Posts Tagged ‘Bob Coleman’
SBA Hot Topic Tuesday — New Inspector General Audit Denies Another $2.7 Million SBA 7(a) Guaranty
March 22, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — New Inspector General Audit Denies Another $2.7 Million SBA 7(a) Guaranty Continuing cost overruns pushed the construction of a fitness club from $5 million to $12.3 million. In 2011, California Bank & Trust approved a $2.7 million SBA 7(a)…
Read MoreFraud Friday — Community Bank CEO Sentenced to Two Years for Understating Loan Losses
March 11, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Community Bank CEO Sentenced to Two Years for Understating Loan Losses Laurie Mayfield signed off of a Call Report that “hid” $830,000 in loan losses when her bank was sold to Texas-based Vantage Bank. She received two years in prison, three years probation…
Read MoreColeman’s Movers and Shakers
Coleman’s Movers and Shakers Lynn Ozer Joins Fulton Bank Reports Jeff Blumenthal of the Philadelphia Business Journal Lynn Ozer, one of the region’s most prominent Small Business Administration lenders, has landed a position as president of SBA lending at Lancaster, Pa.-based Fulton Financial Corp. According to her LinkedIn page, Ozer started her new role in…
Read MoreC-Suite Wednesday — SBA 7(a) Secondary Market Outlook for 2016
March 9, 2016 C-Suite Wednesday — SBA 7(a) Secondary Market Outlook for 2016 By Bob Coleman Editor, C-Suite Wednesday Episode 15 — Bob Judge, CEO of Government Loan Solutions Coleman Small Business Lending Podcast Today’s guest is Bob Judge, CEO of Government Loan Solutions, Inc. In October 2006, Bob co-founded Government Loan Solutions for the…
Read MoreColeman Small Business Podcast Episode 14 — Evan Singer, President, SmartBiz
March 7, 2016 Main Street Monday — SmartBiz–The Online SBA 7(a) Marketplace Lending Disruptor? Coleman Small Business Lending Podcast Episode 14 — Evan Singer, President, SmartBiz By Bob Coleman Editor, Main Street Monday Today’s guest is Evan Singer, President of SmartBiz, a venture backed financial technology company in San Francisco, CA. Evan has built a…
Read MoreFraud Friday — Georgia Community Bank ex-CEO gets 7 years in Jail for Fraud
March 4, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Georgia Community Bank ex-CEO gets 7 years in Jail for Fraud “Today, another TARP banker was sentenced to jail for hiding a bank’s past due loans during the crisis to make the bank appear healthy,” sys Christy Goldsmith Romero, Special Inspector General for…
Read MoreMain Street Monday – Connecting Franchisees With Main Street
October 12, 2015 Coleman Small Business Lending Podcast – Episode 5 Mike Rozman, CEO and Co-founder, Boefly.com Mike Rozman is CEO and co-founder of BoeFly.com, the online marketplace connecting business borrowers with 5,000+ lenders. Mike is passionate about helping small business owners most efficiently secure competitive financing to start a business or grow their existing…
Read MoreSBA Hot Topic Tuesday — SBA Proposes Changes to Affiliation Rules
October 6, 2015 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Proposes Changes to Affiliation Rules SBA continues to simplify its rules and make it easier for Main Street to obtain access to capital. I’ve attempted to make the proposed changes easy to understand. The three major PROPOSED changes…
Read MoreFraud Friday — SBA Department Manager Guilty in La Jolla Bank Fraud
October 2, 2015 By Bob Coleman Editor, Fraud Friday Fraud Friday — SBA Department Manager Guilty in La Jolla Bank Fraud The former SBA Department Manager of San Diego-based La Jolla Bank is going to jail for SBA loan fraud. Amalia Martinez pled guilty last week for accepting thousands of dollars in bribes and kickbacks…
Read MoreMovers and Shakers
October 1, 2015 By Bob Coleman Editor, Movers and Shakers ReadyCap Sells Excess SBLC License to CenterStone SBA Lending, Retains the CIT License John Moshier, President of ReadyCap Lending writes the Coleman Report, “ReadyCap Lending is pleased to announce the sale of one of its SBLC licenses. ReadyCap purchased the SBLC license formerly held by…
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