Maximizing SBA 7(a) Loan Legal and CPC Expense Reimbursements
Maximizing SBA 7(a) Loan Legal and CPC Expense Reimbursements Home Speakers Agenda Registration Ensure your loan workout team knows how to obtain SBA Approval for reimbursement of all allowable SBA...
View ArticleThe 10 Common Lender Errors Resulting in SBA 7(a) Guaranty Repairs and Denials
The 10 Common Lender Errors Resulting in SBA 7(a) Guaranty Repairs and Denials Home Speakers Agenda Registration Know the underwriting, closing, servicing and liquidation errors that result in SBA...
View ArticleThe SBIC Summit: Increased Profit, Improved Regulatory Compliance
The SBIC Summit: Increased Profit, Improved Regulatory Compliance How to Form, Launch and License a Small Business Investment Company Home Speakers Agenda Registration Discover how to take part in the...
View ArticleColeman’s Movers and Shakers
May 19, 2016 By Bob Coleman Editor, Movers and Shakers The SBIC Summit: Increased Profit, Improved Regulatory Compliance How to Form, Launch and License a Small Business Investment Company Meet, hear...
View ArticleFraud Friday — Loan Broker Pleads Guilty to Bribing SBA Department Manager
May 20, 2016 By Bob Coleman Editor, Fraud Friday Jocelyn J. Brown, a loan broker for the now-defunct San Diego-based La Jolla Bank, has pled guilty to making false statements in relation to an...
View ArticleMain Street Monday — Fountainhead Commercial Capital Snags $23 Million Series...
May 23, 2016 By Bob Coleman Editor, Main Street Monday Fountainhead Commercial Capital secures $23 Million for SBA 504 lending. Alternative asset manager Magnetar Capital, through its affiliated funds,...
View ArticleSBA Hot Topic Tuesday — SBA to Accept SBA 504 Apps Beginning June 24th
May 24, 2016 SBA Hot Topic Tuesday — SBA to Accept SBA 504 Apps Beginning June 24th By Bob Coleman Editor, SBA Hot Topic Tuesday Announces SBA Administrator Maria Contreas-Sweet at today’s NADCO...
View ArticleC-Suite Wednesday — SBA OIG Continues to Hammer the Agency on Improper SBA...
May 25, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — SBA OIG Continues to Hammer the Agency on Improper SBA 7(a) and 504 Guaranty Payments In its May 13, 2016 report, the SBA...
View ArticleUse the SBA 504 Refinance Program to Add Quality Small Business Loans to your...
Use the SBA 504 Refinance Program to Add Quality Small Business Loans to your Portfolio Home Speakers Agenda Registration New SBA 504 Loan Program Creates an Additional Loan Product for your Customer...
View ArticleBreaking News — Senate Introduces Bill to Lower SBA 7(a) Premium Split from...
May 26, 2016 By Bob Coleman Editor, Coleman Report Breaking News — Senate Introduces Bill to Lower SBA 7(a) Premium Split from 110 to 108 In this morning’s hearing, Senate Small Business Chair David...
View ArticleHow do You Feel about the Proposed SBA 7(a) Oversight Legislation?
May 27, 2016 How do You Feel about the Proposed SBA 7(a) Oversight Legislation? Please answer our quick one minute poll. Results will be published next week. (Poll Closes Tuesday at 3:00pm ET) Submit...
View ArticleSBA Hot Topic Tuesday — 73% of Industry Says Replace SBA 7(a) Premium Split...
May 31, 2016 By. Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — 73% of Industry Says Replace SBA 7(a) Premium Split with Portfolio Fee Through 12 p.m. EST today, 119 people have...
View ArticleC-Suite Wednesday — SBA OIG Targets Live Oak Bank’s Poultry SBA 7(a) Lending
June 1, 2016 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — SBA OIG Targets Live Oak Bank’s Poultry SBA 7(a) Lending Live Oak Bank’s SBA niche lending strategy is drawing the attention of...
View ArticleIndustry Comments Overwhelmingly Slam SBA Oversight Bill
June 2, 2016 By BoB Coleman Editor, Coleman Report Industry Comments Overwhelmingly Slam SBA Oversight Bill Final Survey Results (162 participants) Do you support the bill as presented? Yes — 13% No —...
View ArticleColeman’s Movers and Shakers
June 3, 2016 By Bob Coleman Editor, Movers and Shakers Diane Gallion Hired as National Director of Government-Guaranteed Lending at Radius Bank In addition to the Chicago team, Radius has new...
View ArticleMain Street Monday — Harvest Small Business Announces Management Team for...
June 6, 2016 By Bob Coleman Editor, Main Street Monday Main Street Monday — Harvest Small Business Announces Management Team for 7(a) License Bought from Mark Feathers’ Court-Appointed Receiver....
View ArticleNAGGL’s Tactics Questioned in Supporting SBA Oversight Bill
June 6, 2016 By Bob Coleman Editor, Coleman Report NAGGL’s Tactics Questioned in Supporting SBA Oversight Bill Part 1 of 2 Reader comments are in red responding to NAGGL’s May 26th email. Background on...
View ArticleCommunication Disruptions at SLPC
Communication Disruptions at SLPC June 6, 2016 By Bob Coleman Editor, Coleman Report SBA Sacramento Loan Processing Center Since sometime last week the SBA’s singular in-take mechanism for SBA 504...
View ArticleMandatory SBA CLS Account Recertification
June 7, 2016 By Bob Coleman Editor, SBA Hot Topic Tuesday IMPORTANT: Mandatory SBA CLS Account Recertification starts June 06, 2016 and ends July 11, 2016. The process has been made available...
View ArticleC- Suite Wednesday — SBA 504 Loan Program Update and New Forms
June 8, 2016 By Bob Coleman Editor, C-Suite Wednesday SBA Sacramento Loan Processing Center C- Suite Wednesday — SBA 504 Loan Program Update and New Forms Several lenders have reached out to me...
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