SBA Hot Topic Tuesday — Understanding SBA’s EPC/OC Rules
July 11, 2017 By Walter H. McLaughlin Contributor SBA Hot Topic Tuesday — Understanding SBA’s EPC/OC Rules Of the many positives SBA financing provides Main Street, one of the most important is the...
View ArticleC-Suite Wednesday — House Small Biz Chairman Demands Answers from CFPB
July 12, 2017 By Bob Coleman Editor, C-Suite C-Suite Wednesday — House Small Biz Chairman Demands Answers from CFPB With CFPB’s 60-day notice up on July 15th asking for comments on how best to enforce...
View ArticleColeman Movers & Shakers — John DeFranza Named SVP for People’s United Bank
July 13, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — John DeFranza Named SVP for People’s United Bank “SBA lending is a key component of the Bank’s strategic...
View ArticleLiquidate Your SBA 7(a) Loans by December 1, 2017 or Risk Losing Your Guaranty
Liquidate Your SBA 7(a) Loans by December 1, 2017 or Risk Losing Your Guaranty Home Speakers Agenda Registration Know the Rules to Ensure Guaranty Payments and Don’t Risk Losing Your PLP License — a...
View ArticleFraud Friday — Former BB&T Market President Charged with Bank Fraud
July 14, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former BB&T Market President Charged with Bank Fraud Source: Brent Lee’s LinkedIn Page Another banker is indicted for fraud, not for...
View ArticleMain Street Monday — Small Biz Owners have a 70% Approval Rating
July 17, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Small Biz Owners have a 70% Approval Rating Says Gallup. Americans have as much confidence in small business owners as the...
View ArticleCPR Report: 7(a) Prepays Stay Above 9%
July 18, 2017 CPR Report: 7(a) Prepays Stay Above 9% By Bob Judge Editor, CPR Report In May, prepays fell by 5%, but stayed above CPR 9% for a second month in a row, coming in at CPR 9.06%. An decrease...
View ArticleColeman’s Movers & Shakers — Kim Named 1st Security Bank SBA Sr VP
July 20, 2017 Coleman’s Movers & Shakers — Kim Named 1st Security Bank SBA Sr VP By Bob Coleman Editor, Coleman’s Movers & Shakers 1st Security Bank announces that C. Han Kim has joined the...
View ArticleCombining Information to Better Assess the Credit Risk of Small Firms and...
July 24, 2017 Combining Information to Better Assess the Credit Risk of Small Firms and Medium-Sized Enterprises Could you improve your analysis of borrower risk by leveraging more types of data? In...
View ArticleFraud Friday — SBA Borrower Pleads Guilty for Siphoning Loan Proceeds for...
July 21, 2017 Fraud Friday — SBA Borrower Pleads Guilty for Siphoning Loan Proceeds for Personal Use By Bob Coleman Editor, Fraud Friday John Cheng signed SBA Form 4 certifying BNB Hana Bank proceeds...
View ArticleMain Street Monday — Bank of America Goes Mobile with Small Biz Lending App
July 24, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Bank of America Goes Mobile with Small Biz Lending App Will the app compete with FinTech lenders who market immediate...
View ArticleC-Suite Wednesday — Senate Restores USDA B&I Lending Authority
July 26, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Senate Restores USDA B&I Lending Authority On June 30, I reported the House appropriated funding for rural Main Street...
View ArticleFraud Friday — Former Bank Vice President Pleads Guilty to Employment Tax...
July 28, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former Bank Vice President Pleads Guilty to Employment Tax Conspiracy Once a small business falls behind on its IRS payroll tax...
View ArticleC-Suite Wednesday — California Small Biz Lender Operations in Jeopardy —...
August 2, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — California Small Biz Lender Operations in Jeopardy — Insufficient Capital and Excessive Travel Costs Cited After a...
View ArticleColeman Movers & Shakers — ReadyCap Lending Adds Christy Lester and Rick McMannl
August 3, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — ReadyCap Lending Adds Christy Lester and Rick McMannl ReadyCap Lending Adds Christy Lester as Senior Vice...
View ArticleSBA Hot Topic Tuesday — New SOP 5010 and Lender Oversight Updates
August 8, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — New SOP 5010 and Lender Oversight Updates William, “It’s ok to call me Bill” Manger showed up at the Orange County...
View ArticleC-Suite Wednesday — US Small Business Financial Health Continues to Improve
August 9, 2017 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — US Small Business Health Continues to Improve Loans to US small businesses hit a nearly two-year high in June, driven by...
View ArticleColeman Movers & Shakers — Stephen Quinn Appointed President of PCFS Solutions
August 10, 2017 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Stephen Quinn Appointed President of PCFS Solutions “I am honored to be chosen by Bob Cota and the PCFS...
View ArticleFraud Friday — Two Years in Jail for Bank VP who Approved Loans with Faked Docs
August 11, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday — Two Years in Jail for Bank VP who Approved Loans with Faked Docs “Joseph Tobin, a former vice president at PBI bank, was sentenced to...
View ArticleMain Street Monday — Free State Small Biz Stats from SBA
August 14, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — Free State Small Biz Stats from SBA The Office of Advocacy’s Small Business Profiles are an annual analysis of each...
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