Posts Tagged ‘Coleman Report’
Small Business Lending in Deep Freeze
June 25, 2013 By Bob Coleman Editor, Coleman Report Yesterday, we reported how Obama’s Small Business Lending Fund has increased small business lending for 90% of lenders who accessed the fund. Today, another view. The Washington Post’s J.D. Harrison says three years after the end of the recession, we remain in a credit desert, with…
Read MoreObama Administration Small Business Lending Fund a Success, Say Treasury
June 25, 2013 By Bob Coleman Editor, Coleman Report Not to be out done by the larger Wall Street banks, now U.S. Treasury is getting into the small business loan chest thumping pr blitz and bragging about how it is meeting the needs of Main Street. Check out this array of cool stats. 1) 90%…
Read MoreSBA Ends National Small Business Week With Swan Song for Karen Mills
June 24, 2013 By Kent Hoover Washington Bureau Chief, Business Journals The Small Business Administration is ending its celebration of National Small Business Week with events in Washington, D.C., that serve as a swan song of sorts for SBA Administrator Karen Mills. Mills has been a strong leader for the SBA at a critical time,…
Read MoreWells Fargo Named Large SBA 7(a) Loan Lender of the Year
June 24, 2013 By Bob Coleman Editor, Coleman Report Three banks, two certified development companies and two Small Business Investment Companies today received the highest recognition by the U.S. Small Business Administration in Washington, D.C., as they were proclaimed 2013 Lenders and Investment Companies of the Year, during National Small Business Week. Also honored were…
Read MoreWhat is the Definition of a Small Business?
June 21, 2013 By Bob Coleman Editor, Coleman Report We sat down with Ami Kassar, CEO and Founder of MultiFunding to discuss how small businesses are being defined. Ami is a nationally renowned leader in small business planning and lending. Ami is published weekly in the You’re the Boss New York Times Blog covering small business.…
Read MoreSBA Guaranty Repairs and Denials
June 20, 2013 By Karen McHugh SBA Complete If and when it comes to pass that you need to call upon the SBA to pay under its guaranty, there are three responses that could occur: • Full payment of the guaranty • Reduced payment of the guaranty (as a result of a repair) • Denial…
Read MoreSBA Administrator Karen Mills & Square/Twitter Co-Founder Jack Dorsey Chat Biz & Tech
June 20, 2013 By Bob Coleman Editor, Coleman Report Today is day four of National Small Business Week! Events are taking place in Pittsburgh and online, so take a look at what’s on the agenda for panels on how to start or grow a business. You can also check out the live-stream of SBA Administrator…
Read MoreSBA Lending to Franchises Jumps 60%
June 20, 2013 By Bob Coleman Editor, Coleman Report New York, NY – A new report released at the start of the International Franchise Expo in New York City shows that U.S. Small Business Administration (SBA) lending to franchising increased more than 60 percent over the previous year, shrinking a credit access gap that has…
Read MoreThe Revised SBA Third Party Lender Agreement
June 19, 2013 By Jessica L. Conn, Esquire Starfield & Smith, PC When SBA introduced the streamlining documents for the 504 Loan Closing process, significant changes were made to the Third Party Lender Agreement. While many of these changes were simply clarifications, some change the substance of the certifications and covenants made by third party…
Read MoreIf it’s Wednesday, It must be St. Louis
June 18, 2013 By Bob Coleman Editor, Coleman Report Watch a live stream of National Small Business Week in St. Louis. http://www.sba.gov/nsbw/ Here is today’s agenda. 10:15 to 1 p.m. Eastern 1. “Growing and Going Global” Panel Moderator: Cory Simek, Director, USEAC (Dept. of Commerce) St. Louis, MO o Doug Potts, Missouri Department of Economic…
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