Posts Tagged ‘dodd frank’
Top 3 Candidates to Lead the SBA
July 24, 2013 By Bob Coleman Editor, Coleman Report Entrepreneur’s Cat Clifford continues to bang the drum about the absence of a candidate to replace outgoing SBA Administrator Karen Mills next month. Last week, I blasted the Administration for failing to act noting that there are a number of qualified candidates in the public and…
Read MoreFranchise Spotlight: Robeks
July 23, 2013 By Bob Coleman Editor, Coleman Report Bob Coleman: We’re with Mike Reynolds, the Chief Development Officer of Robeks at The BoeFly Franchise Lending Spotlight Conference 2013 and there we go, fruits, smoothies, and healthy eats. Mike, what do you guys do? Mike Reynolds: Well, we are the purveyor of high-quality premium smoothies.…
Read MoreWhat you Need to Know to Underwrite Franchise Loans
What you Need to Know to Underwrite Franchise Loans Tuesday, August 13th, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Use our “email address only” order form! Last year, over 1,000 franchise systems were financed by SBA lenders. Eleven percent of all SBA guaranteed loans are to a franchisee. There are major opportunities for…
Read MoreFive Months without a Replacement for SBA Administrator?
July 22, 2013 By Bob Coleman Editor, Coleman Report “There is no excuse for the administration’s inaction. Sadly, it appears the stated support for Main Street by the President during election was only pandering. It is ridiculous that the White House can’t find a qualified nominee after five months. There are a number of worthy…
Read MoreMug Shot Monday – 10 Days in Jail in $5 Million Loan Fraud?
July 22, 2013 By Bob Coleman Editor, Coleman Report Did celebrity worship influence a judge in a ten day sentence for loan fraud? The University of Memphis Tigers basketball game (former) announcer pled guilty to one count of loan fraud last February. The Commercial Appeal reported… U.S. District Judge Michael P. Mills told Roberts that…
Read MoreFranchise Tag Helps Reduce Small Business Loan Risk
July 19, 2013 By Bob Coleman Editor, Coleman Report We spoke with Mary Jo Larson, Publisher, Franchise Times about getting capital to large and up and coming franchise brands at the Franchise Spotlight Conference in Irvine, CA. Bob Coleman: We’re talking with Mary Jo Larson, the publisher of Franchise Times. Mary Jo, welcome, we’re in…
Read MoreFraud Friday – The Case of the Missing Cow Herd
July 19, 2013 By Bob Coleman Editor, Coleman Report Today’s fraudster comes from an unlikely fraud bucket – veterinarians. Small business loans to veterinarians perform much better than other loans. In fact one SBA lender started their business by only making loans to this industry. The Oklahoma vet received one year and a day in…
Read MoreFranchise Lending Increase Due To Transparency and Visibility
July 18, 2013 By Bob Coleman Editor, Coleman Report We spoke with David A. Nayor, Co-President and Chief Operating Officer of BoeFly, LLC and Michael Rozman, Co-President and Chief Strategy Officer of BoeFly, LLC about the Franchise Spotlight Conference in Irvine, CA. Bob Coleman: What did the lenders learn at this conference? Mike Rozman: I…
Read MorePepperdine Small Business Report Says Main Street Expects a 6% Sales growth in the next 12 Months
July 18, 2013 By Bob Coleman Editor, Coleman Report More from the Boefly franchise lending conference in Southern California. Tip of the hat to Boefly for an outstanding event matching franchisors with lenders. Six franchisors had 30 minutes to present their concept and pitched lenders with stats and info to convince them to finance their…
Read MoreGood News, One Story at a TIme — Firehouse Subs to Grow 23% this Year, to Open 145 Units
July 17, 2013 By Bob Coleman Editor, Coleman Report We spoke with Chris Eby, Manager of Franchise Development, Firehouse Subs, at the Boefly Franchise Lending Spotlight Conference this week. He gave us an update on how Firehouse Subs is doing and how small business financing could help grow the brand. Bob Coleman: We’re at the…
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