Coleman Report
Main Street Monday — Small Business Lending Defaults Remain Low
April 11, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Lending Defaults Remain Low Default outlook remains low given the tepid investment and conservative approach to expansion small businesses have taken. The business cycle remains intact with expansion at low risk. The moderate credit cycle continues, even with rises…
Read MoreFraud Friday — Former TierOne Chief Credit Officer and COO Sent to Jail
April 8, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former TierOne Chief Credit Officer and COO Sent to Jail 21 months for James Laphen and 34 months for Don Langford The two were sentenced after former the founder and CEO Gil Lundstrom got his 11 year sentence last month. Senior bank officials…
Read MoreColeman Movers & Shakers — Clark Street Capital Announces SBA 504 Secondary Market Program
April 7, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Clark Street Capital Announces SBA 504 Secondary Market Program Bob Coleman: The 504 Secondary Market is essentially broken. With only a small percentage of 504 sold to the current publicized buyers in the marketplace. We are with Jon Winick, CEO and Founder of Clark…
Read MoreC-Suite Wednesday — SBA and Fee Income: There’s More than Meets the Eye
April 6, 2016 By Walter McLaughlin Contributor, C-Suite Wednesday C-Suite Wednesday — SBA and Fee Income: There’s More than Meets the Eye Lenders involved with the SBA 7(a) program are normally aware that the secondary market is a substantial source of income. Although the markets ebb and flow over time, today’s premiums approach 17% for…
Read MoreSBA Hot Topic Tuesday — SBA One Mandatory for PLP Lenders on July 31st.
April 5, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA One Mandatory for PLP Lenders on July 31st. PLP lenders must use SBA One for non-delegated loans processed through Citrus Heights beginning July 31, 2016. All SBA 7(a) lenders will be required to use SBA One for non-delegated…
Read MoreMain Street Monday — Small Business Fin Tech Lenders Form Alliance Ahead of CFPB Ruling
April 4, 2016 Main Street Monday — Small Business Fin Tech Lenders Form Alliance Ahead of CFPB Ruling By Bob Coleman Editor, Main Street Monday Episode 18 — Tom Sullivan, Executive Director for the Coalition for Responsible Business Finance Welcome to Coleman’s Small Business Lending Podcast with your host Bob Coleman. Today’s guest is Tom…
Read MoreColeman Movers & Shakers — Register for Free CRE Technology Webinar Sponsored by Partner Engineering
March 31, 2016 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Register for Free CRE Technology Webinar Sponsored by Partner Engineering Shannon Smith joins Heritage First Bank as Senior Vice President “It is an honor to welcome Shannon to the Heritage First family. He brings a wealth of knowledge to…
Read MoreC-Suite Wednesday — NY Fed Says Small Banks Make 52% of Main Street Loans
March 30, 2016 C-Suite Wednesday — NY Fed Says Small Banks Make 52% of Main Street Loans By Bob Coleman Editor, C-Suite Wednesday From their just released 2015 Small Business Credit Survey. Other interesting takeaways: Small banks are the primary source of small business lending FinTech lenders have a dismal 15% borrower satisfaction rating, compared…
Read MoreSBA Hot Topic Tuesday — CPR Report: SBA 7(a) Prepays Start 2016 Below 8%
March 29, 2016 SBA Hot Topic Tuesday — CPR Report: SBA 7(a) Prepays Start 2016 Below 8% By Bob Judge Editor, CPR Report In January, prepays rose slightly from December, but stayed below 8% as we begin tracking 2016. The cause was a double-digit increase in defaults (CDR) that was mostly offset by a decrease…
Read MoreThe Zillow of Small Business Valuation
March 28, 2016 By Bob Coleman Editor, Main Street Monday Episode 17 — Michael Carter, Founder and CEO of BizEquity Mike Carter has over 15 years experience in enterprise software and technology services. He’s founded three software companies. Mike was chief marketing officer of a publicly traded billion dollar Internet company and has been called…
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