March 28, 2021 Delaney SextonContributing Editor Main Street Monday – SBA Releases Fiscal Year 2023 Budget Proposal The Small Business Administration released its largest proposed budget in the agency’s history, increasing the overall funding authority by $9.5 billion across the SBA lending programs. The proposed budget would have a zero-subsidy and be fully supported by…

March 25, 2022 Delaney SextonContributing Editor Fraud Friday – After 7 Years DOJ Realizes a Bad Decision is Not a Crime in Former Oregon Bank CEO’s Case “Although it took seven painful years out of my life, justice finally prevailed,” Dan Heine says. “I am grateful that the US Department of Justice finally did the…

March 24, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Natalie Preston, Michael Ciavarelli, and Suzy Granger Fountainhead Hires Natalie Preston as VP Senior Loan Closer “Natalie is starting with us at an exciting time,” says Chris Hurn, CEO of Fountainhead. “There has never been more interest in the SBA and what it can…

March 22, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Senate Small Business Committee Discusses Two Franchise Bills “For many small business owners, franchising has been a path to the middle class and financial security. For many others, opening a franchise has led to financial ruin,” says the Senate Small Business Committee’s Chair, Senator…

March 21, 2022 Delaney SextonContributing Editor Main Street Monday – SBA Program Allocations Will Fund Through September 30 Last week, President Biden signed the Omnibus Spending Bill providing the spending caps for the SBA’s programs, including an increase in the authorization level for the 504 program. With this increase, the 7(a), 504, and 504 debt…

March 17, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Steven Deaton, Jeff Magginnis, and Fountainhead First Carolina Bank Announces Steven Deaton as the Chief Credit Officer of the New Atlanta Office Ron Day, President and CEO of the Bank, says, “We are extremely fortunate to have someone with the experience and market knowledge…

March 16, 2021 Delaney SextonContributing Editor C-Suite Wednesday – Goldman Sachs Recommends the Reauthorization of the SBA “Policymakers in Washington and state capitals are looking for ways they can further help small businesses. The challenge for policymakers is to identify actions that can meet present difficulties, support future small business growth, and address pre-pandemic challenges…

March 15, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – $11 Billion Allocated to the 504 Program in $1.5 Trillion Spending Bill “Last night, the House took the critical step of passing appropriations legislation that represents a transformational investment in working families. As we continue to progress in our recovery from the pandemic, it’s…

March 14, 2022 Delaney SextonContributing Editor Main Street Monday – Small Business Owners Want Policymakers to Address Workforce, Capital, Childcare, and Government Contracting “The way we do business and buy products and services has fundamentally changed. The pandemic further accelerated this shift. It’s time to modernize the SBA to better serve small businesses in today’s…