November 21, 2013
by Bob Coleman
Kurt Chilcott, Sherrill Stockton Reelected to NAGGL
Congratulations to Kurt and Sherrill for their reelection to the NAGGL board of directors, a trade group of SBA 7(a) lendrs.
First Niagara Names John Kenefick, Senior Vice President, Central Underwriting Credit Manager
“John is a seasoned banking professional with extensive knowledge and skill in credit management and commercial loan operations and administration,” said Nancy Cinfio, Senior Director of Credit Risk and Approval at First Niagara. “His long track record of exceptional financial management and operational acumen makes him a perfect fit for First Niagara.”
Live Oak Bank Announces Lending Expansion into the Family Entertainment Center Industry
SBA niche lender is moving into the Family Entertainment Center industry. What is that? “Establishments ranging from miniature golf to roller skating rinks; arcades to bowling centers; go-karts to waterparks.”
The bank’s model is to master a niche. Beginning with veterinarians, Live Oak has expanded its lending box to dentists, independent pharmacists, funeral home owners, and investment advisors.
Small Business Lending Conference Update
Where Main Street Meets Wall Street, 6th Annual SBA Secondary Market Forum, December 3, Washington D.C.
14th Annual Rural Lender’s Retreat, December 4, Washington D.C.
Coleman’s 3rd Annual Fresno SBA Loan Servicing Workshop, December 9, Fresno
Coleman’s 5th Annual Herndon SBA Guaranty Purchase Workshop, January 23, 2014, Herndon
Southeastern Small Business Lenders Conference, Reynolds Plantation, GA, Feb 9-11