Coleman’s Movers and Shakers

March 24, 2016

By Bob Coleman
Editor, Movers and Shakers

bdographParticipate in our 2016 SBA BDO Compensation Survey to Receive a Free Report!
Take the 2 min survey
(Survey Closes Friday, March 25, 2016.)

The Coleman Report has published a compensation study of SBA BDOs since 1994. Data is collected in two ways: First, we invite BDOs to self-report their production and compensation numbers. Last year over 150 SBA BDOs participated in the survey. (Participants may report their email address for a free copy of the survey results, meaning that while the published results are anonymous, their identification disclosure probably leads to more accurate information.)

Data is scrubbed to eliminate extreme highs and lows, as well as responses that are incomplete or don’t make sense.

Then, Coleman Report validates these results with direct interviews with a number of lenders to obtain an accurate picture as possible of salary ranges and compensation packages.

jeffpughFirst Resource Bank Announces Jeffrey B. Pugh as Senior Vice President

Mr. Pugh is a past winner of the Small Business Administration (SBA) Financial Service Champion of the Year Award for his SBA lending activities over the years. Mr. Pugh will continue his SBA lending along with commercial real estate and business loan origination and servicing activities.

TeeShipmonParagon Bank Appoints Thomas “Tee” Shipmon as Senior Vice President of Specialty Lending

“We are excited to add a team member with Tee’s expertise,” says Robert Shaw, CEO of Paragon Bank. “His extensive experience and financial knowledge will be of great benefit to both business customers and our team, and we look forward to adding another service to our extensive small business offerings.”

timberwoodbankTimberwood Bank Announces SBA Preferred Lender Status

“The Preferred Lender designation recognizes Timberwood’s proficiency with SBA lending and makes SBA loans more accessible for small businesses,” says Eric Ness, SBA’s Wisconsin district director. “As a member of our Preferred Lender Program, which includes more than 50 (Wisconsin) financial institutions, Timberwood is now even better equipped to contribute to Wisconsin’s small business growth.”

Small Business Lending Industry Calendar

9th Annual SBA Export Lenders’ Roundtable, April 6, Washington D.C.

NAGGL SBA Lending Technical Conference, May 2-4, St. Louis

NADCO Spring Summit, May 22-25, Arlington, VA

Western Pennsylvania, May 23-24, Nemacolin Woodlands Resort, PA

America East, August 24-26, Philadelphia

America’s SBDC, September 19-22, Orlando

FLAGGL 2016, September 21-23, Orlando

LEND360, October 5-7, Chicago

NAGGL Annual Meeting, October 31-November 2, Scottsdale

NADCO Annual Meeting, November 7-10, San Francisco

Ninth Annual Secondary Market Summit, December 5-6, Washington D.C.