Posts Tagged ‘Bob Coleman’
NACLB Coverage — Conventional Commercial Real Estate Rates to Remain @ 5% in 2017
October 6, 2016 NACLB Coverage — Conventional Commercial Real Estate Rates to Remain @ 5% in 2017 Exclusive from Las Vegas By Bob Coleman Editor, Coleman Report The National Alliance of Commercial Loan Brokers second annual convention hosts almost 500 small business lenders and small business loan brokers this week. Michael Sneden of ValueXpress presents…
Read MoreC-Suite Wednesday — Maximizing Recoveries in a Wind Up
October 5, 2016 By Ben T. Nicholson President, Fortis Business Advisors Contributor, C-Suite C-Suite Wednesday — Maximizing Recoveries in a Wind Up Early in the Going-Out-of-Business sales at Sports Chalet, customers reported disappointment in not getting a “great deal.” This is not surprising. To generate a significant enough return to pay off creditors and vendors,…
Read MoreC-Suite Wednesday — What’s in a name? How the SBA Harnessed Franchise Brand Name Complexities
September 21, 2016 By Edith Wiseman CFE, President FRANdata C-Suite Wednesday — What’s in a name? How the SBA Harnessed Franchise Brand Name Complexities When submitting loan packages to the SBA to obtain loan guarantee numbers, lenders need to determine if the loan meets affiliation standards. Franchise loans must meet both general borrower and franchise-specific…
Read MoreColeman’s Movers and Shakers — Live Oak Bank Announces USDA Renewable Energy Loan Division
September 8, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman’s Movers and Shakers — Live Oak Bank Announces USDA Renewable Energy Loan Division Jordan Blanchard and Rebecca Rogers to Lead Live Oak Bank Solar Lending Division Jordan Blanchard Rebecca Rogers “I consider myself extremely lucky to be part of Live Oak Bank’s Renewable…
Read MoreC-Suite Wednesday — 41% of Main Street Say Lack of Capital is Hindering their ability to Grow
September 7, 2016 By Bob Coleman Editor, C-Suite Wedensday C-Suite Wednesday — 41% of Main Street Say Lack of Capital is Hindering their ability to Grow The 2016 National Small Business Association Mid-Year Economic Report shows a small-business community that is continuing to plug along, with ongoing concerns over the overall economy. Economic uncertainty continues…
Read MoreColeman’s Movers and Shakers — Leticia Scearce Named Senior Vice President of Grandpoint Bank
September 1, 2016 By Bob Coleman Editor, Coleman’s Movers and Shakers Coleman’s Movers and Shakers — Leticia Scearce Named Senior Vice President of Grandpoint Bank “Government guaranteed lending is an increasingly important component of our lending program,” says David J. Ross, executive vice president & chief credit officer of Arizona and California-based Grandpoint Bank. “If…
Read MoreMain Street Monday — Small Business Debt Defaults Rise
August 29, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Debt Defaults Rise Small businesses appear to be having more difficulty paying back existing loans. Loans more than 30 days past due rose in June to 1.56 percent, the highest since October 2014, data from PayNet shows. Small business…
Read MoreC-Suite Wednesday — PNC Bank Pays Feds $9.5 Million to Settle Claims for Bad SBA Loans
August 17, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — PNC Bank Pays Feds $9.5 Million to Settle Claims for Bad SBA Loans PNC Bank settled a $9.5 million False Claims Act yesterday for failure to prudently underwrite and close SBA 7(a) loans. PNC approved 74 PLP SBA-guaranteed loans that were brokered by…
Read MoreMain Street Monday — Small Business Lending Standards Relatively Unchanged
August 8, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Lending Standards Relatively Unchanged Says the Federal Reserve in its July 2016 senior loan officer survey. Overall, banks tightened credit standards for large and middle-market businesses For very small businesses, annual sales less than $5 million, credit standards remain…
Read MoreMain Street Monday — Kleiner’s Laws — Make Sure the Dog Wants to Eat the Dog Food
August 1, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Kleiner’s Laws — Make Sure the Dog Wants to Eat the Dog Food Famed venture capitalist Eugene Kleiner is best known for his Kleiner’s Laws for investing. I ran across them the other day, and thought it would be fun to…
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