Posts Tagged ‘SBA Lending’

February 20, 2013 If you are small business statistics geek, you must download SBA’s 164 page report. There is a lot of stuff in there. Here are some highlights: After falling from 2005 to 2009, the income of our smallest businesses (proprietorships) increased by 6.0 percent from 2010 to 2011. Corporate profits, which also declined…

February 19, 2013 Over 100 California SBA lenders attended the Santa Ana SBA Lender Rountable featuring Jeanne Hulit, Associate Administrator for SBA’s Office of Capital Access. We got to speak with her about what’s going on in Washington. Bob Coleman: We’re with Jeanne Hulit, the Associate Administrator of the Office of Capital Access; Jeanne, thank you for…

February 14, 2013 Coleman Report: Alternative Small Business Lending 101 With Scott Griest, CEO American Finance Solutions Bob Coleman: We’re talking with Scott Griest down at the Anaheim California American Finance Solutions in the growing world of alternative lending for small businesses. Scott, give us a 101 on what alternative lending is. Scott Griest: Alternative…

February 13, 2013 To Own or Not to Own by Jon Winick Clark Street Capital We asked Jason Kuwayama of Godfrey & Kahn to address how banks should approach the various strategies in resolving a problem real estate loan that cannot be easily rehabilitated, and when it makes sense to own the real estate. “Every…

February 13, 2013 By Gary Reynolds Principal Partner Engineering and Science, Inc. SOP 50 57 Loan Liquidation – What SBA Lenders and CDCs Should Know Each new SOP that comes out is written to provide a policy or an update of a policy, and then to provide guidance to assist in satisfying the requirements set…

February 12, 2013 Here is the balance of the conversation we had with Kurt Chilcott, President and CEO of CDC Small Business Finance. Check out his comments that he believes SBA 504 refi may be coming back to help Main Street entrepeneurs, the continuing problems with the SBA 504 secondary market, and the need to…

February 12, 2013 If Congress and the President are unable to reach a deal by March 1, sequestration cuts will affect the entire federal government. SBA’s slice will be $902 million according to The Business Journal’s Washington Bureau Chief, Kent Hoover. We talked with Kent about his reporting. Bob Coleman: Kent, the other thing I…

February 11, 2013 Karen Mills Legacy is a Stronger SBA During an interview with Kurt Chilcott, President and CEO of the nation’s largest SBA 504 lender, Bob Coleman asked him to respond to today’s news that SBA Administrator Karen Mills is stepping down Bob Coleman: Kurt, just came over the wire. Karen Mills is resigning…

February 8, 2013 With Jon Winick, President & CEO of Clark St. Capital Bob Coleman: We’re talking with Jon Winick of Clark St. Capital, a bank consulting and loan sale advisor firm. He is also the editor of The Banner Report. Jon, tell us what is going on in the news affecting Small Business lending…

February 7, 2013 San Francisco Business Times’ writes sales of small businesses in San Francisco priced below two million dollars have fallen over 50 percent from last year due to higher capital gain taxes in 2013. The article concludes that though banks aren’t “handing out cash” the way they did before the Great Recession they…