June 12, 2014
By Bob Coleman
Editor, Coleman Report
In his new role, Feldman will utilize his knowledge and experience with franchise finance to improve the flow of capital to the franchise community. His efforts will build upon FRANdata’s financing solutions for franchisors who assist their franchisees with the financing process. These lender-friendly franchise systems make use of the suite of tools available on the Franchise Registry (www.franchiseregistry.com), including Bank Credit Reports, enhanced SBA loan performance analysis, SBA loan eligibility reviews, and the find-a-lender matchmaking service.
“Combining Ron’s talents with FRANdata’s suite of credit risk and financial analysis products will significantly improve the franchise community’s access to capital and even change the way capital is structured and priced,” says Darrell Johnson, CEO of FRANdata.
“PLP enables BankUnited to continue to be a premier small business lending leader, and increases the efficiency of our SBA loan delivery,”
Says Gerry Litrento, Senior Executive Vice President, Retail and Business Banking of BankUnited.
Capital Spring SBLC Continues Expansion
President and CEO Nimi Natan tells us Capital Spring was awarded their PLP status last month, moved into a new office in Dallas, and have hired Mike Pierson and Robert Ruiz as Vice President and Business Development Officers.
“David will be a valuable asset to ABL, bringing a wealth of knowledge of the small business industry and SBA,” says ABL chief executive officer and president, Charlie Bell. “His professionalism and passion for SBA lending will greatly contribute to our future success.”
With well over 20 million small businesses across the country, Small Business Administration (SBA) Lending has become a major opportunity for financial institutions that avoid some of the major traps. In this webinar, Bob Coleman, editor of Coleman Report, will provide an overview of SBA Lending, discuss opportunities like secondary markets and low costs, highlight traps like the Federal False Claims Act and provide 12 key items bank directors and loan committee members must know to succeed.
Upcoming Small Business Lending Conferences
Great Lakes Lenders Conference, Detroit, July 31 – August 1
Florida Small Business Lenders Conference, Orlando, September 17-19
Innovative Finance Delivery for Small Business September 23-24 in Las Vegas.
NAGGL 2014 Annual Meeting, Huntington Beach October 28-30
Coleman’s 7th Annual SBA Secondary Market Forum, Washington D.C. December 2
Coleman’s 15th Annual Rural Lender’s Roundtable, Washington D.C. December 3