Posts Tagged ‘Bob Coleman’
Main Street Monday — Fountainhead Commercial Capital Snags $23 Million Series A Funding
May 23, 2016 By Bob Coleman Editor, Main Street Monday Fountainhead Commercial Capital secures $23 Million for SBA 504 lending. Alternative asset manager Magnetar Capital, through its affiliated funds, invested $23 million in a Series A round of financing, joining an affiliate of 20 Gates Management, an asset management firm based in New York, as…
Read MoreColeman’s Movers and Shakers
May 19, 2016 By Bob Coleman Editor, Movers and Shakers The SBIC Summit: Increased Profit, Improved Regulatory Compliance How to Form, Launch and License a Small Business Investment Company Meet, hear and network with influential banking, SBIC, legal and finance experts as they discuss the attractive incentives for banks and investment managers to embrace the…
Read MoreFraud Friday — Banker, Movie Producer Charged in PhotoShopping $13 Million of Fake Financing Docs to Secure $2.5 Million Loan
May 13, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Banker, Movie Producer Charged in PhotoShopping $13 Million of Fake Financing Docs to Secure $2.5 Million Loan “Rodney Dunn is charged with using his employment at a TARP bank to defraud lenders in a movie production financing scheme,” says Christy Goldsmith Romero, Special…
Read MoreColeman’s Movers and Shakers
May 12, 2016 Coleman’s Movers and Shakers By Bob Coleman Editor, Coleman’s Movers and Shakers ReadyCap Lending hires Mark Gibson as the new National Sales Manager “We are thrilled to bring such a competent leader on board to spearhead our business growth initiatives,” says John Moshier, president of ReadyCap. “Mark is a proven leader in…
Read MoreC-Suite Wednesday — 67% of U.S. Small Biz Exporters Demand Payment Up Front
May 11, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — 67% of U.S. Small Biz Exporters Demand Payment Up Front Is one of the results of NSBA’s 2016 small business exporting survey. “Global market volatilities and a strong U.S. dollar have contributed to a slowdown in export activity among small firms,” says NSBA…
Read MoreSBA Hot Topic Tuesday — SBA Form 159 May Now be Submitted via SBA One
May 10, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Form 159 May Now be Submitted via SBA One For Loans Originated in SBA One 1. After the loan is approved and the SBA Loan Number is issued and in Funded Status, SBA Form 159(7a) may be generated…
Read MoreColeman’s Movers and Shakers
May 4, 2016 Coleman’s Movers and Shakers By Bob Coleman Editor, Coleman’s Movers and Shakers Doug Hood Joins Community Capital Finance as Director of SBA Loan Division “Doug brings a wealth of knowledge and experience in the SBA arena that will allow us to further serve our clients’ needs. We are very glad to have…
Read MoreColeman’s Movers and Shakers
April 28, 2016 Coleman’s Movers and Shakers By Bob Coleman Editor, Coleman’s Movers and Shakers Freedom Bank Appoints Lynn Johler as Senior Vice President of Commercial Lending Says Chief Executive Officer, Cathy P. Swanson, “We are so proud to have Lynn on our team. Her extensive knowledge of SBA lending and the local market are…
Read MoreSBA Hot Topic Tuesday — Top Ten 7(a) Lender Criticizes SBA for $2 Million Plus Loans
April 26, 2016 SBA Hot Topic Tuesday — Top Ten 7(a) Lender Criticizes SBA for $2 Million Plus Loans By Bob Coleman Editor, SBA Hot Topic Tuesday In his annual letter to shareholders M&T Bank’s Chairman of the Board and CEO, Robert Wilmers says 33% of the SBA’s 7(a) budget authority supports large loans to…
Read MoreFraud Friday — The $3.9 Million Apartment Construction Loan Secured by, Oops, Where are the Apartments?
April 22, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — The $3.9 Million Apartment Construction Loan Secured by, Oops, Where are the Apartments? I guess my editorial philosophy is to lean toward the community bankers and borrowers who are indicted because of losses to the Treasury’s TARP program or to the FDIC. And…
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