Posts Tagged ‘dodd frank’
Bankruptcy and the SBA Loan — Five Issues You Must Know
Bankruptcy and the SBA Loan — Five Issues You Must Know Tuesday August 14, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Complimentary Coleman Report News with Bob Coleman starts at 1:50 p.m. Eastern Use our “email address only” order form! A borrower’s bankruptcy is a common occurrence for workout specialists. However, if the…
Read MoreAs part of World Trade Month, SBA is promoting its export finance lending programs.
May 14, 2013 By Bob Coleman Editor, Coleman Report As part of World Trade Month, SBA is promoting its export finance lending programs. (Which, by the way Export Express is the only 7(a) niche that offers a 90% guaranty.) However, it’s a tough slog. Inc. Magazine’s Julie Strickland writes 84% of small business sees greater…
Read More25% of the 65+ Plus Crowd are Self-Employed
May 14, 2013 By Bob Coleman Editor, Coleman Report 25% of the 65+ Plus Crowd are Self-Employed I didn’t know that. Also, 15% are self-employed in the 50-64 bucket. Anyway, if you are over 50, and want to start a business, SBA has a name for you – encore entrepreneur. And a website. http://www.sba.gov/content/50-entrepreneurs It’s…
Read MoreMajor SBA Lender Live Oak Bank Ranks 2nd in Small Biz Lending Increase
May 8, 2013 By Bob Coleman Editor, Coleman Report Specialty SBA lender Live Oak Bank, the 3rd highest generator of SBA 7(a) loans for the first quarter of 2013, increased its small business lending volume by 240% last year. Live Oak Bank received nearly $7 million from the U.S. Treasury’s Small Business Lending Fund. Writes…
Read MoreWhat Senior Management Needs to Know about the “Small Loan Advantage” Program
What Senior Management Needs to Know about the “Small Loan Advantage” Program How to Implement the Small Loan and Community Advantage Product Thursday, May 30, 2013 2:00 p.m. to 3:15 p.m. Eastern Price: $289.00 Use our “email address only” order form! What’s not to like? A 85% guaranty for loans up to $150,000, and a…
Read MoreSBA Loans on Upswing
May 7, 2013 Reports CFO Magazine’s Marielle Segarra. “Small business lending may be warming. The Small Business Administration has backed more small business loans so far this fiscal year than it did during the same period in 2012. As of May 4, the SBA had approved about 26,000 loans through its 7(a) program, compared to…
Read MoreHospitality Industry Cliffs Notes For Lenders — “It’s Good”
May 7, 2013 By Bob Coleman Editor, Coleman Report We sat down with Jan Freitag, a Senior Vice President at STR, his firm tracks supply and demand data for the hotel industry and provides valuable market share analysis for all major international hotel chains and brands. He simply said hospitality lending is “good right now,…
Read MoreDoes Google Want to be a Small Business Lender?
May 6, 2013 By Bob Coleman Editor, Coleman Report Asks Bloomberg’s Patrick Clark. The reason for the question is Google has announced two investments in alternative lenders this week, including a $125 million investment in Lending Club. Who is Lending Club? The company boldly states, “Lending Club is using the Internet to reshape the financial…
Read MoreSpeed to Market Outweighs Cost For Small Biz Borrowers Says Biz2Credit
May 6, 2013 By Bob Coleman Editor, Coleman Report We sat down with Rohit Arora, CEO & Co-Founder of Biz2Credit to talk about how speed to market, getting cash to small business quickly, has become a top priority for main street. Bob Coleman: Rohit you have a lot of data that you accumalate from your…
Read MoreCREED Act Gaining Momentum – Special Offer by NADCO for Coleman Subscribers
May 3, 2013 By Bob Coleman Editor, Coleman Report Bob Coleman: Beth you have a big conference coming up at the Hotel Coronado, what is new this year for NADCO? Beth Solomon: Bob thank you so much. We have a record attendance this year, a jump of 30% from last year. Bob Coleman: Great, tell…
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