October 14, 2025 Bob ColemanFounder & Publisher, Coleman Report SBA Hot Topic Tuesday:  SBA Fraud and the Lender This week’s Hot Topic Tuesday highlights a timely and growing concern in the SBA lending community: the rise of AI-generated fraud. With artificial intelligence tools now capable of producing convincing fake financial documents in seconds, lenders face…

October 14, 2025 by Ben KoplanCLU, CFP®, LifeEase Lender-Required Life Insurance for “Uninsurable” Borrowers: 2025 Update Failure to Survive (FTS) insurance is a brilliant and forward-thinking series of products developed in the London market for use in the U.S. life/health industry. In recent years, this product category has evolved into a lifeline for commercial lending…

October 10, 2025 Bob ColemanFounder & Publisher, Coleman Report The Keys to the Kingdom — Blueacorn’s Stephanie Hockridge SBA PPP Loan Fraud On June 23, 2025, a federal jury convicted Stephanie Hockridge—co-founder of the fintech lender service provider Blueacorn—of conspiracy to commit wire fraud in connection with a multimillion-dollar PPP fraud scheme.  She was acquitted…

October 9, 2025 Bob ColemanFounder & Publisher, Coleman Report NADCO Names 2025 Board of Directors Congratulations to all newly and re-elected NADCO 2025 Board Members! The following individuals have been elected to the Board of Directors. They take office effective October 16, 2025. Regional Directors: Region 1 – Erik Adams, Bay Colony Development Corp. Erik…

October 8, 2025 A Coleman Conversation: McCune Construction Funds Management In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Sabrina Harrison, President, and Stephanie Taylor, Director of Business Development at McCune Construction Funds Management, to discuss their leadership transition, the company’s role in SBA construction lending, and the challenges shaping today’s…

October 7, 2025 Bob ColemanFounder & Publisher, Coleman Report BayFirst Financial, 20th Largest SBA 7(a) Lender Exits Program BayFirst National Bank currently ranked 20th among SBA 7(a) lenders nationally, has announced its decision to exit the SBA 7(a) lending business as part of a strategic effort to “derisk SBA 7(a) balances on the balance sheet…

October 6, 2025 Ben KoplanCLU, CFP®, LifeEase When the Assignment of an Existing Life Insurance Policy within an SBA Loan May Be Inappropriate We were recently made aware of a situation where a borrower had collaterally assigned a personally held $1,000,000 life insurance policy to his lender to satisfy a condition of his business loan.…

October 6, 2025 Bob ColemanFounder & Publisher, Coleman Report Main Street Monday — SBA 7(a) up 19%, 504 up 17% for FY 2025 While I don’t have specific lender numbers for year end due to the government shutdown, SBA has released the FY25 program volumes of SBA 7(a) of $37 billion and 504 of $7.8…

October 3, 2025 Bob ColemanFounder & Publisher Law Firm Office Manager Embezzles Infant Trust Funds, Commits PPP Loan Fraud One of the warning signs of financial mismanagement in a small business is when a long-time employee holds sole control over the company’s financial accounts. In the case of legal firm office manager Todd M. Chapman,…

October 2, 2025 by Bob ColemanFounder & Publisher Movers & Shakers: Andy Nakahata, Chuck Murphy, & Brett Stacey IBank Announces Andy Nakahata as New Executive Director and CEO “Scott Wu’s visionary leadership has been instrumental in shaping IBank into a powerful engine for economic growth and innovation across California,” says Andy Nakahata. “His unwavering commitment…