Coleman Report
Gulf Coast Small Business Lending Welcomes Tracey Tucker as SVP, BDO
May 16, 2024 Delaney SextonContributing Editor Gulf Coast Small Business Lending Welcomes Tracey Tucker as SVP, BDO “Tracey is a fantastic addition to our growing and experienced Gulf Coast Small Business Lending team. With over 25 years of successful experience in the SBA industry, it is great to have a BDO of her caliber on…
Read MoreCalculating Cash Flow the SBA Way in 2024 – Coleman Webinar 6/4
Meeting SBA’s likely ability to repay(*) standardFor Credit Memos Over $500,000 A Coleman Webinar for SBA Loan Underwriters! A Coleman Training WebinarDate: Tuesday, June 4, 2024Time: 2:00 p.m. EasternDownload a Registration FormA 75-Minute Training Class That Lets Staff Earn E-Certification With Prime Rate at 25-year highs, calculating cash of your SBA loan borrower is a…
Read MoreAlmost a Third of Small Businesses Borrow Once Every Quarter
May 15, 2024 Delaney SextonContributing Editor Almost a Third of Small Businesses Borrow Once Every Quarter In April, small business optimism increased for the first time in 2024, but this is the 28th consecutive month that optimism is below the 50-year average. Regarding credit conditions, NFIB Chief Economist Bill Dunkelberg writes, “Although the interest rate…
Read MoreSouth Carolina Small Businesses: Five Fast Facts
May 15, 2024 Delaney SextonContributing Editor South Carolina Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 South Carolina Small Business Profile
Read MoreKabbage Agrees to Pay $120 Million to Resolve PPP Fraud Allegations
May 14, 2024 Delaney SextonContributing Editor Kabbage Agrees to Pay $120 Million to Resolve PPP Fraud Allegations “When the nation was facing a pandemic-induced crisis, Kabbage received tens of millions of dollars through the PPP to help lend taxpayer funds to businesses in need. Instead of safeguarding those funds, Kabbage doled out inflated and fraudulent…
Read MoreTMC Financing Expands 504 Lending into Hawaii
May 14, 2024 Delaney SextonContributing Editor TMC Financing Expands 504 Lending into Hawaii “Our expansion into Hawaii represents a significant milestone in our mission to advocate for small businesses,” Kurt Chambliss, Executive Vice President at TMC Financing explains. “SBA 504 lending solutions empower local entrepreneurs and foster Hawaii’s economic growth.” TMC Financing, the nation’s top provider of…
Read MoreRhode Island Small Businesses: Five Fast Facts
May 14, 2024 Delaney SextonContributing Editor Rhode Island Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Rhode Island Small Business Profile
Read MoreFinancing SBA CRE in a High Rate, Plummeting Values Environment – A Coleman Webinar 6/5
SBA 7(a) and 504 Lending Solutions for Owner Occupied Commercial Real Estate A Coleman WebinarDate & Time: Wednesday, June 5, 2024 at 2:00 p.m. Eastern(Includes Recording & E-Certification) Headlines scream devastating commercial real estate property loan losses. Fort Worth’s tallest building sells for $12 million, a 90% loss in only three years. Office vacancy rates…
Read MoreNew California Small Business Loan Match Backed by the State of California
May 13, 2024 Delaney SextonContributing Editor New California Small Business Loan Match Backed by the State of California California Small Business Loan Match is a new no-cost lender-match tool that eases the process of finding trusted loans for California entrepreneurs. The tool provided by IBank’s Small Business Finance Center gathers dozens of lenders, most of…
Read MorePennsylvania Small Businesses: Five Fast Facts
May 13, 2024 Delaney SextonContributing Editor Pennsylvania Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Pennsylvania Small Business Profile
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