Posts Tagged ‘dodd frank’

  April 24, 2013 By Bob Coleman Editor, Coleman Report U.S. Bank’s 2013 Annual Small Business Survey Their 32 page report is chocked full of so much information I will take several blog posts to discuss. First, start with the basics. U.S. Bank defines a small business as one with revenues of less than $10…

April 23, 2013 Bob Coleman Editor, Coleman Report “If you are price sensitive we are probably not an option. If you are speed sensitive we are,” says the president of the online pawn shop, Burro. The “speed to market and pay whatever it takes” theme is consistent with other small business financing options in this…

April 23, 2013 By Bob Coleman Editor, Coleman Report With a small business loan portfolio capped at 12.25% of assets, credit unions are lobbying Congress hard to increase this limit. But for American Eagle FCU out of Connecticut they are throwing in the towel. The credit union has decided the cost of building an infrastructure…

April 22, 2013 by Bob Coleman Editor, Coleman Report Small Business Capital Market is Inefficient So says New York Times blogger Ami Kassar. “The market for capital is inefficient, and in many cases results in gridlock for entrepreneurs, lenders, and investors. “The best advice that I think I can give anyone in the hunt for…

April 22, 2013 By Bob Coleman Editor, Coleman Report With the conflicting reports out there that small business lending is up.. no wait down…there is one undisputed fact. Crowdfunding is up significantly. Crowdfunding allows anyone to become a bank, and lend a small amount, even $25, to a small business. Crowdfunding is expected to lend…

April 22, 2013 By Bob Coleman Editor, Coleman Report Ten Reasons for Small Business Failure I’ve written in the past that there is only one reason for small business failure – the journey has become too hard and the entrepreneur simply gives up. Here is a contrarian view that I don’t necessarily disagree with. The…

April 19, 2013 By Bob Coleman Editor, Coleman Report New York Time Small Business Journalist Robb Mandelbaum has written an excellent recap of agency’s push to help lenders’ make loans less than $150,000. The percentage of SBA 7(a) loans less than $150,000 has dipped to 9% of the program, off the 24% peak in 2007.…

April 19, 2013 By Bob Coleman Editor, Coleman Report The trial of five former community bankers continues in Virginia, where the federal prosecutors’ main witnesses are two borrowers who were lent $40 million from the Bank of Commonwealth. This week’s highlights: Co-defendant, real estate developer, Dwight Etheridge, had a groundbreaking ceremony for a five-story office…

April 18, 2013 By Jon Winick Clark St. Capital According to the Federal Reserve Beige Book, there is increasingly positive economic activity. The survey described steady to rising loan demand in most districts. Loan demand was steady to slightly up at most District Banks that commented on lending. The Philadelphia District, however, said loan volumes…

April 18, 2013 By Bob Coleman Editor, Coleman Report SEC Seized SBA Lender Update of Mark Feather’s Small Business Capital It’s been almost a year since the SEC seized Northern California SBA lender Small Business Capital. During that time the court-appointed receiver has been winding the operations of the firm previously owned by Mark Feathers.…