Category Archives: Inspirador

An Unscrupulous SBA Side Deal for a Woman-Owned Business

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

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How To Submit False Statements To The SBA

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

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How To Destroy The Evidence!

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

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Former SBA Insider Reveals Bank Fraud: Part 1

I first met Dilia Wood through a referral source in the spring of 2006. My name is Kevin Howard, I was the original Loan and Business Development Officer on her loan.  I was working for Southwestern Business Financing Corporation (“SBFC”). … Continue reading

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

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

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How to Destroy a Woman-Owned Business. {PART 1: The Beginning}

“Minority Woman-Owned Business” is a very specific title that fits a public policy purpose by a Congressionally-mandated program to support economic growth in our country.  The United States Small Business Administration (SBA) is the catalyst known for being highly regulated … Continue reading

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