Fraud Friday — Sham Credit Card Transactions Lowered Charge-Back Rates, Earns Fraudster 28 Months in Prison
April 17, 2026 Bob ColemanFounder & Publisher Fraud Friday — Sham Credit Card Transactions Lowered Charge-Back Rates, Earns Fraudster 28 Months in Prison Michael Brian Cotter did not solve the problem when the banks started asking questions. He worked around it. A federal court sentenced the 64-year-old Greenville, Rhode Island, white-collar criminal to 28 months…
Read MoreMovers & Shakers: Derek Ezovski, Paula Cook & Emily Doxzon
April 16, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Derek Ezovski, Paula Cook & Emily Doxzon Outsourced Risk Management Solutions’ President Derek Ezovski Named Connecticut National Small Business Week 2026 Small Business Person of the Year “I am incredibly honored to receive this award from the SBA Connecticut District Office,” says Ezovski. “As the…
Read MoreA Coleman Conversation: Manny Flores
April 15, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Manny Flores In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Manny Flores, President and CEO of SomerCor, to discuss the organization’s mission of expanding access to capital for small businesses across Illinois, Northwest Indiana, and parts of Wisconsin. Manny shares…
Read MoreHot Topic Tuesday: Ike was Right in Founding SBA
April 14, 2026 Bob ColemanFounder & Publisher Hot Topic Tuesday: Ike was Right in Founding SBA Chris Allen of LiftFund CDC out of Dallas and I led a pre-conference training session yesterday at the Mid-America Lenders Conference in San Antonio on SBA Lending A to Z. Chris covered the 504 program. I covered 7(a). Our…
Read MoreUSDA Rural Development Launches a New Program Eligibility Lookup Tool
April 13, 2026 Bob ColemanFounder & Publisher Main Street Monday — USDA Rural Development Launches a New Program Eligibility Lookup Tool The U.S. Department of Agriculture Rural Development launched a new Rural Development Eligibility Lookup Tool, which has been integrated into Rural Development’s Eligibility site. This site now directs users to an eligibility mapping tool…
Read MorePPP’s UK Cousin, The Bounce Back Loan Scheme Fraud Exceeded 10% of Disbursements
April 10, 2026 Bob ColemanFounder & Publisher PPP’s UK Cousin, The Bounce Back Loan Scheme Fraud Exceeded 10% of Disbursements Like PPP, the U.K.’s Bounce Back Loan Scheme was launched to provide rapid financial support to small businesses. Under BBLS, small businesses could borrow between £2,000 and £50,000, capped at 25% of revenues, with the…
Read MoreMovers & Shakers: Stephanie Taylor, Gary Griffin & Vanessa Latham
April 9, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Stephanie Taylor, Gary Griffin & Vanessa Latham Stephanie Taylor Launches New Venture: Construction Fund Managers “As Founder and CEO, I am excited to leverage my years of sales and management experience to serve both existing and new customers”, Taylor says. “As we begin this new…
Read MoreSBA’s 2027 Proposed Budget Supports $40 Billion in 7(a), $16.5 Billion for 504 – Eliminates SBDC, SCORE
April 8, 2026 Bob ColemanFounder & Publisher SBA’s 2027 Proposed Budget Supports $40 Billion in 7(a), $16.5 Billion for 504 – Eliminates SBDC, SCORE SBA’s budget for FY 2027, for the year beginning October 1, 2026, was submitted to Congress last week for its approval. SBA’s target funding levels in FY 2027 are 7(a) lending…
Read MoreSBA Answers Questions
April 6, 2026 Bob ColemanFounder & Publisher Main Street Monday: SBA Answers Questions SBA issued an information notice last week addressing the new citizenship and checking-account bank-statement rules. 1. Question – Can an Ineligible Person be a Supplemental or Limited Guarantor? Answer – Yes. SBA does not restrict a Lender’s ability to obtain additional supplemental…
Read MoreThis Just In — SBA’s Policy Notice for Grocery and Made in America 90% Guaranty Loans
April 3, 2026 Bob ColemanFounder & Publisher This Just In — SBA’s Policy Notice for Grocery and Made in America 90% Guaranty Loans SBA Policy Notice 5000-877629 expands the ITL program to better support America’s food supply chain and manufacturing firms. SBA has determined that the manufacturing sectors (NAICS Sectors 31-33) and certain food supply chain…
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