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NSBA members gather at their own ‘Small Business Congress’ every two years to discuss issues of vital concern to their membership and publish the resulting agenda of their priorities for the next two years.
NSBA Issues 10-Point Priority List for 114th Congress
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The House committee is criticizing SBA simultaneously for lowering funding to train entrepreneurs with a lower ‘upside’ of success, while adding dollars to fund training for advanced entrepreneurs who have a higher probability to succeed.
Administrator Defends SBA Budget on Capitol Hill–Editorial
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Small-business lending is in need of an overhaul at most community banks, where the lending process at most tends to still be paper-intensive, cumbersome and inefficient for both borrowers and bank personnel.
Improved Loan Delivery Demanded by Business Borrowers
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While there was a continued decline in mortgage-related income, most banks reported higher operating revenues and improved earnings from the previous year. In addition, the pace of bank lending rose, balance sheet quality improved, and problem banks declined.
FDIC Report Card Reflects Good Semester for Community Banks
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An analysis of gender-identified loan approvals among the two prominent SBA lending products, the 7(a) and 504 programs, reveals that lending volumes have remained mostly stagnant between fiscal years 2009-2014.
SBA Posts Mixed Results Lending to Women
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One fledgling company who’s working on the next big niche is New York-based Lendoor, which intends to apply the crowdfunding business model to the already most raucous sector of American finance: small-business lending.
Lendoor Ready to Crowd Into Small Business Financing
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Fairfield Capital Group announced that Fred Marchini has joined the business as Managing Director. Marchini will be responsible for capital markets activities and oversight of Fairfield Capital's relationships with existing clients.
Fairfield Capital Hires New Managing Director
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Commerce Bank announced that Thomas L. Rose has joined the business as SVP, Managing Director, Commercial Lending. In this capacity, Rose will oversee the bank's commercial lending team in Worcester, MA.
Rose Joins Commerce Bank as SVP, Managing Director
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Bellwether Enterprise Real Estate Capital, LLC welcomes Doug Taylor as SVP in Irvine, California. In his new role, Taylor will be involved in the origination of multifamily and commercial real estate debt financing throughout the United States.
Bellwether Enterprise Hires SVP in Irvine, CA
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Vantage Financial is pleased to announce that Brian Bagley has joined the business as Managing Director - Midwest. In this capacity, Bagley will lead Vantage's business development efforts in the Midwest.
Vantage Financial Adds Bagley as Managing Director
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Unity Bank has promoted Debbie Godt to SBA Business Development Manager. In her new role, Godt is responsible for the bank’s growing SBA lending portfolio within the federal financing program.
Unity Bank Promotes Debbie Godt
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Capital Growth Solutions announced that Vincent Muratore has joined the company as a Member of the Board and EVP. In this capacity, Muratore will be adding a new dimension of 504 origination and servicing.
Muratore Joins CGS as Director/EVP
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An insurance agent based in Upland, California has pleaded guilty to fraud charges in a scheme that generated about $6 million.
Insurance Agent Pleads Guilty in $6 Million Loan Fraud Case
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A former employee of the Bank of New York Mellon Corp. who embezzled more than $2.4 million from the bank has pleaded guilty to the fraud charges.
Former Bank Employee Pleads Guilty to Embezzlement and Fraud Charges
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Two former executives of the defunct Sentinel Management have been sentenced for their role in what is the largest financial fraud case ever prosecuted in the Federal Court in Chicago.
Sentinel Executives Sentenced for $665 MM Collateral Fraud
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One way to elevate your chances to win clients and keep them with you in the hunt for financing to the very end is to show a little love. ‘Valuing’ your clients ought to be on the top of your list of how to succeed in this business.
Value Clients at all Times
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John Broussard, Director, Business and Industry Division, USDA Rural Development
John Broussard, Director, Business and Industry Division, USDA Rural Development
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The Small Business Finance Institute (SBFI) announces that Managing Director Charles H. Green has been chosen to address the National Alliance of Commercial Loan Brokers annual conference in Las Vegas on March 9th.
Green to Address National Alliance of Commercial Loan Brokers
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Interview with Chris Hurn, President, Fountainhead Commercial Capital
Interview with Ed Kofman, Managing Director, CenterState Bank
Interview with Jeffrey Beckwith, CFO, Merchant Cash and Capital- Home
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