A Coleman Conversation: Burke Purcell

December 10, 2025

Bob Coleman
Founder & Publisher

A Coleman Conversation: Burke Purcell

In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Burke Purcell, CEO of LoanBud and SBA Marketplace, to discuss how fintech and thoughtful structuring are reshaping SBA business acquisition lending. Burke explains how LoanBud connects entrepreneurs to SBA capital faster and with less friction by partnering with nearly 50 SBA PLP lenders and focusing on both small-dollar working capital and change-of-ownership transactions. He shares how pre-qualifying listings with brokers, analyzing cash flow and customer concentration, and planning for permanent working capital can make or break a deal. Burke also reflects on his journey from mortgage lending and a top-10 SBA bank to building an independent marketplace, the impact of shifting lender credit boxes and the recent government shutdown, and why “speed with excellence” and strong relationships are critical to helping entrepreneurs close SBA deals and grow their companies.

Watch episode here

Topics Covered:
✓ What Loan Bud does and how its fintech platform connects entrepreneurs to SBA loans with less friction
✓ Why SBA acquisition financing is critical for cash-flowing small businesses that often aren’t bankable on a conventional basis
✓ Loan Bud’s process for pre-qualifying listings with brokers and marketplaces, from cash-flow analysis and SBA eligibility checks to obtaining pre-qualification letters
✓ How shifting lender credit boxes and appetites create both challenges and opportunities—and why a multi-lender SBA marketplace adds value
✓ Trends in buyer demand amid the “silver tsunami,” including young, highly educated entrepreneurs buying and rolling up service businesses
✓ Burke’s move from a top-10 SBA bank to an independent marketplace and what surprised him most about entrepreneurship and speed of execution