Posts Tagged ‘Bob Coleman’
Will SBA Borrowers be Shown the Door?
March 12, 2013 By Bob Coleman Editor, Coleman Report New York Times’ Robb Mandelbaum always runs insightful, analytical articles about SBA. Yesterday’s asks the question if the proposed agency changes to eliminate the personal resource test and loosen affiliate definitions are implemented, will that expand the pool of eligible borrowers? SBA would then probably hit…
Read MoreSBA 7(a) Prepays Jump 46% in January
March 11, 2013 CPR Report Volume 7, Issue #2 By Bob Judge, Government Solutions Editor We sat down with Bob Judge, Partner, Government Loan Solutions to discuss the new CPR Report “Prepays Jump 46% in January” Government Loan Solutions is a provider of valuation services, prepayment analytics and operational support for the SBA marketplace. Bob Coleman:…
Read MoreMug Shot Monday – Soon to be Working on the Chain Gang
March 11, 2013 By Bob Coleman Editor, Coleman Report A BB&T commercial loan officer in South Carolina had a side gig. He owned a company that brokered used road construction equipment. You already know where this is heading. Says the FBI, “ Because of the downturn in the economy, CAK was struggling and needed capital.…
Read MoreWhat should be the First Priority of the new SBA Administrator?
March 8, 2013 By Bob Coleman Editor, Coleman Report What should be the First Priority of the new SBA Administrator? Cat Clifford of Entrepreneur Magazine asked me this and I am stumped. There will be a number of issues on the plate, but which is the most important? Encourage the continued streamlining of the SBA…
Read MorePutting Everything in Perspective
March 8, 2013 By Bob Coleman Editor, Coleman Report Today’s coverage of the small business lending industry is all over the map. One survey is Pollyannaish, for Main Street, the next day doom and gloom prevails. The Washington Post does an excellent job recapping where we are in the first quarter of 2013. Steady and…
Read MoreCharacter is Still the First C
March 7, 2013 By Bob Coleman Editor, Coleman Report Jon Winick of Clark Street Capital has a great interview with Ed Wehmer, CEO of Wintrust Financial, a $17.5 billion community bank in Chicago. I particularly liked this excerpt…. Jon Winick: I heard you subscribe to the theory that once a deadbeat, always a deadbeat. Ed…
Read MoreAcross the Pond Banks are “Stabbing Small Business” in the Back!
March 7, 2013 Bob Coleman Editor, Coleman Report As a follow up to yesterday’s question if the U.S. federal government is doing enough to making sure Main Street has access to capital, the answer in the U.K. is a resounding no. First, we read the U.K. GDP shrank 0.3% at the end of 2012, now…
Read MoreDo you think Creditworthy Small Businesses can get the Money they need without the Government’s Help?
March 6, 2013 By Bob Coleman Editor, Coleman Report Do you think Creditworthy Small Businesses can get the Money they need without the Government’s Help? So asks our friend Kent Hoover in today’s Washington Business Journal. He cites this Politico op-ed piece co-authored by IFA Prez Steve Caldeira, NSBA’s Todd McCracken and new NADCO chief…
Read MoreBoefly Franchise Lending Spotlight Conference
March 6, 2013 With Mike Rozman, Co-President and Chief Strategy Officer Bob Coleman: We’re with Mike Rozman, Co-President, Boefly; Mike out of Needham, Massachusetts. We’ve been reading a lot about small business financing; the numbers are down. How does that translate to the franchise financing world? Mike Rozman: Sure, and thanks for having me on…
Read MoreDid you know a small business in Australia is defined as having 15 employees or less?
March 6, 2013 Did you know a small business in Australia is defined as having 15 employees or less? I didn’t. Anyway, I’ve been mulling this over the past week as SBA is proposing eliminating the personal resource test for its borrowers. That will expand the pool of eligible small business borrowers. SBA does have…
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