Posts Tagged ‘SBA’
SBA Hot Topic Tuesday — Linda McMahon’s State of SBA Address
March 5, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — Linda McMahon’s State of SBA Address SBA Administrator Linda McMahon’s blog post on her two year anniversary of service . . . . . . Two years ago today, I had the distinct honor of being sworn in as…
Read MoreMain Street Monday – SBA Celebrates Women’s History Month
March 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – SBA Celebrates Women’s History Month March is Women’s History Month and the SBA proudly recognizes the many contributions made to economic development and growth pioneered by women-owned small businesses. The official theme for Women’s History Month 2019 is “Visionary Women:…
Read MoreColeman Report Update! — Quickbooks Study, SBA Processing Times, New 5010 5 (K) Equity Injection Rules, North Park, PMC Commercial Trust
March 1, 2019 By Bob ColemanExecutive Producer, Coleman Report Update! Th This weeks topics: Quickbooks Study SBA Processing Times New 5010 5 (K) Equity Injection Rules North Park PMC Commercial Trust
Read MoreC-Suite Wednesday — Quickbooks Says a Third of Small Businesses Can’t Make Payroll, Pay Bills
February 27, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Quickbooks Says a Third of Small Businesses Can’t Make Payroll, Pay Bills The study found that the majority of small businesses around the world (61%) struggle with cash flow, and nearly a third (32%) are unable to either pay vendors, pay back pending…
Read MoreC-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard
February 6, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard Down Under bank, Suncorp, is under fire for aggressively collecting five outstanding small business loans to the family of an Australian entrepreneur who died unexpectedly. The bank demanded the family sell the business to…
Read MoreSBA Hot Topic Special Friday Edition! — SBA Releases New Litigation Plan Form for 7(a) and 504
December 2, 2016 By Bob Coleman Editor, SBA Hot Topic Special Edition SBA Hot Topic Special Friday Edition! — SBA Releases New Litigation Plan Form for 7(a) and 504 Check out SBA’s new litigation plan template for 7(a) and 504 SBA Loans. This is a game changer in terms of the ease of preparation of…
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 MoreFraud Friday Special Report — SBA, DOJ Announce Settlement with Frank Dinsmore, EDF Resource Capital for $6 Million
August 28, 2015 Fraud Friday Special Report — SBA, DOJ Announce Settlement with Frank Dinsmore, EDF Resource Capital for $6 Million EDF RESOURCE CAPITAL INC. AND CEO TO PAY $6 MILLION FOR ALLEGED VIOLATIONS RELATED TO SMALL BUSINESS ADMININSTRATION LOAN PROGRAM WASHINGTON – EDF Resource Capital Inc. and its CEO, Frank Dinsmore, have agreed to…
Read MorePresident Obama Signs SBA 7(a) Loan Authorization Increase to $23.5 Billion
July 28, 2015 By Bob Coleman Editor, Coleman Report Statement by the White House Press Secretary on H.R. 2499 On Tuesday, July 28, 2015, the President signed into law: H.R. 2499, the “Veterans Entrepreneurship Act of 2015,” which prohibits the Small Business Administration (SBA) from collecting a guarantee fee in connection with an express loan…
Read MoreA Coleman Special Report — SBA Halts 7(a) Lending Effective Today
July 23, 2015 A Coleman Special Report — SBA Halts 7(a) Lending Effective Today By Bob Coleman Editor, Coleman Report This just in from SBA. SBA will no longer automatically issue a SBA 7(a) loan number for any SBA loan submitted beginning Thursday, July 23. While I expect some loans to be funded take notice….…
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