Posts Tagged ‘Coleman Report’
SBA Hot Topic Tuesday — SBA Loan Program Charge Off Percentages Plummet Part Two
April 21, 2015 By Bob Coleman Editor, Hot Topic Tuesday Two weeks I wrote about plummeting SBA 7(a) and 504 delinquency and charge-off rates. Granted, there was an uptick in SBA 7(a) charge-offs, but the unofficial consensus is this number is due to purchases several years old still working their way through the stomach of…
Read MoreSmall Business Lending Stats — Only 32% of Main Street Regularly Borrows Money says NFIB
April 21, 2015 By Bob Coleman Editor, Small Business Lending Stats From the March NFIB Small Business Economic Trends March 2015 Report Credit Markets Five percent of owners reported that all their credit needs were not met, up 2 points but historically low. Thirty-five percent reported all credit needs met, and 48 percent explicitly said…
Read MoreMug Shot Monday — Borrower Pleads Guilty to Money Laundering, Bank Fraud Charge Dismissed
April 20, 2015 By Bob Coleman Editor, Mug Shot Monday As we wrote one year ago, the patent holder of a “pseudo adiabatic engine” was living the good life in Florida with his $169 million net worth. What is a “pseudo adiabatic engine?” Well, it’s pretty cool technology. It will get you twice the fuel…
Read MoreMain Street Monday — Hospitality Financing Case Study
April 20, 2015 By Bob Coleman Editor, Main Street Monday Yep. Main Street Wednesday, will now lead off the week for the Coleman Report in the AM slot. Today’s offering. Hospitality financing. Hotel News Now offers a slew of articles about the recently concluded 27th annual Hunter Hotel Conference. The link is at the bottom…
Read MoreFraud Friday — Nik Patel’s Former Home Sells at 27% Discount for $3.25 Million
April 17, 2015 By Bob Coleman Editor, Fraud Friday Accused of a $150 million fraud in fake USDA B&I loans, Nik Patel is voluntarily selling all of his assets through a receiver to help Pennant Management recoup some of the funds. After selling five hotels for $87 million, the mansion Nik bought in November 2013…
Read MoreFeedback Friday — The Spike in SBA 7(a) Loan Charge-Offs
April 17, 2015 By Bob Coleman Editor, Feedback Friday SBA 7(a) Loan Workout Guru Timothy Yentsch of Rhode Island’s Independence Bank writes with an explanation of the uptick in SBA 7(a) charge-off rates. He says . . . . . SBA has begun to rapidly catch up on charge offs after They hired more people…
Read MoreCOLEMAN SMALL BUSINESS LENDING CALENDAR — Meet 40 Brands at Franchise Time’s Event Next Week in Vegas
April 16, 2015 By Bob Coleman Editor, Small Business Lending Calendar Franchise Times’ Annual Franchise Finance & Growth Conference is franchising’s premier franchise lending and dealmaker’s conference. Attendees are invited to meet with franchise lenders and investors throughout the conference and get an inside look at the growth plans of over 40+ successful franchise companies…
Read MoreColeman Online Small Business Lending Report — Say Hello to the Small Business Finance Association
April 16, 2015 By Bob Coleman Editor, Online Small Business Lending Report A trade association that represents alternative, online small business lenders. Which used to be called the North American Merchant Advance Association, or NAMAA. The name change is significant and reflects the changing landscape of alternative small business lenders and Main Street. ‘NAMAA started…
Read MoreMain Street Wednesday — April 15 and Main Street
April 15, 2014 By Bob Coleman Editor, Main Street Wednesday The National Small Business Association’ 2015 survey on taxes found that, while the financial tax liability for small firms is a huge issue, the sheer complexity of the tax code is actually a more significant problem for America’s small businesses. In fact, 59 percent of…
Read MoreColeman C-Suite Small Business Lending Report — SBA BDO Survey
April 15, 2015 By Bob Coleman Editor, Coleman C-Suite For those of you in the C-Suite, make sure you have your SBA BDOs complete our annual compensation survey. The benefit? They receive a free copy of the report, and they may chose to share it with you. Or not. Better yet, sign in and fill…
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