May 20, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Over 57% of Small Business Owners are Baby Boomers Over 57% of small business owners are baby boomers, according to findings from the latest Small Business Trends survey conducted by Guidant Financial and the LendingClub Corporation. The survey, polling more…

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March 11, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Small Business Employment Continues to Grow Says ADP The results of their February 2019 report: For context, check out US employment growth during the past 12 months. This chart dramatically illustrates the changes in US employment the past 15 years.

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April 11, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Business Lending Defaults Remain Low Default outlook remains low given the tepid investment and conservative approach to expansion small businesses have taken. The business cycle remains intact with expansion at low risk. The moderate credit cycle continues, even with rises…

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March 24, 2016 By Bob Coleman Editor, Movers and Shakers Participate in our 2016 SBA BDO Compensation Survey to Receive a Free Report! Take the 2 min survey (Survey Closes Friday, March 25, 2016.) The Coleman Report has published a compensation study of SBA BDOs since 1994. Data is collected in two ways: First, we…

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By Bob Coleman Editor, Online Small Business Lending Report Here’s a new wrinkle offered by small business online lenders. Instead of loaning against future credit card transactions, Fundbox will loan against your customer’s receivables — right from QuickBooks, or another online accounting software program. Fueled by a $40 million Series B financing injection, the lender…

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May 9, 2014   By Bob Coleman Editor, Coleman Report   A couple of weeks ago I reported on the arrest of two Sonoma Valley Bank bankers, Sean Cutting and Brian Melland, a borrower and the borrower’s attorney. The four were arrested in connection with the loss of $8.65 million in TARP funds when the…

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May 8, 2014   United Community Bank Acquires Business Carolina   Blairsville, Ga.-based United Community Banks Inc. said Monday its banking subsidiary agreed to acquire approximately $25 million of loans and $6 million of other assets from Columbia-based commercial lender Business Carolina Inc. “We have been looking for a partner to help fuel our efforts…

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