Posts Tagged ‘Main Street’

August 8, 2013 By Bob Coleman Editor, Coleman Report The USDA and SBA, no reference to a lender, are being sued by a coalition of environmental groups for failing to perform a proper environmental impact report on a hog farm that was financed by an SBA loan. Reports the Arkansas based Springfield News-Leader; “The plaintiffs…

August 7, 2013 By: Kimberly A. Rayer, Esquire The U.S. Small Business Administration (“SBA”) has recently released new Litigation Plan Tabs that must be completed for Non-Routine litigation matters. These new Tabs replace the prior Litigation Plan form provided by SBA and are more consistent with the requirements set forth in SOP 50 57. The…

August 7, 2013 By Bob Coleman Editor, Coleman Report One in five say poor sales is their number one problem in the NFIB quarterly survey of its members. At the other end of the spectrum the same number say taxes are their single most important problem. Safe to say you want to target those small…

August 6, 2013 By Bob Coleman Editor, Coleman Report The clock continues to count down to the end of August when SBA Administrator Karen Mills vacates her office and moves to the hallowed halls of Harvard. Frustrated with the lack of a successor several industry leaders have had enough and have floated some names for…

July 31, 2013 By Bob Coleman Editor, Coleman Report Bob Coleman: We’re talking with Rich Carlson, Regional Director at InterContinental Hotels Group, IHG at The BoeFly Franchise Lending Spotlight Conference 2013 in Southern California. I think I got that all in. Rich Carlson: I think you got it, thank you. Bob Coleman: Rich, you’re the…

July 30, 2013 By Bob Coleman Editor, Coleman Report There is a Summer SBA Lender Conference near You in Detroit, Oklahoma City and Orlando! I look forward to speaking on Thursday in Detroit at the Great Lakes Lender Conference. If you are attending, and I just checked their website that they will take registrations at…

July 30, 2013 By Bob Coleman Editor, Coleman Report Next time you have some downsized corporate type with wanderlust in their eyes talking why you should risk your shareholder’s hard fought equity to fund their start-up franchise, whip out this article and give it to them. Franchise expert Joel Libava has penned a great article…

July 29, 2013 By Bob Coleman Editor, Coleman Report I’ve come across two recent articles that hammer home the point that the landscape of small business lending continues to change. And speed to market is more important to a segment of borrowers than rate. To meet his company’s payroll a borrower pawned a Picasso painting…

July 29, 2013 By Bob Coleman Editor, Coleman Report The defense asked for one year and one day, the prosecutors wanted 18 months, and that’s exactly what our fraudster got after his February guilty plea for bank fraud. Nothing fancy about the fraud. Seems someone was keeping the money that was intended to go to…

July 26, 2013 By Bob Coleman Editor, Coleman Report A Washington Post flattering piece about Wells Fargo small biz exec Lisa Stevens has some useful stats. 1)      With 20% of small businesses in industries that are directly impacted by the real estate market – construction, interior design, architectural services, landscaping – “we expect to see…