Posts Tagged ‘Coleman Report’
Fraud Friday — Jury Finds Two Arkansas Community Bankers Not Guilty of Bank Fraud
November 18, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Jury Finds Two Arkansas Community Bankers Not Guilty of Bank Fraud Former One Bank & Trust community bankers Michael Heald and Brad Paul have been acquitted of charges related to a 2007 loan after a three-week trial in federal court in Little Rock.…
Read MoreC-Suite Wednesday — A Coleman One Minute Poll about SBA and President Trump
November 9, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — A Coleman One Minute Poll about SBA and President Trump What do you think? A Trump Administration… Is good for SBA Is bad for SBA Under a Trump Administration SBA’s lending programs… Will increase Will decrease There will be no change Comments We’ll…
Read MoreSBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion
November 8, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion SBA approved more than 70,000 loans in the 7(a) and 504 loan programs in FY16 — nearly $29 billion. SBA claims the loans support nearly 700,000 jobs. SBA…
Read MoreMain Street Monday: “Pop-Up” Liquidation Strategies: An Evolution in Effective Inventory Monetization
November 7, 2016 By Ben T. Nicholson President, Fortis Business Advisors Contributer, Main Street Monday Main Street Monday: “Pop-Up” Liquidation Strategies: An Evolution in Effective Inventory Monetization To characterize a worse-case scenario of an asset-based loan gone bad, imagine a financial institution repossessing the collateralized inventory assets from a loan in default. The borrower is…
Read MoreSBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow
November 1, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow Effective today! The 7(a) Loan Program has been changed to the SBA Advantage Loan Program. The 504 Loan Program has been changed to the SBA Grow Loan Program All policies,…
Read MoreMain Street Monday: Retail Pop-Up Liquidation Strategies
November 7, 2016 By Ben T. Nicholson President, Fortis Business Advisors Contributer, Main Street Monday Main Street Monday: “Pop-Up” Liquidation Strategies: An Evolution in Effective Inventory Monetization To characterize a worse-case scenario of an asset-based loan gone bad, imagine a financial institution repossessing the collateralized inventory assets from a loan in default. The borrower is…
Read MoreColeman Movers and Shakers — AJ Nosek is Partner Engineering’s New National Client Manager
October 27, 2016 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers and Shakers — AJ Nosek is Partner Engineering’s New National Client Manager AJ Nosek is Partner Engineering’s New National Client Manager “We’re happy to have AJ join us at a time where it is increasingly important for banks and lenders to manage…
Read MoreFraud Friday — Former Chairman Loots his Bank to Pay off $800,000 of Credit Card Debt, Buys Houses for Kids
October 21, 2016 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former Chairman Loots his Bank to Pay off $800,000 of Credit Card Debt, Buys Houses for Kids Check out this story by Linda Satter of the Arkansas Democrat-Gazette about the widespread fraud at One Bank. Two former Arkansas bank execs are on trial…
Read MoreMain Street Monday — SBA Opposes CFPB Payday Lending Proposed Regs
October 17, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — SBA Opposes CFPB Payday Lending Proposed Regs Why do we care about SBA’s support of payday lenders? Because, next up on the Consumer Financial Protection Bureau’s agenda will be rules affecting small business lenders — especially online lenders — the lenders…
Read MoreC-Suite Wednesday — SBA Oversight Bill Status Update
October 12, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — SBA Oversight Bill Status Update The SBA Oversight bill passed by the Senate in June remains in limbo. Georgia Congressman Lynn Westmoreland told bankers at the USDA B&I lending forum in Atlanta last month corresponding legislation has not been introduced in the House…
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