA lending, operations and personnel management. Most recently,…
Read MoreC-Suite Wednesday — A Coleman One Minute Poll about SBA and President Trump
November 9, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — A Coleman One Minute Poll about SBA and President Trump What do you think? A Trump Administration… Is good for SBA Is bad for SBA Under a Trump Administration SBA’s lending programs… Will increase Will decrease There will be no change Comments We’ll…
Read MoreSBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion
November 8, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion SBA approved more than 70,000 loans in the 7(a) and 504 loan programs in FY16 — nearly $29 billion. SBA claims the loans support nearly 700,000 jobs. SBA…
Read MoreMain Street Monday: “Pop-Up” Liquidation Strategies: An Evolution in Effective Inventory Monetization
November 7, 2016 By Ben T. Nicholson President, Fortis Business Advisors Contributer, Main Street Monday Main Street Monday: “Pop-Up” Liquidation Strategies: An Evolution in Effective Inventory Monetization To characterize a worse-case scenario of an asset-based loan gone bad, imagine a financial institution repossessing the collateralized inventory assets from a loan in default. The borrower is…
Read MoreColeman Movers & Shakers Friday, November 4, 2016
November 4, 2016 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers Santa Cruz County Bank Hires Barbara Perkins as BDO, SBA/USDA Lending Ms. Perkins has more than 19 years of government guaranteed (SBA, USDA & B&I) experience in lending. Perkins is the bank’s newest Vice President of SBA Lending, SBA and…
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