A Coleman Conversation: Bob Judge

April 1, 2026

Bob Coleman
Founder & Publisher

A Coleman Conversation: Bob Judge

In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Bob Judge, founder of Government Loan Solutions, to discuss his journey from a senior banking role to building one of the most influential platforms in the SBA secondary market. Judge shares how he launched the company in 2007 at the onset of the Great Recession, navigating uncertainty while identifying a critical gap in the market. He explains how his firm operates behind the scenes to connect buyers and sellers of SBA loan guarantees and provide the data and analytics lenders rely on to make informed decisions. The conversation also touches on the evolution of the SBA ecosystem over the past two decades, including how regulatory changes and market demand helped fuel the firm’s growth. Looking ahead, Judge provides a grounded but optimistic view of the SBA market as it continues to support small business formation and expansion nationwide.

Watch episode here: https://youtu.be/FeQ3Nm2TUMc

Topics Covered:
✓ Judge’s career journey and founding of Government Loan Solutions during the Great Recession
 ✓ How the SBA secondary market works and why it is essential to small business lending
 ✓ The role of loan sales in helping lenders recycle capital and expand lending capacity
 ✓ Growth of the SBA secondary market and its increasing importance over the past two decades
 ✓ Market trends in 2026, including strong pricing, declining prepayments, and stabilizing defaults
 ✓ The impact of government guarantees and investor demand for floating-rate securities
 ✓ Lessons from entrepreneurship, including risk-taking, timing, and building a sustainable business
 ✓ The importance of industry events and collaboration in advancing SBA lending