Tag Archives: woman owned business

An Unscrupulous SBA Side Deal for a Woman-Owned Business

Posted on August 15, 2013 by sbafraudalert

The only deal known to the SBA and the woman-owned business was straight forward and simple.  The 504 Loan would be used to purchase commercial real estate and complete construction to launch her start-up business of a wedding and event … Continue reading →

Posted in BBVA Compass, Inspirador, SBA 504 Loan, Southwestern Business Financing Corporation | Tagged , , , , , , , , , , , | Leave a comment

How To Submit False Statements To The SBA

Posted on June 12, 2013 by sbafraudalert

Third Party Lender Agreement In the world of SBA 504 Lending a series of certifications or promises to the U.S. Government are required before a government guaranteed loan can be issued. Essentially, SBA Lenders need the permission of the SBA … Continue reading →

Posted in BBVA Compass, Inspirador, SBA 504 Loan, Southwestern Business Financing Corporation | Tagged , , , , , , , , , , , , , | Leave a comment

How To Destroy The Evidence!

Posted on June 5, 2013 by sbafraudalert

The Freedom of Information Act is a federal law that provides the right to access information held by the federal government.  The law provides that any person has a right to access records of federal agencies. There are exceptions but … Continue reading →

Posted in BBVA Compass, Inspirador, SBA 504 Loan, Southwestern Business Financing Corporation | Tagged , , , , , , , , , | Leave a comment

How to Destroy a Woman-Owned Business. {PART 2: The Extortion Method}

Posted on June 1, 2013 by sbafraudalert

It was from the moment the broken roof trusses were discovered that BBVA Compass and McGee worked in a seemingly calculated manor to conceal the fact that on April 25, 2007 BBVA Compass increased their first lien to $1,400,000 from … Continue reading →

Posted in BBVA Compass, Inspirador, SBA 504 Loan, Southwestern Business Financing Corporation, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

Open Letter to BBVA Compass Bank President and Board of Directors

Posted on May 31, 2013 by sbafraudalert

Open Letter to BBVA Compass Bank President and Board of Directors Dear Mr. Manolo Sanchez and Board of Directors, Please accept this formal invitation to the blog that reveals how your SBA Lending Division lied to the SBA in signed … Continue reading →

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