Posts Tagged ‘Bank loan’
Mug Shot Monday – SBA Inspector General and Early Defaults
January 6, 2014 By Bob Coleman Editor, Coleman Report SBA’s Inspector General issues a monthly report recapping its efforts to catch SBA loan fraudsters – on the borrower and lender side. The common theme is if a loan defaults within the first 18 months, borrowers, and the lender, will face close scrutiny of their actions.…
Read MoreFraud Friday – Banker Faked Death to Avoid the Law and Become a Homeless Day Laborer
January 3, 2014 By Bob Coleman Editor, Coleman Report After ripping off $21 million from a Georgia bank, Aubrey Price went on the lamb 18 months ago, only to be done in by tinted windows. Cops in South Eastern Georgia pulled over his car for the window violation and became immediately suspicious when he proffered…
Read MoreColeman Small Business Lender Link: Underwriting Loans for Start-Up Businesses
Coleman Small Business Lender Link: Underwriting Loans for Start-Up Businesses When: Tuesday, January 21, 2014 Price: $289.00 2:00 p.m. to 3:15 p.m. Eastern 1:00 p.m. to 2:15 p.m. Central 12:00 p.m. to 1:15 p.m. Mountain 11:00 a.m. to 12:15 p.m. Pacific Complimentary Coleman Report Live! News Show with Bob Coleman and Tee Rowe, President & CEO…
Read MoreColeman’s Thursday Movers and Shakers
January 2, 2014 By Bob Coleman Editor, Coleman Report Stephanie Bitters Named Chief Credit Officer and COO of SBA Non-Bank Lender BusinessUS CEO Norris Lozano says, “We are extremely fortunate to have an experienced small business lending professional of Stephanie Bitters’ stature join our lending team. Her innate leadership, coupled with deep experience with some…
Read MorePreparing the Herndon SBA 7(a) Ten Tab Guaranty Purchase Package
Thursday, January 23, 2014 Preparing the Herndon SBA 7(a) Ten Tab Guaranty Purchase Package Price: $289.00 2:00 p.m. to 3:15 p.m. Eastern 1:00 p.m. to 2:15 p.m. Central 12:00 p.m. to 1:15 p.m. Mountain 11:00 a.m. to 12:15 p.m. Pacific Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m.…
Read More10 Small-Business Resolutions for the New Year
December 31, 2013 By Bob Coleman Editor, Coleman Report Our last post of the year is about this really nice small business end-of-the-year article in USA Today. As a bonus, it directly addresses what Main Street must do to compete with the big box stores and Amazon. Analyze your customer service Focus on customer’s needs…
Read MoreMug Shot Monday – Quick Guilty Plea in Pulaski Bank Fraud
December 30, 2013 By Bob Coleman Editor, Coleman Report One month after being indicted for a $5 million bank fraud scheme, today’s fraudster pleads guilty to one count of bank fraud. The owner of a medical equipment sales firm pledged millions of dollars in securities, as well as the medical equipment, as collateral. Problem is,…
Read MoreHow to Write your SBA Credit Box Loan Policy for 2014
How to Write your SBA Credit Box Loan Policy for 2014 When: Tuesday, January 28, 2014 Price: $289.00 2:00 p.m. to 3:15 p.m. Eastern 1:00 p.m. to 2:15 p.m. Central 12:00 p.m. to 1:15 p.m. Mountain 11:00 a.m. to 12:15 p.m. Pacific Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to…
Read MoreFraud Friday – 4 Years for CRE Refi Deal Gone Bad
December 27, 2013 By Bob Coleman Editor, Coleman Report Before the crash in 2008, a Washington man refinanced his commercial real estate property that was 90% occupied. Well, that’s what he told Umpqua Bank. Turns out the building was “largely vacant.” The bank lost $2.2 million when it foreclosed. The court ordered our perp to…
Read MoreWill Small Business GAFA Compliance Change to GAFU?
December 24, 2013 By Bob Coleman Editor, Coleman Report Here’s a light, thought provoking pre-Christmas holiday case study you will enjoy. I’ve written in the past how Main Street must be GAFA compliant to compete in today’s ever changing economy. G – Having a Google search engine strategy A – Having an Apple mobile apps…
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