May 9, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Over 80% of Small Businesses will Seek Financing This Year “Even with continued external pressures, small business owners are bullish about their business prospects in the coming year,” says Sharon Miller, President of Small Business, Head of Specialty Banking and Lending at Bank of…

May 8, 2023 Delaney SextonContributing Editor Main Street Monday – Credit Conditions Tighten for Most Small Business Owners Data from an April Goldman Sachs survey showed a prominent shift in small businesses’ ability to acquire capital, a shift that occurred in only a year’s time. Lou DeCuzzi, the President of DDR USA in Brunswick, Ohio,…

May 3, 2023 Recorded from the 2023 Mid-America Lender’s Conference in San Antonio, TX, April 20, 2023 Co-ChairsAmanda WeinandSVP, SBA Program ManagerBroadway Bank Leriegh MastFirst Bank of the LakeCTAGGL Board Justin Levy, CEO, iBusiness Funding Christine Foster, Texas SBA Certified Development Corporation Event OrganizerJennifer BlumigEventfullyYourz Joe GriltzMcCune Construction Services Group, LLC

May 1, 2023 Delaney SextonContributing Editor Main Street Monday – Community Advantage Lenders Given Permanence with New SBLC Licenses The current definition of underserved markets includes rural, low to moderate income, HUBZones, start-ups, and veteran-owned businesses. Women-owned and minority-owned small businesses are excluded from the label of underserved markets. Although they do not fall under…

April 28, 2023 Delaney SextonContributing Editor Fraud Friday – PPP Fraudster Sold His Business to Buy an Alpaca Farm A Massachusetts man pled guilty to four counts of wire fraud and three counts of money laundering for committing fraud across multiple pandemic relief programs. Dana McIntyre is the former owner of a restaurant, Rasta Pasta…

April 27, 2023 Delaney SextonContributing Editor Coleman Report – SBA Says SOP Should Come Out the First Week of May According to testimony in the Senate Small Business Committee hearing, lenders can expect guidance from the SBA on the implementation of the final rules in the coming week. SBA officials indicated during the hearing that…

April 26, 2023 Delaney Sexton Contributing Editor C-Suite Wednesday – Historical Rate Hikes Occur Abruptly Jon Winick, CEO of Clark Street Capital held a webinar, “Balancing Act: Bank Risk Management During GFC 2.0”, produced by Coleman Publishing. Guests Umrai Gill, Jim McAlpin, and Josh Siegel joined to talk about the current state of the banking…

April 25, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Senate Hearing About Implementation of Final Rules With the new final rules going into effect in May, the Senate Small Business Committee is holding a hearing tomorrow at 3:30 E.T. to discuss how the SBA will administer these rules. The witness panel will consist…

April 24, 2023 Delaney SextonContributing Editor Main Street Monday – SBA Inspector General Recovers $29 Billion in Pandemic Fraud “My office knew from the onset of pandemic relief that SBA would face a delicate balancing act of preventing wide-spread fraud while ensuring timely disbursement of relief funds to Americans in immediate need of assistance,” says…

April 21, 2023 Delaney SextonContributing Editor Fraud Friday – Former Head of SBA Pleads Guilty to Fraud Charges During His Trial It was announced that the 21st Administrator of the SBA, Hector Barreto, decided before the fourth day of his trial to plead guilty in exchange for the prosecution agreeing to drop four other charges.…