Posts Tagged ‘Coleman Report’
Movers and Shakers
October 1, 2015 By Bob Coleman Editor, Movers and Shakers ReadyCap Sells Excess SBLC License to CenterStone SBA Lending, Retains the CIT License John Moshier, President of ReadyCap Lending writes the Coleman Report, “ReadyCap Lending is pleased to announce the sale of one of its SBLC licenses. ReadyCap purchased the SBLC license formerly held by…
Read MoreColeman C-Suite Wednesday 30 Second Poll — How did Your Year Turn out?
September 30, 2015 By Bob Coleman Editor, C-Suite Coleman C-Suite Wednesday 30 Second Poll — How did Your Year Turn out? Today is the end of the government’s fiscal year, and if you are a SBA lender, today is the last day to get your 7(a) and 504 loans approved for the 2015 SBA lender…
Read MoreFraud Friday — Northern California Wildfires a Predictor of Future Fraudulent Loan Activity
September 25, 2015 By Bob Coleman Editor, Fraud Friday Fraud Friday — Northern California Wildfires a Predictor of Future Fraudulent Loan Activity Says the First American Loan Application Defect Index. Now, the study tracks residential mortgage application fraud “defects” on a nationwide, individual market basis. But comparing the stats for predicting fraud in commercial real…
Read MoreColeman’s Movers and Shakers — CenterStone SBA Lending Acquires SBLC License
September 24, 2015 By Bob Coleman Editor, Movers and Shakers Coleman’s Movers and Shakers — CenterStone SBA Lending Acquires SBLC License Los Angeles-based CenterStone has successfully closed the purchase of a small business lending company license from ReadyCap Lending on September 14th Jason Pak, CEO of CenterStone SBA Lending, is a seasoned executive in the…
Read MoreMain Street Monday — Can the Franchise Model Survive the NLRB Ruling?
Main Street Monday — Can the Franchise Model Survive a NLRB Ruling? Last month’s ruling by the National Labor Relations Board opens the doors that franchisees may become de facto franchisor employees — managers, not small business owners. The NRLB ruled garbage hauler Browning-Ferris Industries should be considered a “joint” employer” along with a staffing…
Read MoreFraud Friday — Former Bank President Pleads Guilty to $3.5 Million Fraud
September 18, 2015 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former Bank President Pleads Guilty to $3.5 Million Fraud I gave my five common themes of lender employee fraud in a speech to America’s Small Business Development Company annual conference in San Francisco last week. Long Time Employee Outside Investments make them appear…
Read MoreColeman’ Movers and Shakers — Register for 8th Annual SBA Secondary Market Summit by 9/30 and Save $300
September 17, 2015 By Bob Coleman Editor, Movers and Shakers Coleman’ Movers and Shakers — Register for 8th Annual SBA Secondary Market Summit by 9/30 and Save $300 Join high-level stakeholders from banks, investors and government to explore new approaches for deals, profit and risk-mitigation in SBA secondary markets. Discuss the hottest issues that will…
Read MoreColeman C-Suite Report — Main Street Accelerates Trading Speed for Higher Small Business Loan Rates
September 16, 2015 By Bob Coleman Editor, C-Suite Coleman C-Suite Report — Main Street Accelerates Trading Speed for Higher Small Business Loan Rates Last month, I read in Forbes that Paypal will soon pass the $1 billion mark in small business lending. This paragraph reveals their business model. PayPal is attracting larger merchants – including…
Read MoreSBA Hot Topic Tuesday — Franchise Feedback, Debt-Refi Feedback and PARRis Review Eliminates Judgement Rankings in Numerical Ratings
September 15, 2015 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — Franchise Feedback, Debt-Refi Feedback and PARRis Review Eliminates Judgement Rankings in Numerical Ratings One special assets reader adds two more things to consider in addition to the five listed yesterday in Main Street Monday. 6. Look especially hard at how…
Read More5 Things to Consider When Making an SBA Franchise Loan
September 14, 2015 By Walter H. McLaughlin Coleman Report Contributor Senior Vice President/SBA Manager Banner Bank 5 Things to Consider When Making an SBA Franchise Loan Every good business model recognizes the need for balance between supply and demand. In the SBA world, franchise lending is a microcosm of that basic economic principle. A 2014…
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