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Coralie Myers - President - SBA Business Solutions

        Coralie Myers, President
        SBA Loan and Resource Specialist
        SBA Business Solutions, Inc.
        Coralie@sbaBusinessSolutions.com


Financial/Eligibility Analysis - Made determinations of eligibility for SBA loan programs and creditworthiness. Assessed management ability, financial condition of business and prospects for success. Well-versed in SBA Loan Procedures in processing, servicing and liquidation. Worked with special assets/liquidations for 10 years. Provided bank training on proper SBA procedures to ensure guaranty of commercial credits.

Leadership - Supervised several projects annually for SBA, arranged conferences, set up teams and made sure events went as planned. Established network of partners across the Inland NW to accomplish Agency goals and increase participation in events. Supervised 2-7 employees; backup to Chief Economic Development/Acting Branch Manager from 2001-2005. As a choir director for over 7 years, I was able to get 25 people of all ages and differing levels of skill to "sing the same song - in harmony."

Public Speaking - Created and conducted presentations for 5-200+ attendees at seminars and conferences; taught classes on Internet Marketing, Finance, Cash Flow, and Business Resources for area colleges, chambers, business organizations, and SBDC classes, and has prepared and presented bank trainings since 1982.

Volunteer Leadership - National Association of Women Business Owners - founder, active since 1995. New Century Economic Development Plan, Spokane Area Chamber, Team Leader - 1998-2001. Young Entrepreneur's Seminar Planning Committee 1996-2001. Professional Resource Options 1988-1991. Boy Scout Commissioner 1986-1993. SCORE, Counselors to America's Small Business - advisor 1995-2005, member 2005 - present. Currently Marketing Chair and Workshop Presenter. (Please note: because of a potential for a conflict of interest, I no longer do one on one counseling, nor can I package a loan request for someone that I have counseled - this is part of the Code of Ethics for SCORE.)

Computer Skills - Fluent in Microsoft Word, Excel, Access, PowerPoint, and Publisher as well as several graphics programs. I can code Internet web pages in HTML, but more importantly know how to leverage this important resource, and provide direction on how to increase its usage and applicability.

Accomplishments:

Started and grew a successful business operation from the ground up - the Spokane Area Business Information Center (BIC). I started and ran the BIC as a business, measuring its successes, managing finances and operations, purchasing resources, and reporting to the partners in the joint venture. I built one of the top entrepreneurial libraries in the Northwest. Developed operating policies and procedures, systems to improve efficiency and track results. Developed partnerships in the community to increase exposure, provide funding, and increase usage of resources. Conducted market research to identify and target the specific needs of small business. Worked with entrepreneurs, counseled, found resources to help them start and improve their own operations. Developed and published 60-page regional small business resource guide, developed comprehensive business resource web site for the Inland Northwest.

Developed Loan Briefings - Most people want to know about financing a business. To save time, improve the quality of information going out, increase usage of the library and SCORE workshops and promote better business planning, I developed the 1 hour Loan Briefing in 1996. Over 500 people a year attend here, and SBA now holds the briefings nationwide.

Developed/ Coordinated Small Business Month in the Inland Northwest 2000-2004 - Coordinated a month-long celebration of small business, created marketing materials and website, coordinated communication and marketing of events by all partners. Grew from 14 organizations participating and offering 20 events, to 57 organizations offering over 150 events in 2004.

Developed Tracking Databases - 1. To track SBA loans, cross reference to bank loan numbers, assure compliance. 2. To measure usage of resources in the Business Information Center (BIC.) I developed a workshop management database to streamline workshop registration, record keeping and referrals for events done with all partners at the BIC. I also developed the 641 database with Richard Blum in 1997 to track customers. We received an award from national SBA, and that program was the basis for the Economic Development Management Information System that is now being used by the SBA and its resource partners nationwide.

Developed Mentoring Programs for Women Entrepreneurs - As the SBA's Women's Business Ownership Representative (1987-2005) I formed the Women's Network for Entrepreneurial Training in the Inland Northwest, matching individual entrepreneurs with experienced mentors (1988-1990) which was the model at that time. To increase efficiency and reach more women, I created quarterly roundtables with SBA resource partners, and in 1995 organized the first NAWBO Chapter in the Pacific Northwest, which reached far more women with less staff time required.

Expanded on SBA Success Story program, developing it into an effective marketing vehicle for SBA and its resource partners in the northwest. Framed stories are presented to entrepreneurs at public venues, to SBA resource and lending partners, provided to the media and posted on the Internet. These entrepreneurs sing our praises, and our partners use the stories in joint marketing. This type of marketing is a service now offered by SBA Business Solutions.

Experience - over 25 yrs experience in SBA lending as an SBA loan officer, processing, underwriting and dealing with troubled accounts at SBA. Over 3 yrs experience in banking, overseeing all SBA loans and maintaining a loan portfolio of SBA and direct loans.

Positions held:
  • Vice President, SBA Officer - established SBA program, maintained loan portfolio

  • Commercial Loan Officer, finance (recommended & approved loans up to $2 million.)

  • Commercial Loan Officer, portfolio management (servicing, workouts, handled commercial liquidation loan portfolio)

  • Liquidation Supervisor (supervised 7 liquidation specialists, managed over 400 accounts)

  • BIC Manager/Economic Development Specialist - Developed regional business resource center serving approx. 15,000 entrepreneurs a year. As Economic Development Specialist, I was lead marketer for the Spokane Office, developing marketing strategies and brochures, flyers, arranged conferences, prepared annual reports, maps, and more. This position also included both loan processing and approvals.

2009 Washington State District Director's Excellence Award


Awards - I received 20 awards from SBA over my last 10 years there, including the SBA Region X Employee of the Year in 1997. In 2004, I received the Community Star Award - Bridge Builder from the National Association of Women Business Owners (NAWBO) for building partnerships that benefited entrepreneurs in the Inland Northwest. In 2007, I received the Community Star Award - Unsung Hero from NAWBO. In May 2009, I received the Washington State District Director's Award for Excellence for my work with NAWBO and SCORE, Counselors to America's Small Business.

Training - Current: National Association of Government Guaranteed Lenders (NAGGL) classes in SBA Servicing & Liquidation, SBA Credit Analysis 101, Closing & Funding the SBA Loan, Understanding the SOP 50-10-5 (new in 2008) SBA Application Processing. Bankers Edge online training: Core Curriculum and Loan Staff.

Community Involvement - Coralie is active in the Inland NW Chapter of NAWBO, a group she was involved in organizing in 1995, and is a member of the Greater Spokane Valley Chamber of Commerce, and New Life Assembly of God Church. She is also the Fundraising/Resource chair for SCORE, an organization she has supported for over 16 years as an associate and a volunteer.


Training and Development Team

It is our privilege to work with several outstanding trainers and consultants in the Inland Northwest to bring you custom training for business owners or lenders. Many of these professionals offer management consulting to businesses in their own right, and are not affiliated with SBA Business Solutions, other than in a collaborative training capacity. 

 

Contact us today!
info@sbaBusinessSolutions.com

Specializing in SBA loan packaging, training, workouts, & SBA guaranty purchase preparation. Small Business Administration loans and programs.
Last Updated : October 25, 2011
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