Coleman Report
Main 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…
Read MoreColeman Survey Shows 88% Disapprove to SBA Loan Program Name Changes
November 3, 2016 By Bob Coleman Editor, Coleman Report Coleman Survey Shows 88% Disapprove to SBA Loan Program Name Changes SBA’s renaming of the SBA 7(a) and 504 loan program has met with overwhelming industry disapproval of the rebranding effort. Renaming 7(a) as SBA Advantage only garners 11% support — 81% disapprove. Renaming 504 as…
Read MoreA Coleman One-Minute Poll — What do you think of SBA Loan Programs Name Changes?
November 2, 2016 By Bob Coleman Editor, Coleman Report A Coleman One-Minute Poll — What do you think of SBA Loan Programs Name Changes? I received several comments regarding the SBA Advantage Loan Program and the SBA Grow Loan Program, formerly known as 7(a) and 504. SBA announced the name changes yesterday, “effective immediately.” What do…
Read MoreSBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow
November 1, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow Effective today! The 7(a) Loan Program has been changed to the SBA Advantage Loan Program. The 504 Loan Program has been changed to the SBA Grow Loan Program All policies,…
Read MoreMain Street Monday — 20% of Self-Employed are Immigrant Entrepreneurs
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…
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