Receiver Hunts for Assets in $140 Million SBA Bridge Loan Ponzi Scheme

September 5, 2025 Bob ColemanFounder & Publisher Receiver Hunts for Assets in $140 Million SBA Bridge Loan Ponzi Scheme Edwin Brandt Frost IV, a Georgia businessman accused of running a $140 million Ponzi scheme through First Liberty Building & Loan, is now the subject of a court-appointed receivership tasked with recovering funds for defrauded investors.…

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The New SBA 7(a) Manufacturer $5 Million Working Capital Loan Program: Advanced Training for Underwriters, Closers & Servicers — 9/24

A Coleman Webinar Date: Wednesday, September 24 Time: 2:00 p.m. Eastern Includes e-certification & recording On October 1, 2025, SBA launches the Manufacturers’ Access to Revolving Credit (MARC) Program, a groundbreaking 7(a) initiative designed specifically for U.S. manufacturers. With loan sizes up to $5 million, guaranties up to $3.75 million, and proceeds restricted to working…

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Lexicon Launches SBA Division — Vahsholtz, Atkinson, and Cavalieri Join Leadership Team

September 4, 2025 Bob ColemanFounder & Publisher Lexicon Launches SBA Division — Vahsholtz, Atkinson, and Cavalieri Join Leadership Team Lexicon Bank Launches Government-Guaranteed Lending Division Lexicon Bank, Southern Nevada’s community-focused financial institution, has launched a new SBA Division to expand its reach in government-guaranteed lending. “This expansion reflects our commitment to community-first banking,” says Stacy…

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Join a Groundbreaking ChatGPT-Powered SBA Underwriting Project—No AI Experience Needed!

Coleman Report is seeking experienced SBA 7(a) loan underwriting professionals for a truly industry-changing, ChatGPT-assisted project—no prior AI experience required, just a willingness to learn. This part-time, remote position (10–20 hrs/week through the end of the year) offers flexible hours and an excellent opportunity to develop valuable new skills while working directly with Coleman Report…

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END-OF-SUMMER UPDATE: Latest Developments in the Blueacorn Fraud Case

As summer winds down, here’s a streamlined summary of the Blueacorn fraud saga. Highlights include Stephanie Hockridge’s conviction, Nathan Reis’s guilty plea, and the Karnezis brothers’ involvement in related PPP loan fraud schemes—all reflecting how Blueacorn evolved from an emergency lending facilitator into a vehicle for large-scale exploitation of pandemic relief funds. Stephanie Hockridge Convicted…

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Movers & Shakers: Kalia Clark, Tom Wilczynski, Monique Johnson & Jennifer Dubose

August 28, 2025 Bob ColemanFounder & Publisher Movers & Shakers: Kalia Clark, Tom Wilczynski, Monique Johnson & Jennifer Dubose TMC Financing Welcomes Kalia Clark to Advance SBA 504 Lending in Hawai‘i “It’s an honor to return home and be part of TMC’s mission to uplift Hawai‘i’s small business community,” said Clark. “The SBA 504 program…

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A Coleman Conversation: Michael Bland

August 27, 2025 Bob ColemanFounder & Publisher A Coleman Conversation: Michael Bland In this week’s episode of A Coleman Conversation, Bob Coleman speaks with Michael Bland, Chief Credit Officer at Phoenix Lender Services. With over three decades in SBA lending, Michael shares lessons from his rewarding career in credit risk management, his approach to mentoring…

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