Nationally Recognized Team Joins Truliant’s SBA Lending Program
June 10, 2024 Delaney SextonContributing Editor Nationally Recognized Team Joins Truliant’s SBA Lending Program Truliant Federal Credit Union announced today a major expansion of its Small Business...
View ArticleHeritage Bank and Venturus Announce Joint Venture
June 11, 2024 Delaney SextonContributing Editor Heritage Bank and Venturus Announce Joint Venture “Venturus has built an innovative, elevated SBA lending experience for entrepreneurs that combines...
View ArticleSBA 7(a) Lending Stats By Gender
June 11, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats By Gender For fiscal year 2024, these are the lending statistics by gender as of June 9, 2024: The post SBA 7(a) Lending Stats By...
View Article6% of Small Business Owners Say Financing is their Top Business Concern
June 11, 2024 Delaney SextonContributing Editor 6% of Small Business Owners Say Financing is their Top Business Concern The NFIB Optimism Index rose 0.8 of a point in May, which is the highest reading...
View ArticleColeman USDA Rural Loan Update
The $5 Billion Guaranty Commercial Loan Programs for Rural America;Includes a Weekly Report and a Monthly Zoom Call USDA’s B&I, Rural Energy and Community Facilities guaranty loan programs are an...
View ArticleSBA 7(a) Lending Stats By Veteran Status
June 12, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats By Veteran Status For fiscal year 2024, these are the lending statistics by veteran status as of June 11, 2024: The post SBA 7(a)...
View ArticleSmall Businesses’ Share of Total Revenue is Falling Behind
June 12, 2024 Delaney SextonContributing Editor Small Businesses’ Share of Total Revenue is Falling Behind Receipts are defined as “operating revenue for goods produced or distributed or for services...
View ArticleColeman California Update
“As California goes, so does the nation,” is a saying that mocks and praises the state. California as a separate entity ranks as the 5th largest global economy. The Great State wields unique power in...
View ArticleSBA 7(a) Lending Stats by Loan Size
June 13, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Loan Size For fiscal year 2024, these are the lending statistics by loan size as of June 12, 2024: The post SBA 7(a) Lending...
View ArticleReady Capital Announces the Acquisition of Madison One
June 13, 2024 Delaney SextonContributing Editor Ready Capital Announces the Acquisition of Madison One Ready Capital Chief Executive Officer, Thomas Capasse says: “We’re excited to acquire Madison One,...
View ArticleNavigating the Regulatory Maze: A Comprehensive Guide for Managing the SBA...
● Your SBA Loan Brokers — Are They Following the Rules?● Lender Responsibility for the Actions of their Referral Sources Attend the Live Webinar EventWednesday, July 10, 20242:00 PM EasternIncludes...
View ArticleFour HOAs and Country Clubs Paid $5.8 Million to Settle PPP False Claims Act...
June 14, 2024 Delaney SextonContributing Editor Four HOAs and Country Clubs Paid $5.8 Million to Settle PPP False Claims Act Allegations – Fraud Friday One individual, Wade Riner, filed several...
View ArticleHow to Underwrite the SBA Business Acquisition Loan — Webinar 7/17
How to Underwrite the SBA Business Acquisition LoanAre you Maximizing Lending in this Profitable Niche? A Coleman WebinarDate: Wednesday, July 17, 2024Time: 2:00 p.m. Easterna 75-minute webinar that...
View ArticleSBA 7(a) Lending Stats by Business Age
June 17, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Business Age For fiscal year 2024, these are the lending statistics by loan size as of June 16, 2024: The post SBA 7(a) Lending...
View ArticleNik Patel’s Fraud Continues – Wife Pleaded Guilty for Her Role in a Loan...
June 17, 2024 Delaney SextonContributing Editor Nik Patel’s Fraud Continues – Wife Pleaded Guilty for Her Role in a Loan Fraud Scheme Nikesh Patel carried out two fraud schemes where he created...
View ArticleSBA 7(a) Lending Stats by Rural or Urban Areas
June 18, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Rural or Urban Areas For fiscal year 2024, these are the lending statistics for rural or urban SBA lending as of June 17, 2024:...
View ArticleThe Patels Created Fake Loan Officers and Employees in $8.5 Million Fraud Scheme
June 18, 2024 Delaney SextonContributing Editor The Patels Created Fake Loan Officers and Employees in $8.5 Million Fraud Scheme Maya Greer At Nikesh and Trisha Patel’s fake lender, Community 1st...
View ArticleLincoln Capital Welcomes Blake Langford & Dave Nakhelh to the Senior...
June 20, 2024 Delaney SextonContributing Editor Lincoln Capital Welcomes Blake Langford & Dave Nakhelh to the Senior Management Team Blake Langford Joins as EVP of Construction “I am excited to...
View ArticleSBA 7(a) Lending Stats by Exporting Status
June 20, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Exporting Status For fiscal year 2024, these are the lending statistics by exporting status as of June 18, 2024: The post SBA...
View Article“It’s here!!!!” – Trisha Patel Emails Nik in Prison After Receiving $7.5...
June 20, 2024 Delaney SextonContributing Editor “It’s here!!!!” – Trisha Patel Emails Nik in Prison After Receiving $7.5 Million from Loan Fraud Scheme The USDA guaranteed $6,832,000 of the Patels’...
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