Coleman Report
Fraud Friday — Former Bank President Pleads Guilty to $3.5 Million Fraud
September 18, 2015 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former Bank President Pleads Guilty to $3.5 Million Fraud I gave my five common themes of lender employee fraud in a speech to America’s Small Business Development Company annual conference in San Francisco last week. Long Time Employee Outside Investments make them appear…
Read MoreColeman’ Movers and Shakers — Register for 8th Annual SBA Secondary Market Summit by 9/30 and Save $300
September 17, 2015 By Bob Coleman Editor, Movers and Shakers Coleman’ Movers and Shakers — Register for 8th Annual SBA Secondary Market Summit by 9/30 and Save $300 Join high-level stakeholders from banks, investors and government to explore new approaches for deals, profit and risk-mitigation in SBA secondary markets. Discuss the hottest issues that will…
Read MoreColeman C-Suite Report — Main Street Accelerates Trading Speed for Higher Small Business Loan Rates
September 16, 2015 By Bob Coleman Editor, C-Suite Coleman C-Suite Report — Main Street Accelerates Trading Speed for Higher Small Business Loan Rates Last month, I read in Forbes that Paypal will soon pass the $1 billion mark in small business lending. This paragraph reveals their business model. PayPal is attracting larger merchants – including…
Read MoreSBA Hot Topic Tuesday — Franchise Feedback, Debt-Refi Feedback and PARRis Review Eliminates Judgement Rankings in Numerical Ratings
September 15, 2015 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — Franchise Feedback, Debt-Refi Feedback and PARRis Review Eliminates Judgement Rankings in Numerical Ratings One special assets reader adds two more things to consider in addition to the five listed yesterday in Main Street Monday. 6. Look especially hard at how…
Read More5 Things to Consider When Making an SBA Franchise Loan
September 14, 2015 By Walter H. McLaughlin Coleman Report Contributor Senior Vice President/SBA Manager Banner Bank 5 Things to Consider When Making an SBA Franchise Loan Every good business model recognizes the need for balance between supply and demand. In the SBA world, franchise lending is a microcosm of that basic economic principle. A 2014…
Read MoreFraud Friday — Ex-CEO, TARP’s First Conviction Gets 2 ½ Years
September 11, 2015 By Bob Coleman Editor, Fraud Friday Fraud Friday — Ex-CEO, TARP’s First Conviction Gets 2 ½ Years Charles Antonucci was the first banker convicted of TARP banking fraud. After cooperating with the feds, he was sentenced to 2 ½ years in prison for lying to regulators and embezzling bank funds. The former…
Read MoreSBA’s New Refinance Rules: The Big Payoff
September 10, 2015 SBA’s New Refinance Rules: The Big Payoff by Walter H. McLaughlin Banner Bank Senior Vice President/SBA Manager Improving a borrower’s cash flow by refinancing eligible business debt has always been a pillar of the 7(a) program. Thanks to a rule change effective May 1, the pillars just got a little bit stronger.…
Read MoreColeman’s Movers and Shakers
Coleman’s Movers and Shakers September 9, 2015 by Bob Coleman Editor, Coleman’s Movers and Shakers Pinnacle Bank Hires the Dynamic SBA Team of Brad Lebsack and Rebecca Wang Says Susan K. Black, President and Chief Executive Officer, “We are so pleased that Mr. Lebsack and Ms. Wang have joined the Pinnacle Bank Team. Brad and…
Read MoreColeman Small Business Podcast Episode 1
Coleman Small Business Podcast Episode 1 Coleman’s Small Business Lending Podcast features national experts in the small business lending industry. Today’s guest is Brock Blake, CEO, Founder of Lendio. Brock’s passion is to make small business lending simple for the 30 million Main Street businesses across the USA. Lendio is growing rapidly by helping over…
Read MoreSBA Hot Topic Tuesday — Your Local Small Business Development Center is Main Street’s Best Kept Secret
September 8, 2015 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — Your Local Small Business Development Center is Main Street’s Best Kept Secret Who is credited with creating a new job every seven minutes, a new business every 33 minutes, $100,000 in sales every four minutes and access $100,00 in capital…
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