Coleman Report

October 17, 2025 Bob ColemanFounder & Publisher Startup Founder Sentenced to 7+ Years for Defrauding JPMorgan Chase in $175M Acquisition Charlie Javice, founder of the college aid startup Frank, has been sentenced to 85 months in prison for defrauding JPMorgan Chase in its $175 million acquisition of her company. Javice was convicted of bank fraud,…

October 10, 2025 Bob ColemanFounder & Publisher, Coleman Report A Coleman Conversation: Falcon Bridge Capital In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Sunil Chowdry, President of Falcon Bridge Capital, and Aga Linsky, Vice President and Portfolio Manager, to discuss their pioneering work in developing a secondary market for unguaranteed…

October 14, 2025 Bob ColemanFounder & Publisher, Coleman Report SBA Hot Topic Tuesday:  SBA Fraud and the Lender This week’s Hot Topic Tuesday highlights a timely and growing concern in the SBA lending community: the rise of AI-generated fraud. With artificial intelligence tools now capable of producing convincing fake financial documents in seconds, lenders face…

October 14, 2025 by Ben KoplanCLU, CFP®, LifeEase Lender-Required Life Insurance for “Uninsurable” Borrowers: 2025 Update Failure to Survive (FTS) insurance is a brilliant and forward-thinking series of products developed in the London market for use in the U.S. life/health industry. In recent years, this product category has evolved into a lifeline for commercial lending…

October 10, 2025 Bob ColemanFounder & Publisher, Coleman Report The Keys to the Kingdom — Blueacorn’s Stephanie Hockridge SBA PPP Loan Fraud On June 23, 2025, a federal jury convicted Stephanie Hockridge—co-founder of the fintech lender service provider Blueacorn—of conspiracy to commit wire fraud in connection with a multimillion-dollar PPP fraud scheme.  She was acquitted…

October 9, 2025 Bob ColemanFounder & Publisher, Coleman Report NADCO Names 2025 Board of Directors Congratulations to all newly and re-elected NADCO 2025 Board Members! The following individuals have been elected to the Board of Directors. They take office effective October 16, 2025. Regional Directors: Region 1 – Erik Adams, Bay Colony Development Corp. Erik…

October 8, 2025 A Coleman Conversation: McCune Construction Funds Management In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Sabrina Harrison, President, and Stephanie Taylor, Director of Business Development at McCune Construction Funds Management, to discuss their leadership transition, the company’s role in SBA construction lending, and the challenges shaping today’s…

October 7, 2025 Bob ColemanFounder & Publisher, Coleman Report BayFirst Financial, 20th Largest SBA 7(a) Lender Exits Program BayFirst National Bank currently ranked 20th among SBA 7(a) lenders nationally, has announced its decision to exit the SBA 7(a) lending business as part of a strategic effort to “derisk SBA 7(a) balances on the balance sheet…

October 6, 2025 Ben KoplanCLU, CFP®, LifeEase When the Assignment of an Existing Life Insurance Policy within an SBA Loan May Be Inappropriate We were recently made aware of a situation where a borrower had collaterally assigned a personally held $1,000,000 life insurance policy to his lender to satisfy a condition of his business loan.…

October 6, 2025 Bob ColemanFounder & Publisher, Coleman Report Main Street Monday — SBA 7(a) up 19%, 504 up 17% for FY 2025 While I don’t have specific lender numbers for year end due to the government shutdown, SBA has released the FY25 program volumes of SBA 7(a) of $37 billion and 504 of $7.8…