Posts Tagged ‘Coleman Report’
Fraud Friday — Borrower Continues FInancial Fraud while on Bond, Jailed
July 20, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Borrower Continues FInancial Fraud while on Bond, Jailed Life got harder for Wisconsin businessman Ron Van Den Heuvel after a judge ordered him jailed following allegations that he continued to commit crimes while free on bond. Van Den Heuvel was convicted and sentenced…
Read MoreFraud Friday — Two Borrowers Jailed for Loan Fraud, Lying to SBA
April 20, 2018 Fraud Friday — Two Borrowers Jailed for Loan Fraud, Lying to SBA By Bob Coleman Editor, Fraud Friday On Tuesday, Harold Halman, II, 58 got 36 months. Alexander Schaap, 62, got 30 months. Craighton Boates, 44, received five years’ probation. The three were principals of Global Medical Equipment of Arizona. They defrauded…
Read MoreMain Street Monday — Bank of America Survey Finds Hispanic Entrepreneurs Overwhelmingly Optimistic About Future
March 26, 2018 By Bob Coleman Editor, Coleman Report Main Street Monday — Bank of America Survey Finds Hispanic Entrepreneurs Overwhelmingly Optimistic About Future “Hispanic small business owners expect robust economic growth, higher revenue and increased hiring in 2018,” says Elizabeth Romero, Small Business Central Division executive, Bank of America. “As one of the fastest-growing…
Read MoreFraud Friday — Ex-Mayor, Bank SVP Sentenced to 13 Years for $6 Million Loan Fraud
March 23, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Ex-Mayor, Bank SVP Sentenced to 13 Years for $6 Million Loan Fraud A photoshop fake loan documents expert who was an ex-mayor, bank executive and church leader of Enid, Oklahoma — 65 year-old Ernie Currier — will be spending his golden retirement years…
Read MoreMain Street Monday — Small Business Loan Delinquencies Tick Up
December 19, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Loan Delinquencies Tick Up Loans more than 30 days past due rose in October to 1.68 percent, the seventh straight monthly increase and the highest delinquency rate since November 2012. PayNet CEO and founder Bill Phelan sees a glass…
Read MoreSBA Hot Topic Special Friday Edition! — SBA Releases New Litigation Plan Form for 7(a) and 504
December 2, 2016 By Bob Coleman Editor, SBA Hot Topic Special Edition SBA Hot Topic Special Friday Edition! — SBA Releases New Litigation Plan Form for 7(a) and 504 Check out SBA’s new litigation plan template for 7(a) and 504 SBA Loans. This is a game changer in terms of the ease of preparation of…
Read MoreC-Suite Wednesday — The 5 KPIs You Must Check Before Financing a Hotel
November 30, 2016 By Sundip Patel Founder and CEO, AVANA Capital Guest Contributor, C-Suite Wednesday C-Suite Wednesday — The 5 KPIs You Must Check Before Financing a Hotel A recovery in the lodging industry has made hotels attractive for investment. Here are the five Key Performance Indicators (KPI) you need to know when evaluating a…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of November 29, 2016
November 29, 2016 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of November 29, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.375 +0.114% -0.342% 10 Years P + 2.75 112.400 +0.134% 0.134% 15 Years P + 2.75 113.625…
Read MoreSBA Hot Topic Tuesday — SBA Announces New PARRiS Factors
November 22, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Announces New PARRiS Factors The New Quantitative Factors Forecasted Purchase Rate The Forecasted purchase rate projects the percent of a 7(a) Lender’s portfolio that will be purchased over the next 12 months. It is calculated from the dollar-weighted…
Read MoreMain Street Monday — Who Specifically Should Trump Nominate as SBA Administrator?
November 21, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Who Specifically Should Trump Nominate as SBA Administrator? Last week, our Coleman poll showed 69% of you say Trump’s nominee as SBA Administrator should come from the banking sector. Others say: Small business owner — 20% Fortune 500 — 4% Government…
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