Posts Tagged ‘SBA Hot Topic Tuesday’
SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of November 29, 2016
November 29, 2016 By Bob Coleman Editor, Coleman Report SBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes as of November 29, 2016 Maturity Spread Price Weekly % Change Monthly % Change 8 Years P + 2.75 109.375 +0.114% -0.342% 10 Years P + 2.75 112.400 +0.134% 0.134% 15 Years P + 2.75 113.625…
Read MoreSBA Hot Topic Tuesday — SBA Announces New PARRiS Factors
November 22, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Announces New PARRiS Factors The New Quantitative Factors Forecasted Purchase Rate The Forecasted purchase rate projects the percent of a 7(a) Lender’s portfolio that will be purchased over the next 12 months. It is calculated from the dollar-weighted…
Read MoreSBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion
November 8, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Sets New Lending Records: 7(a) $24 Billion, 504 $4.7 Billion SBA approved more than 70,000 loans in the 7(a) and 504 loan programs in FY16 — nearly $29 billion. SBA claims the loans support nearly 700,000 jobs. SBA…
Read MoreSBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow
November 1, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Renames 7(a) and 504 to Advantage and Grow Effective today! The 7(a) Loan Program has been changed to the SBA Advantage Loan Program. The 504 Loan Program has been changed to the SBA Grow Loan Program All policies,…
Read MoreSBA Hot Topic Tuesday — PayPal Tops $2 Billion in Small Business Lending
July 12, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — PayPal Tops $2 Billion in Small Business Lending Your competition offers a five minute application, an immediate decision, and funds deposited into the small business checking account the next day. Most of you know, I’ve borrowed money from PayPal’s…
Read MoreSBA Hot Topic Tuesday — SBA 7(a) Secondary Market Quotes
June 21, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday Maturity Price Gross Margin Service Fees Net Margin Prime Rate 8 Yrs. 109.75000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 10 Yrs. 113.70000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 15 Yrs. 114.00000 2.750% 1.0000% 0.5980% 1.1520% 3.50% 20 Yrs. 116.12500 2.750% 1.0000% 0.5980% 1.1520% 3.50% 25 Yrs.…
Read MoreSBA Hot Topic Tuesday — ABA, ICBA Urge Changes to Small Business Lending Oversight Bill, SLPC Update
June 14, 2016 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — ABA, ICBA Urge Changes to Small Business Lending Oversight Bill, SLPC Update Last week, the Senate Small Business and Entrepreneurship Committee reported the Small Business Lending Oversight bill out of committee and sent it to the full Senate. “Passing these…
Read MoreSBA Hot Topic Tuesday — 73% of Industry Says Replace SBA 7(a) Premium Split with Portfolio Fee
May 31, 2016 By. Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — 73% of Industry Says Replace SBA 7(a) Premium Split with Portfolio Fee Through 12 p.m. EST today, 119 people have responded to our Friday survey canvassing the industry about its support and thoughts of the pending Small Business Lending…
Read MoreSBA Hot Topic Tuesday — SBA OIG Says 68% of Early Default 7(a) Loan Guaranties Should be Repaired/Denied
April 19, 2016 By Bob Coleman Editor, Hot Topic Tuesday SBA Hot Topic Tuesday — SBA OIG Says 68% of Early Default 7(a) Loan Guaranties Should be Repaired/Denied SBA’s Inspector General continues its commitment to review SBA 7(a) loans over $500,000 that default within 18 months of approval. In its April 2016 auditing division work…
Read MoreSBA Hot Topic Tuesday — SBA One Mandatory for PLP Lenders on July 31st.
April 5, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA One Mandatory for PLP Lenders on July 31st. PLP lenders must use SBA One for non-delegated loans processed through Citrus Heights beginning July 31, 2016. All SBA 7(a) lenders will be required to use SBA One for non-delegated…
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