Posts Tagged ‘dodd frank’
If 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…
Read MoreYou Call it Income, I Call it “Cash Flow”
June 18, 2013 By Bob Coleman Editor, Coleman Report With all pr about Small Business Week, NFIB Prez has penned a great op-ed piece reminding us what Main Street entrepreneurs truly think: 1) I’m a risk taker – but my risks are purposeful 2) I work seven days a week 3) My employees are my…
Read MoreListen Live to Karen Mills and Small Business Week Festivities Today at 9:45 Eastern
June 17, 2013 By Bob Coleman Editor, Coleman Report Small Business Week moves from Seattle to Dallas today. If you would like to hear SBA Administrator Karen Mills live, log into a Google hangout at 8:45 Central. Or, you can access the stream here. http://www.sba.gov/nsbw/nsbw Here is the morning schedule 1. Armchair Interview with SBA…
Read MoreIt’s Tougher than it was Five Years Ago, but I am Going to Succeed
By Bob Coleman Editor, Coleman Report That is small business’ new mantra writes Entrepreneur’s Cat Clifford. “Nearly six in 10 small-business owners say that it’s harder to run their company now than it was five years ago, according to a survey of 917 small-business owners and primary decision makers released today from digital-marketing company Constant…
Read MoreMug Shot Monday – The Pastor Used his Free and Clear Church for a $192,000 Mortgage.
June 17, 2013 By Bob Coleman Editor, Coleman Report The problem is says the Milwaukee Journal Sentinel is Ridgestone Bank had a $1.5 million lien on the church. What happened? “It seems the pastor created and filed a false discharge of the mortage lien on the church property held by Ridgestone Bank with the Kent…
Read MoreFraud Friday – Timber! A Log Brokerage Business’ Fake Numbers Doom Company, Executive and Bank
June 14, 2013 By Bob Coleman Editor, Coleman Report Today’s fraudster was cooking the books as an executive of a Virginia log brokerage company. His guilty plea last week to bank fraud will earn him a sentence between 12 and 60 months for inflating the values of his company’s accounts receivable and inventory on borrower…
Read MoreTips in Refinancing Debt With a SBA 7(a) Loan
June 13, 2013 By Karen McHugh SBA Complete What separates a conventional commercial loan from a SBA guaranteed loan? Bottom line is that no matter how creditworthy the deal is, if the loan does not comply with SBA program eligibility requirements, the lender is wasting their time hoping for a guarantee on the transaction. Therefore,…
Read MoreThe Small Business Loan Supply and Demand Debate Continues
June 13, 2013 By Bob Coleman Editor, Coleman Report Yesterday morning we profiled Kent Hoover’s coverage of Tuesday’s small business economic summit where he focused on how giving lenders access to federal government data could innovate the small business lending industry. Washington Post’s J.D. Harrison’s coverage goes another direction – the revival of the supply…
Read MoreBest Practices: Basics of Real Estate Security
June 12, 2013 By Joseph A. Ernst, Esquire Starfield & smith, P.C. In the Unites States, one key difference between the various states is how real estate is treated as collateral for a loan; some states secure a loan through the use of a mortgage, while others use a deed of trust. Both mortgages and…
Read MoreThe Ten Steps in Negotiating the Offer in Compromise of a Small Business Loan
The Ten Steps in Negotiating the Offer in Compromise of a Small Business Loan Wednesday, June 26th, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Use our “email address only” order form! The grand idea has failed. The loan is in default. And now it appears likely your borrower will not have the ability…
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