Coleman Online Small Business Lending Report — CAN Capital passes $5 Billion Small Biz Loan Mark

May 14, 2015 By Bob Coleman Editor, Online Small Business Lending Report “Reaching this milestone underscores how CAN Capital’s innovative technologies have helped small business owners access much needed capital to grow their businesses,” says Daniel DeMeo, Chief Executive Officer, CAN Capital. “Small business owners have an appetite for investing in inventory, marketing and technology.…

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Coleman’s Movers and Shakers

May 13, 2015 By Bob Coleman Editor, Coleman’s Movers and Shakers Bank United Names Hakim Kassam as National Sales Manager “Hakim is an authoritative expert on small business financing, who will lead and grow BankUnited’s small business finance department. We are pleased to welcome him to our BankUnited team,” says Bankunited Chairman, President and CEO…

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Small Business Lending Stats Tuesday — Wells Fargo Says…

May 12, 2015 By Bob Coleman Editor, Small Business Lending Stats Tuesday Main Street optimism takes a hit. Several factors contributed to the decrease in optimism this quarter, including: Lower revenue – In the April survey, 42 percent of small business owners reported that their company’s revenues increased over the past 12 months, down from…

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Mug Shot Monday — Another Community Bank President Guilty

May 11, 2015 By Bob Coleman Editor, Mug Shot Monday Add Poppi Metaxas to the list of community bankers jailed after her bank received TARP funds. She faces five years in prison for her guilty plea of bank fraud for her role in defrauding the bank of $1.8 million. ‘While Gateway Bank was applying for…

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Fraud Friday — Fraud Charges Against More Wilmington Trust Officers

May 8, 2015 By Bob Coleman Editor, Fraud Friday Add the former Chief Credit Officer and Controller to the list of Wilmington Trust bank officers criminally charged in the Delaware bank’s failure. The feds allege that Kevyn Rakowski, and William North omitted approximately $351 million of matured loans 90 days or more past due from…

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Feedback Friday — SBA Life Insurance Documentation and Landlord waiver

May 8, 2015 By Bob Coleman Editor, Feedback Friday Two questions this week, both from Coleman Certified Training Students for Coleman Faculty Instructor Lance Sexton The first is to Coleman faculty instructor Lance Sexton from his Loan Closing Training. Hi Lance – I do have one other question regarding Life Insurance. We obtain the Policy,…

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Coleman’s Movers and Shakers

May 6, 2015 By Bob Coleman Editor, Movers and Shakers Rachael Pokuta to Expand TMC Financing’s SoCal Footprint One of the nation’s leading Northern California-based CDCs is heading to Southern California’s Inland Empire. ‘We’re excited to have Rachael on board to cover the Inland Empire region,’ says TMC Executive Vice President Rich Grant. ‘Her energy,…

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