Coleman Report

The Coleman AI SBA Underwriter Membership is your roadmap to mastering AI — one clear, simple step at a time. Coleman designed this training in manageable, structured modules because that’s how both AI and underwriters learn best. The goal isn’t to do everything at once — it’s to build mastery step by step. Think of…

November 7, 2025 Bob ColemanFounder & Publisher, Coleman Report Fraud Friday: The $45 Million Fraud that Ripped off 20 Nebraska Banks   Jesse Hill, 35, of Hickman, Nebraska, was sentenced to five years in federal prison for his role in a scheme that defrauded nearly twenty banks of tens of millions of dollars. U.S. District Judge…

November 6, 2025 Bob ColemanFounder & Publisher Movers & Shakers: Tom Eggleston, Chad Coester, Eric Orantes, & Paul Avery Baker Lewis Positions for Growth with Addition of Former Live Oak Bank Executive Tom Eggleston “Hiring someone with a track record like Tom’s certainly turns heads,” says Baker Lewis CEO Dustin Baker. “But that’s not why…

November 5, 2025 Bob ColemanFounder & Publisher A Coleman Conversation: Frank Gallegos In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Frank Gallegos, Executive Director of Cen Cal Business Finance Group in Fresno, to discuss his journey from SBA lender to leading one of California’s most impactful Certified Development Companies. Frank shares how Cen Cal…

November 4, 2025 Bob ColemanFounder & Publisher, Coleman Report SBA Hot Topic Tuesday: BayFirst Posts $12.4 Million SBA Small Loan Program Quarterly Loss — Announces OCC Action Coming Soon More details are emerging about BayFirst Financial Corp’s decision to shut down its SBA 7(a) lending program after posting significant losses tied to its small-loan operation.…

November 3, 2025 Ben KoplanCLU, CFP®, LifeEase Life Insurance Requirements for SBA Loans: An In-Depth White Paper Executive SummaryThis white paper provides a comprehensive overview of life insurance requirements, with a particular emphasis on Small Business Administration (SBA) loans. It details why life insurance is commonly required as collateral, how collateral assignment works, precise SBA…

November 3, 2025 Bob ColemanFounder & Publisher, Coleman Report Main Street Monday — 320 Small Businesses Lose $170 Million in SBA Loans a Day During Shutdown Says SBA Administrator Kelly Loeffler: “With the SBA’s loan programs shuttered, thousands of small businesses are now unable to access the vital funding they need to survive, let alone…

October 27, 2025 by Ryan GoodsonCLU, Managing Director, LifeEase The Role of Life Insurance Under SOP 50 10 8 for SBA 504 Loans Executive SummaryWith the implementation of SOP 50 10 8, effective June 1, 2025, the Small Business Administration (SBA) has refined life insurance requirements critical to the SBA 504 loan program. This paper…

October 31, 2025 Bob ColemanFounder & Publisher, Coleman Report Fraud Friday: Lying to a Bank for a $10 Million Loan about not being under SEC Investigation is a Bad Idea  Federal agents arrested Max McDermott of Newport Beach, California last month for misappropriating a $10 million bank loan. Prosecutors say the money was supposed to…

October 29, 2025 Bob ColemanFounder & Publisher, Coleman Report A Coleman Conversation: Jon Winick In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Jon Winick, CEO of Clark Street Capital, to discuss his journey from GE Capital to becoming one of the leading experts in bank loan portfolio sales. Jon shares how Clark Street…