La Canada Flintridge, CA (PRWEB) October 13, 2008
This informative audioconference on October 22 will provide SBA lenders with key information that will allow you to get appropriate material to prepare your annual budget. Participants will have the benefit of a panel of industry experts addressing the topics in a talk-show format.
The conference will be moderated by Bob Coleman, publisher and editor of the Coleman Report and the SBA Lender Daily. Coleman has been involved in the SBA lending industry for over 25 years.
Among the distinguished panel is Kent Hoover from the American City Business Journals. Hoover has been the Washington bureau chief for American City Business Journals since 1999. He was named one of the 30 most powerful voices for small businesses in Washington by Fortune Small Business magazine in 2000 and one of 19 "Best Friends in D.C." for small businesses by Inc. magazine in 2006.
Kent will be joined by Paul Merski, Chief Economist and Director of Federal Tax Policy, for the Independent Community Bankers Association.
Merski joined ICBA in 1999. He has 20 years of Washington government relations experience in the private sector and on Capitol Hill. Merski was a top policy advisor to Senator Connie Mack (R-FL) and served as the Chief Economist of the Joint Economic Committee of Congress. He also advised Senator Mack in his duties as Senate Republican Conference Chairman and member of the Senate Finance and Senate Banking Committees.
The SBA lenders on the panel will include Tom Wallace, President of IDS Corp., who is published in the RMA Journal and The Banking Law Journal on various SBA related topics, and Pamela Davis, General Manager of the SBA Division for PNC Bank, a top National SBA Lender with SBA Lending Teams located throughout the East, Southern and Mid-Western Markets.
The panel will briefly discuss the SBA secondary market crash. Panelist Bob Judge of Government Loan Solutions commented at the 2008 SBA Secondary Market Forum in New York last month that defaults are quickly becoming the majority of SBA loan prepayments, and voluntary prepayments are declining, which has caused a freeze on the SBA secondary market.