Posts Tagged ‘Main Street’
SBA 6th Annual Secondary Market Forum
Tuesday, December 3, 2013 Bingham Penthouse Conference Room 2020 K Street, NW (11th floor) Washington, DC 20006 Download Registration Form Each year, the SBA Secondary Market Forum brings together the leaders from the SBA lending industry, professional SBA broker dealers, buyers from the investment community, and government agencies. Join us in Washington D.C. as we…
Read MoreSBA Eligibility 101
August 15, 2013 SBA Eligibility 101 By Charles H. Green Bob Coleman recently presented a webinar on SBA loan program eligibility recently. Joining him was Gina Rodgers, Manager of Training and Personnel for Banc-Serv Partners, LLC based in Westfield IN. The webinar was introduced as an in-depth look at standard 7(a) program eligibility through many…
Read MoreThursday’s Movers and Shakers
August 15, 2013 Thursday’s Movers and Shakers Matt Lilly Joins PCFS 2000 Mathew Lilly has joined PCFS 2000 as the Western Regional Sales Manager. This includes the Western part of the U.S. and includes Illinois, Michigan, Wisconsin, and Indiana. Mathew has more than 10 years of financing experience with seven years focused in U.S. SBA…
Read MoreSBA 7(a) Prepayments Remain Above 7%
August 14, 2013 By Bob Judge Editor, CPR Report In June prepays stayed above 7% for the second month in a row and for the 4th time this year. The reason for the move into the 7s is the same one I have given all year. Voluntary prepayments have begun to recover while defaults remain…
Read MoreThree Critical Material Issues For Your SBA Loan Review
August 13, 2013 By Karen McHugh SBA Complete One of the services that SBA Complete provides is an on-site or remote compliance loan review. Our narrative report provides a summary of key findings, critical issues, and recommendations for best practices. Our approach is not that as an “auditor,” but as an “educator.” We provide a…
Read MoreMug Shot Monday — Bank Owner Charged with $70 Million Fraud – Lied about Bank’s Financial Condition, Built Tunnel at his House
August 12, 2013 By Bob Coleman Editor, Coleman Report Three directors of a failed bank, also the chairman’s wife, have been charged with a $70 million bank fraud that resulted in the closing of Illinois based Premier Bank. The indictment says that from 2006 until the bank’s failure, the defendants hid the poor financial condition…
Read MoreJust 65% of Small Businesses Report they are able to Obtain Adequate Financing, Down from 73% Six Months ago.
August 12, 2013 Last week I reported on NFIB’s access to capital quarterly survey results. This week another small business advocacy group, NSBA, released their 2013 Mid-Year Economic Report. The takeaway? Main Street’s lack of capital stifles job creation. “Using NSBA data from as far back as 1993, there is a clear correlation to a…
Read MoreFriday’s Movers and Shakers
August 9, 2013 Friday’s Movers and Shakers Lisa Gambrino and Kimberly Lahr are merging their long established firm sbaStrategies, with SBA Complete. “We feel very fortunate to be able to join forces with such extremely talented people as Lisa & Kimberly. Because of their outstanding reputation, Lisa and Kimberly bring a strong client following and…
Read MoreFraud Friday – Bank of America Too Big to Jail, More Indictments for Community Bankers
August 8, 2013 Fraud or irresponsible conduct are the terms thrown about describing Bank of America’s employees in a civil action filed by the Department of Justice against the Wall Street bank this week. The DOJ accuses the bank of vastly understating risks to investors in $850 million in mortgage backed securities. Five investors lost…
Read MoreColeman Franchise Spotlight: Ice House America
August 8, 2013 We spoke with Jonathan Meltzer, VP, Ice House America at the Boefly Franchise Spotlight Conference in Irvine, CA. Bob Coleman: We’re talking to Jonathan Meltzer, Ice House America out of Jacksonville. What’s Ice House America? Jonathan Meltzer: Ice House America is the largest franchiser for ice vending machines in the United States.…
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