May 9, 2014   By Bob Coleman Editor, Coleman Report   A couple of weeks ago I reported on the arrest of two Sonoma Valley Bank bankers, Sean Cutting and Brian Melland, a borrower and the borrower’s attorney. The four were arrested in connection with the loss of $8.65 million in TARP funds when the…

Read More

May 8, 2014   United Community Bank Acquires Business Carolina   Blairsville, Ga.-based United Community Banks Inc. said Monday its banking subsidiary agreed to acquire approximately $25 million of loans and $6 million of other assets from Columbia-based commercial lender Business Carolina Inc. “We have been looking for a partner to help fuel our efforts…

Read More

May 6, 2014     By Bob Coleman Editor, Coleman Report   I’m back in town after leading the “Hot Topic” Third Party Lender breakout session at the Broadmoor Hotel in Colorado Springs last week. Thanks to the panelists for taking their time to inform session attendees their view of the SBA 504 industry: Donald…

Read More

February 26, 2014 By Bob Coleman Editor, Coleman Report “We built bQual to address the questions we’ve heard from some of the thousands of business owners that have used BoeFly since we launched in March of 2010 — “Can I get real-time information and insight before I start the search for financing,” said Mike Rozman,…

Read More

February 26, 2014 By Bob Coleman Editor, Coleman Report $1 trillion says SBA’s Office of Advocacy. This just released two page report is a nice overview of the current state of small business lending. Here are some stats for 2013; Small Business Borrowing from Banks – $585 billion Small Business Borrowing from Finance Companies –…

Read More

February 25, 2014 In December, prepays fell below 7% for the first time since April, finishing the year on a positive note. While we finished 2013 with a print below 7%, this is only the third monthly reading below that benchmark recorded last year. For comparison purposes, all twelve months of 2012 were below 7%.…

Read More

February 24, 2014 By Bob Coleman Editor, Coleman Report This is a twist on a commercial lender con. The feds allege two Delaware commercial lenders, working for different banks, made loans to each other over a 12-year period for fake commercial real state investments and below market car loans. Brian Bailey plead not guilty last…

Read More