Coleman Report
Coleman’s Movers and Shakers
June 30, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Guaranty Bank Announces the Hiring of New Chief Lending Officer H. Charles Puls“Charley has an extensive background in community bank management and commercial lending and will be an excellent addition to our executive team. Eric and Micah are experts in their respective lending fields,…
Read MoreHot Topic Tuesday — Big Data Serve Main Street
June 27, 2016 By Bob Coleman Editor, Hot Topic Tuesday Hot Topic Tuesday — Big Data Serve Main Street Bob Coleman: John Brandow, Principle, Founder, BizMiner. John, you’re a big data guy, aren’t you? I’m looking at these numbers, 200,000 data points. Actually, it’s more than that. What is BizMiner and tell us about your…
Read MoreMain Street Monday — SBA Issues Affiliation Rules Effective July 27th
June 27, 2016 By Bob Coleman Editor, Coleman Report Main Street Monday — SBA Issues Affiliation Rules Effective July 27th The seven page notice dated today dumped very early Saturday morning, even late Friday night depending on your time zone.. The meat of the announcement: 9.Amend § 121.301 to revise the section heading and to add paragraph…
Read MoreFraud Friday — Valor Federal Credit Union ex-CEO Pleads Guilty to Stealing $718,000 and Impersonating Board Members
June 23, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Valor Federal Credit Union ex-CEO Pleads Guilty to Stealing $718,000 and Impersonating Board Members Pennsylvania-based Valor Credit Union’s former CEO has pled guilty to two counts of bank fraud. Sean Jelen says he stole $718,000 for his wife’s birthday party, a bunch of…
Read MoreColeman’s Movers & Shakers — David Nayor Joins 44 Capital
June 23, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman’s Movers & Shakers — David Nayor Joins 44 Capital David Nayor Named First Vice President of 44 Business Capital “As a division of Berkshire Bank, 44 Business Capital will continue to leverage our staff’s national experience to build out an exceptional SBA lending…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes
June 21, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday Maturity Price Gross Margin Service Fees Net Margin Prime Rate 8 Yrs. 109.75000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 10 Yrs. 113.70000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 15 Yrs. 114.00000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 20 Yrs. 116.12500 2.750% 1.0000% 0.5980% 1.1520% 3.50% 25 Yrs.…
Read MoreMain Street Monday — Five Quick Small Business Stats — Owner Comp and Employment Numbers
June 20, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Five Quick Small Business Stats — Owner Comp and Employment Numbers I love stats. Since you are reading this, I suspect you are one of the number crunching aficionados out there also. Today’s stats courtesy of the SBA Office of Advocacy.…
Read MoreColeman’s Movers and Shakers
June 16, 2016 By Bob Coleman Editor, Movers and Shakers Liberty SBF Secures $75 Million in B Round Capital Raise, Expands Credit Facility Commitments, Expands Relationship with Capital One “Liberty SBF expects to originate over $200MM in 504 loans in the next 12 months on asset types that range from industrial and self-storage facilities to…
Read MoreC-Suite Wednesday: CPR Report — SBA 7(a) Prepays Go Above 8%
June 15, 2016 C-Suite Wednesday: CPR Report — SBA 7(a) Prepays Go Above 8% By Bob Judge Editor, CPR Report In April, prepays jumped back above CPR 8% for the first time this year. The cause of this increase was a double-digit rise in both voluntary prepayments (CRR) and defaults (CDR). Specifically, voluntary prepayments rose by…
Read MoreSBA Hot Topic Tuesday — ABA, ICBA Urge Changes to Small Business Lending Oversight Bill, SLPC Update
June 14, 2016 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — ABA, ICBA Urge Changes to Small Business Lending Oversight Bill, SLPC Update Last week, the Senate Small Business and Entrepreneurship Committee reported the Small Business Lending Oversight bill out of committee and sent it to the full Senate. “Passing these…
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