Underwriting Excellence: SBA 7(a) Working Capital and Collateral Documentation — 7/2

A Coleman WebinarDate: Wednesday, July 2, 2025Time: 2:00 p.m. EasternIncludes e-certification & recording ….. With the implementation of SOP 5010 8 on June 1, lending practices for SBA 7(a) loans have undergone significant changes, particularly in documenting working capital proceeds and collateral requirements. Notably, the elimination of “score and go” practices has occurred, where lenders…

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House Passes SBA Loan Agent Oversight Act

June 10, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — House Passes SBA Loan Agent Oversight Act Last Wednesday, the House overwhelmingly passed legislation on a bipartisan 405-3 vote to enhance transparency of SBA loan agents, addressing concerns about SBA loan fraud. The bill mandates that the SBA submit an annual report to…

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SBA 7(a) Manufacturing Lending Up 74%

June 9, 2025 Bob ColemanFounder & Publisher Main Street Monday — SBA 7(a) Manufacturing Lending Up 74% Rep. Nick LaLota’s exchange with SBA Administrator Kelly Loeffler in last week’s committee hearing follows: Representative La Lota: “When you were on Long Island, do you remember the technology company, Orbic, that we met?” Administrator Loeffler: “I do,…

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Hard Money Lending Gone Wrong in the Bitwise Collapse

June 6, 2025 Bob ColemanFounder & Publisher Fraud Friday: Hard Money Lending Gone Wrong in the Bitwise Collapse This week on Fraud Friday, we’re diving into the case of Andrew Adler, a hard money lender whose actions contributed to the financial downfall of Fresno-based startup Bitwise Industries. Adler was recently sentenced to three years and…

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Navigate the New SBA Business Acquisition Rules with Confidence — 6/18

Are you Maximizing Lending in this Profitable Niche? A Coleman Webinar Date: Wednesday, June 18 @ 2PM ETa 75-minute live webinar that lets staff earn e-certification Change is here. Starting June 1, the new SBA SOP 5010 8 guidelines will transform the business acquisition lending landscape. With billions in SBA loan funds tied to these…

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Movers & Shakers – Mathewson, Von Woglom, Arana

June 5, 2025 Bob ColemanFounder & Publisher Movers & Shakers – Mathewson, Von Woglom, Arana Ben Mathewson Joins Stone Bank as Vice President/USDA Government Guaranteed Loan Officer Ben Mathewson has joined Stone Bank as a Vice President and USDA Government Guaranteed Loan Officer. He was formerly Market President, Production for North Avenue Capital in Boerne,…

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C-Suite Wednesday: Watch Today’s SBA Budget Hearing Live

June 4, 2025 Bob ColemanFounder & Publisher C-Suite Wednesday: Watch Today’s SBA Budget Hearing Live Coleman Report will livestream this morning’s House Committee on Small Business hearing, “Budgeting for Growth: Testimony from SBA Administrator Kelly Loeffler,” beginning at 10 AM ET. Watch the livestream here: youtube.com/@ColemanReport This is the first in a series of House Small…

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SBA Issues New SBA 7(a) UPP Effective May 1

June 3, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — SBA Issues New SBA 7(a) UPP Effective May 1 This Universal Purchase Package was designed to help with the assembly of a guaranty purchase request package for all 7(a) loan types. Please read and follow the instructions provided on each tab. Complying with…

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Master the New SBA Universal Purchase Package from an Expert — 6/25

Navigating Version 3 of the SBA Universal Purchase Package A Coleman Webinar Date: Wednesday, June 25, 2025Time: 2:00 p.m. EasternIncludes e-certification & recording ….. SBA has introduced Version 3 of the Universal Purchase Package effective May 1, 2025. This update streamlines the process for lenders to request SBA to honor its guaranty on all 7(a) loan…

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