Posts Tagged ‘Bob Coleman’

January 9, 2014 By Bob Coleman Editor, Coleman Report NADCO Announces Government Relations Conference March 3-5 in Washington DC With leadership changing at the SBA and House and Senate Small Business Committees, attending the NADCO 2014 Government Relations Conference is critical to our industry’s success. This conference is your opportunity to attend exclusive sessions with…

January 8, 2014 By Bob Coleman Editor, Coleman Report We reported SBA will publish a final policy rule this morning rejecting changes in it’s affiliation standard rule and the abolishment of the personal resource test. However, SBA has pulled the rule from publication in the Federal Resister. This is an email we received yesterday from…

January 8, 2014 By Bob Coleman Editor, Coleman Report Tomorrow, SBA will announce it is withdrawing the proposal to loosen its small business affiliation standard rule and eliminate the the personal resource test. SBA will eliminate the personal resource test in about 30 days. SBA will no longer require that the personal resources of owners…

January 7, 2014 By Mike Rozman Co-President & Chief Strategy Officer Boefly, LLC The FICO consumer credit score was first introduced in 1989 and is used today by 90% of all consumer lenders when determining loans and interest rates. And although the leading business credit score –FICO’s Small Business Scoring Service or SBSS Score –…

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.…

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…

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…