Main Street Monday Link – 12/18/2023
Microsoft Teams Link YouTube Link Host: Bob Coleman Co-Host: Lance Sexton Monday Guest: John Reosti, American Banker The post Main Street Monday Link – 12/18/2023 first appeared on Coleman Report.
View ArticleSmall Business Loan Volume, Delinquencies, Defaults all Increasing Says Paynet
Equifax’ small business loan data company Paynet October report predicts a further deterioration of small business lending credit loan portfolios. SBLI — Small Business Lending Index Tracks the number...
View ArticleThe Huntington National Bank #1 Ohio SBA 7(a) Lender — Complete State...
RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 2,341 $327,153,600 $139,750 2 First Commonwealth Bank (PA) 55 $49,709,900 $903,816 3 Live Oak Banking Company (NC) 41...
View ArticleAlternative Lenders Number One Source of Small Business Credit
Says Bank of American Institute in its December 2023 small business newsletter. With the rapid increase of interest rates and regional US bank failures earlier in the year, there has been a meaningful...
View ArticleBancFirst is Oklahoma’s Top SBA 7(a) Lender in FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 BancFirst (OK) 82 $38,213,500 $466,018 2 Live Oak Banking Company (NC) 16 $19,130,000 $1,195,625 3 Newtek Small Business Finance, Inc. (NY) 7...
View ArticleSmall Business Credit Card Debt is Rising Says B of A
More small businesses appear to have been using credit cards as a source of financing this year, with an increasing portion of balances carrying interest as financial pressures build. The average Bank...
View ArticleAre You Ready for your 2024 SBA Loan Audit? — Webinar Wed., January 10
How to Use the New Etran Screens to Improve your PaRRIS Score Attend the Live Webinar EventWednesday, January 10, 20242:00 PM Eastern75-minute training with e-certification Single Site LicenseThe...
View ArticleOregon FY 2023 SBA 7(a) Lender Rankings Topped by Live Oak, Umpqua Bank
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 26 $45,545,000 $1,751,731 2 Summit Bank (OR) 22 $37,244,600 $1,692,936 3 Umpqua Bank (CA) 139 $34,820,200 $250,505 4 Banc...
View ArticleDalisa McNally Joins Harvest as Vice President, BDO
Says Marketing Director Tyler Massas, “Dalisa, a Fort Worth native, developed a strong work ethic from a young age, starting her career at 16 in her family’s real estate offices. Recognizing the...
View ArticleSalim Pirbhai Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Salim Pirbhai is a seasoned entrepreneur and business leader with 28 years of success in the United States. Originally from London, Salim’s entrepreneurial...
View ArticleThe Huntington National Bank Tops Pennsylvania SBA 7(a) 2023 Lender Rankings
RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 324 $62,386,300 $192,550 2 Meridian Bank (PA) 71 $54,627,000 $769,394 3 Wilmington Savings Fund Society, FSB (DE) 45...
View ArticleMarios Pirbhai Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Prior to Harvest, Marios embarked on a remarkable journey as the Vice President of EM Stellar Capital Solutions. During this tenure, he not only facilitated...
View ArticleJeff Girling Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Jeff Girling is a seasoned professional in commercial real estate finance on a national level, with a notable impact in the Midwest and greater Chicagoland area....
View ArticleBanco Popular Top SBA 7(a) Lender in Puerto Rico with 288 loans for $50.6...
RANK Lender # Loans $ Amount Average Loan Size 1 Banco Popular de Puerto Rico (PR) 288 $50,625,900 $175,784 2 Oriental Bank (PR) 106 $13,687,400 $129,126 3 FirstBank Puerto Rico (PR) 53 $13,115,900...
View ArticleBristol County Savings Bank and TD Bank Rank #1 as Top Rhode Island SBA 7(a)...
RANK Lender # Loans $ Amount Average Loan Size 1 Bristol County Savings Bank (MA) 13 $6,599,800 $507,677 2 Citizens Bank, National Association (RI) 6 $6,060,300 $1,010,050 3 HarborOne Bank (MA) 21...
View ArticleTD Bank and Live Oak Bank Top South Carolina SBA 7(a) Loan Rankings for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 29 $44,210,300 $1,524,493 2 Pinnacle Bank (SC) 25 $25,642,700 $1,025,708 3 SouthState Bank, National Association (FL) 42...
View ArticleTexas FY23 SBA 7(a) Lender Rankings Topped by The Huntington National Bank...
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 121 $207,203,900 $1,712,429 2 Wallis Bank (TX) 80 $138,772,200 $1,734,653 3 The Huntington National Bank (OH) 388...
View ArticleSBA’s Quarterly Connect Call Scheduled for January 9th, Tuesday at 3 pm EST
Use this link to log into the call The post SBA’s Quarterly Connect Call Scheduled for January 9th, Tuesday at 3 pm EST first appeared on Coleman Report.
View ArticleFormer Atlanta Assistant City Attorney Guilty of $7 Million PPP Loan Fraud —...
A Georgia attorney and former City of Atlanta police officer was convicted of fraudulently obtaining over $7 million in PPP loans last week. Shelitha Robertson submitted PPP loan applications on four...
View ArticleBlack Hills FCU and First Bank & Trust Top South Dakota SBA 7(a) FY23 Rankings
RANK Lender # Loans $ Amount Average Loan Size 1 First Bank & Trust (SD) 14 $15,963,900 $1,140,279 2 Byline Bank (IL) 2 $7,705,000 $3,852,500 3 First Interstate Bank (MT) 18 $5,417,400 $300,967 4...
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