Posts Tagged ‘Bob Coleman’

May 1, 2013 By Bob Coleman Editor Says a new Wells Fargo small business survey. Posting similar results as the recently released US Bank survey, most entrepreneurs are wary of the economy, but are comfortable with their performance. While the Index is down from a year ago (April 2012), it’s the third highest reading since…

April 30, 2013 By Bob Coleman, Editor CREED, (Commercial Real Estate and Economic Development Act) will allow Main Street entrepreneurs to refinance their balloon payments in the next five years. Emily Maltby of the Wall Street Journal writes today that $276 billion in CRE loans will balloon in 2013, higher than any prior year. She…

April 30, 2013 Says the American boss of Britain’s first new bank in 100 years. Vernon Hill wants the U.K. to import an SBA styled loan program. “The only other Government programme in America that works, other than air traffic control, is the Small Business Administration. It’s a massive government guarantee system for small business…

April 26, 2013 By Bob Coleman Editor, Coleman Report Is Cheap Credit for Small Business the Answer? Our friends across the pond seem to think so reports the BBC. For every extra pound that banks lend to small companies, they will be able to borrow £5 very cheaply from the Bank of England, and £10…

April 26, 2013 By Bob Judge Editor, CPR Report In March, prepays fell back below 6% for the first time this year, after being above 7% for the first two months of the year. This decrease was caused by double-digit decreases in both defaults and voluntary prepayments. As for the detail, overall prepayments fell 25.02%…

April 25, 2013 By Karen McHugh SBA Complete A common area of confusion is in the arena of financing business acquisitions. The SBA rules surrounding a change of ownership transaction have evolved over time because this area of financing can be fraught with “missteps” by multiple parties (the lender, the purchaser/borrower, the seller, and the…

  April 24, 2013 By Bob Coleman Editor, Coleman Report U.S. Bank’s 2013 Annual Small Business Survey Their 32 page report is chocked full of so much information I will take several blog posts to discuss. First, start with the basics. U.S. Bank defines a small business as one with revenues of less than $10…

April 23, 2013 Bob Coleman Editor, Coleman Report “If you are price sensitive we are probably not an option. If you are speed sensitive we are,” says the president of the online pawn shop, Burro. The “speed to market and pay whatever it takes” theme is consistent with other small business financing options in this…

April 23, 2013 By Bob Coleman Editor, Coleman Report With a small business loan portfolio capped at 12.25% of assets, credit unions are lobbying Congress hard to increase this limit. But for American Eagle FCU out of Connecticut they are throwing in the towel. The credit union has decided the cost of building an infrastructure…

April 22, 2013 by Bob Coleman Editor, Coleman Report Small Business Capital Market is Inefficient So says New York Times blogger Ami Kassar. “The market for capital is inefficient, and in many cases results in gridlock for entrepreneurs, lenders, and investors. “The best advice that I think I can give anyone in the hunt for…