Posts Tagged ‘Bob Coleman’
Subway Franchisees Revenues May Be Up, But Cash Flow will be Down
September 3, 2013 By Bob Coleman Editor, Coleman Report Several things pop out to me in this New York Post Subway article, and they are all bad from a small business loan underwriting and portfolio risk management standpoint. 1) Subway is buying market share at the expense of its bottom line with their $4 and…
Read MoreFraud Friday – TARP Funds Diverted to Buy a Florida Condo Results in Guilty Plea
August 30, 2013 By Bob Coleman Editor, Coleman Report Fraud Friday – TARP Funds Diverted to Buy a Florida Condo Results in Guilty Plea The DOJ has snared another community banker for malfeasance in TARP funds. The former Board Chairman pled guilty for misleading the feds about his use of $381,000 in bank bailout funds…
Read MoreThursday’s Movers and Shakers
August 29, 2013 By Bob Coleman Editor, Coleman Report The Community Bank Named Great Lakes SBA Community Lender of the Year The SBA Community Lender of the Year Award is presented to a community bank with the best overall performance among community lenders with assets under $1 billion out of the three SBA district states…
Read MoreHow to Complete the New SBA 7(a) Litigation 7 Tab Package
How to Complete the New SBA 7(a) Litigation 7 Tab Package Thursday, September 19, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m. Eastern Sponsored by PCFS 2000 Use our “email address only” order form! SBA has released a new…
Read MoreBest Practices: Tax Lien and Judgment Searches
August 28, 2013 By: Janet M. Dery, Esquire Starfield & Smith, P.C. Tax lien and judgment searches assist lenders when they analyze their borrowers’ collateral and evaluate their character. The search should be made on the borrowing entity, its principals and, often times, on any guarantors (especially if the lender is lending to the guarantors…
Read MoreFraud Friday – Federal Judge Rules SBA Non-bank Lender Small Business Capital was a Ponzi Scheme
August 23, 2013 By Bob Coleman Editor, Coleman Report Fraud Friday – Federal Judge Rules SBA Non-bank Lender Small Business Capital was a Ponzi Scheme Mark Feathers’ Small Business Capital ran a three-year, $42 million Ponzi scheme that defrauded investors while paying the firm’s manager substantial bonuses, a federal judge ruled this week. The summary…
Read MoreHow to Document SBA 7(a) Equity Injections
How to Document SBA 7(a) Equity Injections Getting it Right, 100% of the Time Wednesday, September 18, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Complimentary Coleman Report Live! News Show with Bob Coleman from 1:50 p.m. to 2:00 p.m. Eastern Use our “email address only” order form! According the SBA Inspector General audits,…
Read MoreThursday’s Mover and Shaker – Jeanne Hulit Named Acting SBA Administrator
August 22, 2013 Thursday’s Mover and Shaker – Jeanne Hulit Named Acting SBA Administrator The big announcement this week is Jeanne Hulit has been appointed Acting SBA Administrator. Jeanne will do an awesome job of being a strong advocate for Main Street. Check out this Coleman Report newsletter article I wrote about Jeanne when she…
Read More14th Annual Rural Lender’s Roundtable
14th Annual Rural Lender’s Roundtable Getting Capital to America’s Main Streets Wednesday, December 4, 2013 Cosmos Club, Washington D.C. Download Registration Form If small business rural lending is important to your lending institution, this is your one must attend event of the year. This year’s one-day event will discuss the various lending programs designed for…
Read MoreJeanne Hulit tapped as acting chief of the U.S. Small Business Administration
August 20, 2013 By J.D. Harrison Washington Post One of the U.S. Small Business Administration’s lending and investment experts will assume the agency’s top role when the current administrator steps down at the end of the month. Jeanne Hulit, the SBA’s Associate Administrator and head of the Office of Capital Access, will take over for…
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