Rural Community Assistance Corporation Celebrates 45th Anniversary with $50k...
Joseph ColemanJanuary 23, 2023 Here is a quick profile of the Rural Community Assistance Corporation. West Sacramento based RCAC is dedicated to the Indigenous communities in the western United States...
View ArticleMain Street Monday – Small Businesses Spending 12% Less on Capital Expenditures
January 23, 2023 Delaney SextonContributing Editor Main Street Monday – Small Businesses Spending 12% Less on Capital Expenditures “The continuing inflationary environment underscores the need for...
View ArticleSBA Hot Topic Tuesday – 7(a) Dollars are Up 50% in Fiscal Year 2023
January 24, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – 7(a) Dollars are Up 50% in Fiscal Year 2023 In fiscal year 2023, the 7(a) loan program is on the rise again after slowing down...
View ArticleC-Suite Wednesday – BREAKING NEWS Popular Bank Fined $2.25 Million for...
January 25, 2023 Delaney SextonContributing Editor C-Suite Wednesday – BREAKING NEWS Popular Bank Fined $2.25 Million for Unsound Lending Practices The Board of Governors imposed a $2.25 million civil...
View ArticleReminder: Banks and Credit Unions to Report Fee Income from Nonsufficient...
Joseph ColemanManaging Editor As a result of SB 1415, state-chartered banks and credit unions are required to notify the Department of Financial Protection and Innovation (DFPI) annually of the revenue...
View ArticleColeman Movers & Shakers – Joseph Vereline and Brad Cantrell
January 26, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Joseph Vereline and Brad Cantrell Joseph Vereline Joins Union Savings Bank as VP, Head of Business Banking “Joe has...
View ArticleFraud Friday – Yellowstone Capital Reaches $27 Million Settlement for...
January 27, 2023 Delaney SextonContributing Editor Fraud Friday – Yellowstone Capital Reaches $27 Million Settlement for Predatory Small Business Lending Practices “The predatory lenders in this case...
View ArticleMain Street Monday – White House Holds Roundtable About Access to Capital for...
January 30, 2023 Delaney SextonContributing Editor Main Street Monday – White House Holds Roundtable About Access to Capital for Small Businesses Last week, a roundtable was held to discuss capital...
View ArticleSBA Hot Topic Tuesday – Senate Proposes Payroll Tax Relief for RRF Applicants
January 31, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Senate Proposes Payroll Tax Relief for RRF Applicants “While the American Rescue Plan saved thousands of restaurants, its...
View ArticleDFPI Continues Crackdown on Debt Collection Scams
January 31, 2023 Joseph ColemanEditor The California Department of Financial Protection and Innovation (DFPI) announced today that it has issued enforcement actions against multiple debt collectors for...
View ArticlePortal Filing Instructions for Franchise Registrations
February 1, 2023 Joseph ColemanEditor The Department of Financial Protection & Innovation has released portal filing instructions for franchise registrations in the state of California. New Portal...
View ArticleC-Suite Wednesday – House Small Business Committee Passes 3 Bipartisan Bills
February 1, 2023 Delaney SextonContributing Editor C-Suite Wednesday – House Small Business Committee Passes 3 Bipartisan Bills Recently, the House Committee on Small Business announced that three...
View ArticleColeman Movers & Shakers – Jeffrey Freiert, Tamoor Ijaz, and David Huisman
February 2, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Jeffrey Freiert, Tamoor Ijaz, and David Huisman Jeffrey Freiert Joins FNBC Batesville as Community President...
View ArticleFraud Friday – Three Companies Agree to Pay More than $500,000 to Settle...
February 3, 2023 Delaney SextonContributing Editor Fraud Friday – Three Companies Agree to Pay More than $500,000 to Settle False Claims Act Allegations “PPP loans were intended to help qualified...
View ArticleState Small Business Loan Guaranty Programs vs. SBA Loan Programs
February 2, 2023 Joseph ColemanEditor The State Small Business Credit Initiative (SSBCI) held a webinar today detailing the benefits of it’s largest allocated SBLG in California. With $1.2 Billion in...
View ArticleMain Street Monday – Senator Ernst Welcomed as Senate Committee Ranking Member
February 6, 2023 Delaney SextonContributing Editor Main Street Monday – Senator Ernst Welcomed as Senate Committee Ranking Member “I’m honored by the confidence my colleagues have placed in me to help...
View ArticleAll Eyes on California
February 7, 2023 Joseph ColemanEditor The State Small Business Credit Initiative (SSBCI) outlined the key benefits of California Small Business Loan Program last week during a webinar for lenders and...
View ArticleSBA Hot Topic Tuesday – GAO Reports to Congress About COVID Fraud and...
February 7, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – GAO Reports to Congress About COVID Fraud and Improper Payments At the beginning of February, the U.S. Government...
View ArticleC-Suite Wednesday – State Small Business Credit Initiative Funds Three...
February 8, 2023 Delaney SextonContributing Editor C-Suite Wednesday – State Small Business Credit Initiative Funds Three California Programs The U.S. Treasury provided $1.18 billion in funds from the...
View ArticleColeman Movers & Shakers – Tray Mounce, Greg Sandau, and Rob Hertenstein
February 9, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Tray Mounce, Greg Sandau, and Rob Hertenstein Vantage Bank names Tray Mounce as Houston Co-Market President “We are...
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