Fraud Friday — Chase Business Relationship Manager Steals $1.25 Million...
December 18, 2020 Caity RoachEditor Fraud Friday — Chase Business Relationship Manager Steals $1.25 Million Dollars from 82-Year-Old Customer Jacob Roach, a former Tucson-based business relationship...
View ArticleSecondary Market Update — CARES Act Causes SBA Loan Default Rates to Drop
December 18, 2020 Caity RoachEditor Secondary Market Update — CARES Act Causes SBA Loan Default Rates to Drop Yesterday was the first day of Coleman and Government Loan Solutions’ 13th Annual 2020 SBA...
View ArticleSBA Hot Topic Tuesday Special Report — What We Know Now About PPP
December 22, 2020 By Bob Coleman Editor Top Ten Things We Know as of Today. SBA 7(a) Guaranty to be raised to 90% PPP Forgiveness will be a one-page certification by borrower for loans less than...
View ArticleEverything Lenders Need to Know about PPP Lending & Forgiveness 3.0
Everything Lenders Need to Know about PPP Lending & Forgiveness 3.0 Effective after January 1 Home Speakers Agenda Registration What you Need to Know about: PPP Second Draw Loans New PPP...
View ArticleMain Street Monday — Americans Are Starting New Businesses at Record Pace
December 21, 2020 Caity RoachEditor Main Street Monday — Americans Are Starting New Businesses at Record Pace 2020 saw a large spike in new business applications. New figures from a study by...
View ArticleHot Topic Tuesday – SBA Update from 504 Lenders Connect Conference
December 22, 2020 Caity Roach Editor Hot Topic Tuesday – SBA Update from 504 Lenders Connect Conference Last week, at the 504 Lenders Connect Quarterly Conference, a panel of SBA staff members...
View ArticleC-Suite Wednesday— Small Business Lending Activity on a Bumpy Road to Recovery
December 23, 2020 Caity Roach Editor C-Suite Wednesday— Small Business Lending Activity on a Bumpy Road to Recovery While small business lending activity rose moderately in October (1.7% M/M),...
View ArticleMain Street Monday — Key Provisions in the New Economic Recovery Act
December 28, 2020 Caity RoachEditor Main Street Monday — Key Provisions in the New Economic Recovery Act Sunday night the President signed the $900 billion coronavirus economic aid bill which passed in...
View ArticleHot Topic Tuesday — Dates You Need to Know for PPP 3.0
December 29, 2020 Caity RoachEditor Hot Topic Tuesday — Dates You Need to Know for PPP 3.0 In addition to allowing particularly impacted businesses to obtain a second draw PPP loan, The Consolidated...
View ArticleC-Suite Wednesday — OIG Issues Recommendations For the Next Round of PPP
December 20, 2020 Caity RoachEditor C-Suite Wednesday — OIG Issues Recommendations For the Next Round of PPP Last weekend, the President signed the $900 billion coronavirus economic aid bill which...
View ArticleColeman Movers & Shakers — Michael Barrera, Ryan Fox, and Fong Nguyen
December 31, 2020 Caity RoachEditor Coleman Movers & Shakers — Michael Barrera, Ryan Fox, and Fong Nguyen Michael Barrera Named SBA District Director for Northern Florida “Economic prosperity for...
View ArticleMain Street Monday — Top Small Business Trends for 2021
January 4, 2021 Caity RoachEditor Main Street Monday — Top Small Business Trends for 2021 For small businesses, 2020 was one of the most challenging years in history. However, changing socioeconomic...
View ArticleHot Topic Tuesday — The Top 5 Things Lenders Need To Know About the EIDL Program
January 5, 2020 Caity RoachEditor Hot Topic Tuesday — The Top 5 Things Lenders Need To Know About the EIDL Program In August, the SBA issued a set of procedural notices informing SBA 7(a) and 504...
View ArticleAre You Ready for Your 2021 SBA Loan Audit? — Wednesday, January 13
How Just Enacted CARES Act and Oversight Reform Legislation Affects Your Portfolio Ranking Home | Speakers | Agenda | Registration What you Need to Know about: Types of Audits and Reviews Hold Harmless...
View ArticleC-Suite Wednesday — 29% of Businesses Fail Due to Lack of Capital
January 6, 2020 Caity RoachEditor C-Suite Wednesday — 29% of Businesses Fail Due to Lack of Capital “Small business lending statistics offer valuable insight into the state of small business as a...
View ArticleColeman Movers & Shakers — Kevin Ferryman, Falcon National Bank, and BankProv
January 7, 2020 Caity RoachEditor Coleman Movers & Shakers — Kevin Ferryman, Falcon National Bank, and BankProv Kevin Ferryman Joins Freedom Bank as Head of SBA Division “We are very fortunate to...
View ArticleFraud Friday — Former Australian Banker Charged for $590,000 Fraud Scheme
January 8, 2020 Caity RoachEditor Fraud Friday — Former Australian Banker Charged for $590,000 Fraud Scheme Former Australian Banker and wife of Sydney organized crime gangster, Sara Daizli, was...
View ArticleMain Street Monday — 56% of Small Businesses Plan on Using Online Lending...
January 11, 2021 Caity RoachEditor Main Street Monday — 56% of Small Businesses Plan on Using Online Lending Options in 2021 According to the annual JPMorgan Chase Business Leaders Outlook Survey, 47%...
View ArticleWhat You Need to Know About the New SBA Guidance as of January 11, 2021
January 11, 2021 Caity RoachEditor What You Need to Know About the New SBA Guidance as of January 11, 2021 1. Changes to PPPOn January 6, 2021, the SBA released two IFRs with comprehensive guidance on...
View ArticleSBA Hot Topic Tuesday – What Lenders Need to Know about the Second Draw PPP...
January 12, 2021 Caity RoachEditor SBA Hot Topic Tuesday – What Lenders Need to Know about the Second Draw PPP Application Section 311 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and...
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