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Coleman Report
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Posts Tagged ‘Pacific Mercantile Bank’

Feedback Friday — The SBA Loan Broker Discussion, Mark Feathers to Sue SBA and the SBLC List

May 1, 2015 By Bob Coleman Editor, Feedback Friday Several lenders said they were shocked about Pacific Mercantile Bank’s decision to end accepting SBA loans from loan brokers and laying off their 15-person SBA loan department. Two lenders said that was forcing them to rethink their strategy of accepting loan broker referrals for SBA loans.…

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