July 5, 2023 Delaney SextonContributing Editor C-Suite Wednesday – $30 Billion in Fraudulent Relief Funds Have Been Recovered “It is noteworthy that SBA executed over 14 years’ worth of lending within 14 days, and this was just the beginning.” SBA’s emergency loan programs were performed on a scale like never before for the agency and…

July 3, 2023 Delaney SextonContributing Editor Main Street Monday – Increasing Interest Rates Pressure Small Businesses “Tightening in both credit and private equity markets is creating challenges for many small business owners,” says Stephanie Sims, Founder of Finance-Ability and member of the U.S. Chamber of Commerce Small Business Council. “Rising interest rates make it more…

What Small Business Lending Professionals Read Coleman Weekly Newsletters are delivered every Monday morning Annual subscription is $995 per topic [ ] $995 – Coleman’s SBA Loan Closing[ ] $995 – Coleman’s SBA Loan Underwriting[ ] $995 – Coleman’s SBA Loan Servicing[ ] $995 – Coleman’s SBA Loan Liquidation[ ] $995 – Coleman’s SBA Loan…

June 30, 2023 Delaney SextonContributing Editor Fraud Friday – Guilty PPP Fraudster Obstructs Justice Amongst His Other 44 Charges “The brazen fraud scheme committed in this case simply for personal gain harmed legitimate businesses in need. This conviction sends a clear message that those who defraud the federal government of pandemic relief funds will be…

June 29, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Benjamin Brown, Skip Canavan, and Ellen Hammer Benjamin Brown Joins the Economic Development Corporation of Jefferson County as Director of Small Business Development “I’m really excited about this,” Litton says of recruiting Brown to her team. “We’ve visited a lot of people over the…

June 28, 2023 Delaney SextonContributing Editor C-Suite Wednesday – New Restaurant Openings and Consumer Interest Are On the Rise “Amid economic uncertainty, the restaurant industry has experienced a strong comeback with new business openings up 10% nationally between April 2022 and March 2023 compared to April 2021 and March 2022,” reads a Yelp Economic Average…

The New SBA 50-10 7 Policy and Allowance of Partial Interest FinancingWednesday, June 28, 2023 1:00 PM – 2:00 PM EDThttps://global.gotowebinar.com/register/855010555Dial +1 (562) 247-8422Access Code: 452-731-421Audio PIN: Shown after joining the webinarWebinar ID: 855-010-555 Featuring Scott Gabehart, BA, MIM, CBA, CVA, BCACertified Business AppraiserCertified Valuation AnalystBusiness Certified AppraiserBizEquity, LLC This webinar will discuss the following…

Managing Compulsory SBA Lender Regulations In Another Brand New SOPEffective August 1, 2023 Site License includes access to our new Coleman Training Live Stream Webinar Thursday, July 13 (Live Session)2:00 p.m. Eastern 75-minute training with e-certification Download a Registration Form The SBA’s just released SOP for Lender and Development Company Loan Programs (SOP 50 56…

June 27, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – SBA Releases the First Ever SOP 50 56 1 Set to take effect August 1, 2023, SBA published the new SOP 50 56 1 for Lender and Development Company Loan Programs. On Thursday July 13th at 2 p.m. Eastern, Coleman will hold the “Managing…

June 26, 2023 Delaney SextonContributing Editor Main Street Monday – Keeping up with Regulatory Changes Creates Difficulties for Lenders Last week, the “Futureproof Your Credit Department: Technology That Delivers” webinar and Coleman Report Live! show gave insights into the sentiment and priorities of SBA loan departments. Here are survey results based on the responses of…