Posts Tagged ‘Bob Coleman’
Sequester and the SBA – Optimism Reigns in Uncertain Times
March 5, 2013 By Bob Coleman Editor, Coleman Report Entrepreneur’s Cat Clifford does a nice job in this article recapping the current state of SBA lending. She surmises we don’t know the full effect of the Sequester and it is difficult to predict how the agency will be operating in a year. However, the big…
Read MoreNon Profits Fill Small Biz Micro Lending Niche
March 5, 2013 By Bob Coleman Editor, Coleman Report This is an uplifting story about a number of economic development companies meeting the need for Main Street micro loans. The article profiles New York Business Development Corp, New Mexico Community Development Loan Fund, Albuquerque’s The Loan Fund and Florida’s Pasco Economic Development Council. Writes Mildred…
Read MoreWhat Every SBA Lender Must Know About the Federal False Claims Act
What Every SBA Lender Must Know About the Federal False Claims Act How SBA Lenders Can Become Liable Under the Federal False Claims Act Thursday April 4, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Complimentary Coleman Report News with Bob Coleman starts at 1:50 p.m. Eastern Use our “email address only” order form!…
Read MoreSix Questions to Ask how Sequester Will Affect Your Customers
March 4, 2013 By Bob Coleman Editor Coleman Report Ok, question number six of whether you are a criminal or not is tongue in cheek, but this Bill Murphy Jr. INC article is a good starting point to begin a dialogue of how your customers will be affected by Sequestration. Here are the six questions…
Read MoreCheck Out These Three Cases Involving SBA loan fraud activity, as reported by SBA’s Inspector General
March 4, 2013 A Louisiana couple obtained an SBA-guaranteed loan for $560,000 to purchase a furniture store. They have been arrested for misrepresenting the value of the collateral for the loan; selling the collateral without the lender’s knowledge and falsifying their personal financial statements. A Virginia man pled guilty to making false statements on a…
Read MoreNADCO’s CEO Calls Sequestration a Jackboot on the Neck of Small Business
March 1, 2013 By Bob Coleman Editor Coleman Report New NADCO CEO Beth Solomon pens a strong argument that the sequestration starting today will be terrible for small business and the economy. She argues that with small business leading the recovery by creating two out of every three jobs over the past three years, now…
Read MoreThe Two Sides of the Small Business Loan Supply Argument
February 28, 2013 We all read the chest-thumping platitudes how big Wall Street banks are breaking all sort of small business lending records. Specifically we’re talking about press releases by Bank of America, (UP 28%!), Citi (UP 21%!). Then, you have the other side of the coin. Inc’s Burt Helm writes small business lending only…
Read MoreParticipate in Coleman’s 2013 SBA BDO Compensation Survey, and Receive a Complimentary Report
February 28, 2013 Participate in Coleman’s 2013 SBA BDO Compensation Survey, and Receive a Complimentary Report. Coleman is collecting information for our 20th annual SBA business development officer compensation survey. We track compensation packages for BDOs who produce SBA 7(a) and SBA 504 loans. All responses are confidential. We only publish summary results. For everyone…
Read MoreBest Practices in Preparing the SBA 7(a) GP Loan Package March 19, 2013
Best Practices in Preparing the SBA 7(a) GP Loan Package Doing it Right to get a Quick Approval from Citrus Heights Tuesday, March 19, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Complimentary Coleman Report News with Bob Coleman starts at 1:50 p.m. Eastern Use our “email address only” order form! Making SBA loans…
Read MoreAverage Age of Successful Founders – 39 to 41
February 27, 2013 By Bob Coleman Editor Coleman Report This is not your Father’s retirement. Almost half of all Baby Boomers consider themselves entrepreneurial and comfortable with high risk. That’s double the 28% of millenials. And the average age of entrepreneurs continues to rise, with the largest growth in the 55 to 64 year old…
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