Coleman Report

May 1, 2024 Delaney SextonContributing Editor SBA Issues Final Rule on Criminal History Reviews Effective May 30, 2024, SBA’s final rule reduces barriers for entrepreneurs with certain criminal history records. They are updating the 7(a), 504, Microloan, ILP, Surety Bond Guarantee Program, and Disaster Loan Program regulations requiring criminal background reviews. Specifically, they revised eligibility.…

May 1, 2024 Delaney SextonContributing Editor Santa Cruz County Bank Hires SVP, Senior Relationship Manager Natalie E. Taaffe Jon Sisk, EVP and Chief Banking Officer, remarks, “We are excited to welcome Natalie to the team. She is well-known in the industry for her vast understanding of and experience in commercial real estate and construction lending,…

May 1, 2024 Delaney SextonContributing Editor New York Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 New York Small Business Profile

April 30, 2024 Delaney SextonContributing Editor Upcoming Conferences to Sign Your SBA Lending Department Up For Lending conferences present an opportunity for education, training, and networking. Here are conferences in 2024 to sign up for: Great Lakes Lender Conference – August 6-8, 2024 – Columbus Lenders, support providers, civic funders, and development organizations will benefit from SBA…

April 30, 2024 Delaney SextonContributing Editor New Mexico Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 New Mexico Small Business Profile

April 29, 2024 Delaney SextonContributing Editor 57.9% of Family-Owned Businesses Have Operated for 10+ Years In April, the SBA Office of Advocacy looked at characteristics of family-owned businesses. They found that 27.3% of all businesses were family-owned (two or more family members own a majority of the business). Family businesses were more likely to operate…

April 29, 2024 Delaney SextonContributing Editor New Jersey Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 New Jersey Small Business Profile

April 26, 2024 Delaney SextonContributing Editor More than $100 Million Missing in Kris Roglieri & Prime Capital Case – Fraud Friday The receiver of Prime Capital Ventures has now estimated that the potential fraud has surpassed $100 million. As Roglieri’s personal and business bank accounts are being reviewed, the dollar amount is rising. A report…