February 10, 2025 Bob ColemanFounder & Publisher Restaurant Bankruptcies Rival COVID-19 Numbers Says Citizens Bank in its February 2025 Restaurant Industry Insights In 2024, the restaurant industry experienced a notable surge in bankruptcies, with several well-established chains struggling to stay afloat.  This wave of bankruptcies emphasizes the urgent need for restaurant operators to innovate, streamline…

February 6, 2025 Bob ColemanFounder & Publisher Fraud Friday — Judge Refuses to Release Kris Roglieri on Bond Due to Angry, Vengeful, Violent Threats Yesterday, a federal appeals court denied Kris Roglieri’s appeal for bond and ruled he is to be jailed until his trial on five counts of loan fraud. The accused $100 million…

February 6, 2025 Bob ColemanFounder & Publisher Community Bankshares Acquires Thomas Financial Group Community Bankshares announces its acquisition of Thomas Financial Group, a 30-year industry leader in USDA government-guaranteed commercial lending. This acquisition, coming on the heels of the recent launch of Phoenix Lender Services, underscores Community Bankshares’ “bold strategy to redefine the financial services…

February 5, 2025 Bob ColemanFounder & Publisher CrossFirst Bank Awarded Coleman’s SBA 7(a) Regional Bank of the Year  CrossFirst Bank Team CrossFirst Bank Team “CrossFirst Bank and the SBA Team has successfully navigated significant growth in their SBA program in the past two years. With a merger in their review mirror and expansion into seven…

February 5, 2025 Bob ColemanFounder & Publisher Peoples Bank (MS) Awarded Coleman’s SBA 7(a) Community Bank of the Year  Peoples Bank – MS Team Members Peoples Bank – MS Team Members “In the last five years, Peoples Bank has approved 2,346 small business loans, amounting to a total of $718 million. This reflects our dedication…

February 4, 2025 Bob ColemanFounder & Publisher Telhio Awarded Coleman’s SBA 7(a) Credit Union of the Year Nicholas LeBeau – SBA Eligibility Officer (Top Left)Skyla Coleman – Closed 24 SBA 7(a) Loans (Top Center)Colleen Zebrowski – Closed 22 SBA 7(a) Loans (Top Right)Chris Parrish – Closed 14 SBA 7(a) Loans (Bottom Left)Karl McDowell – Closed…

February 4, 2025 Bob ColemanFounder & Publisher VelocitySBA Named Coleman’s SBA Non-Bank Lender of the Year Last year, Velocity increased its SBA 7(a) loan volume by 65% to $149 million, ranking 33rd in the country. One of the most impressive stats for VelocitySBA is the performance of its SBA 7(a) loan portfolio. Over the last…

February 3, 2025 Bob ColemanFounder & Publisher TMC Financing Awarded Coleman SBA 504 Lender of the Year TMC SoCal & BDO Teams “In Fiscal Year 2024, TMC Financing achieved a historic milestone, approving over $600 million in SBA 504 financing for the third consecutive year. This accomplishment underscores our unwavering commitment to supporting small businesses…

February 3, 2025 Bob ColemanFounder & Publisher Lendistry Awarded Coleman SBA CDFI of the Year Lendistry Team “After receiving its SBLC designation in April of 2022 and reaching Preferred Lender status in 2023, in 2024 Lendistry ranked among the top ten SBA 7(a) lenders in the nation and became the #1 SBLC deploying capital in…