Coleman Report
SBA Hot Topic Tuesday — Community Advantage Program Extended through 2020
December 29, 2015 SBA Hot Topic Tuesday — Community Advantage Program Extended through 2020 By Bob Coleman Editor, SBA Hot Topic Tuesday The Community Advantage Pilot Program allows CDCs and CDFIs to fund SBA 7(a) loans to small businesses in underserved areas. Originally set to expire March 2017, SBA has extended the pilot for three…
Read MoreMain Street Monday — CPFB New Database Defines Rural and Underserved Loans
December 28, 2015 By Bob Coleman Editor, Main Street Monday Main Street Monday — CPFB New Database Defines Rural and Underserved Loans You might find this database useful to document your rural or underserved market loans. Simply enter the address, and you receive an immediate determination. The CFPB says a creditor may rely on this…
Read MoreColeman Movers & Shakers — Georgia SBA Icon Eugene Merriday, Sr. Passes at 79
December 23, 2015 By Bob Coleman Editor, Movers & Shakers Georgia SBA Icon Eugene Merriday, Sr. Passes at 79 Eugene Merriday, Sr. married Barbara 0. Saunders at Abyssinian Baptist Church in Harlem, New York on August 17, 1963. They later moved to Atlanta where he received a Broker’s License from the Georgia Institute of Real Estate…
Read MoreSBA Hot Topic Tuesday — SBA 504 Refinance is Now the Law of the Land!
December 22, 2016 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday — SBA 504 Refinance is Now the Law of the Land! Well, technically Congress has granted the SBA Administrator the authority to write the rules (which some estimate will take up to six months.) This is what we know today. SBA 504…
Read MoreMain Street Monday — Dealstuck Combines Alternative Lending Market Strategies with Old School Touch
December 21, 2015 By Bob Coleman Editor, Main Street Monday Main Street Monday — Dealstuck Combines Alternative Lending Market Strategies with Old School Touch As CEO, Ethan leads all institutional and marketplace lending relationships and drives the company’s product strategy. Before founding Dealstruck, Ethan ran Internet marketing for lead generation startup Ampush Media, growing annual…
Read MoreCongress Passes SBA 504 Refinance Program
December 18, 2015 By Alex Cohen, CEO, Liberty SBF Congress Passes SBA 504 Refinance Program After years of advocating on Capitol Hill by commercial real estate industry leaders, the SBA 504 Loan Refinancing Program has been permanently reinstated more than three years after it expired in 2012. Also known as the Commercial Real Estate and…
Read MoreColeman’s Movers and Shakers
December 17, 2015 By Bob Coleman Editor, Coleman’s Movers and Shakers Valley Economic Development Company Names Robert Lopez COO “Robert’s experience in alternative lending will enable us to fulfill even more completely our mission of creating economic opportunity that strengthens communities,” says VEDC Chief Executive Roberto Barragan. Robert will oversee daily operations of the VEDC’s…
Read MoreBiz Journal’s Kent Hoover Talks Washington and Small Business
December 16, 2015 Biz Journal’s Kent Hoover Talks Washington and Small Business By Bob Coleman Editor, Coleman Report Bob Coleman: Kent Hoover is the Washington Bureau Chief of the Business Journals. He is Mr. Small Business. What’s going on in Washington Kent? Tell us what’s happening with Congress. Kent Hoover: Well this could be a…
Read MoreSBA Hot Topic Tuesday — The 2015 Top 25 Community Advantage & Microloan Lenders
December 15, 2015 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — The 2015 Top 25 Community Advantage & Microloan Lenders According to the SBA’s Office of Economic Opportunity, the top 25 Community Advantage lenders made 1,334 to start-ups and other small businesses for $89 million. Community Advantage loans range from…
Read MoreMain Street Monday — Why Transparency is Critical for Main Street Borrowers
December 14, 2015 By Bob Coleman Editor, Main Street Monday Main Street Monday — Why Transparency is Critical for Main Street Borrowers Ami Kassar, CEO and Founder of MultiFunding, is a nationally renowned small business advocate and leader. He is committed to ensuring that small business owners have the best possible access to the capital…
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