Coleman Report

August 27, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Brian Babcock, Carly Lovenguth & Erin Haldeman Brian Babcock Joins Ameris Bank as VP of Government Guaranteed Lending Brian Babcock has joined Ameris Bank as Vice President, Government Guaranteed Lending Business Development Officer after more than 11 years with Live Oak Bank. In his new…

August 26, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Lendesca In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Lendesca Founder and President Chris Hurn and newly appointed Chief Revenue Officer Ray Drew for a full-circle conversation nearly 15 years in the making. Ray began his SBA career as a…

August 25, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: SBA Drops the 9:1 Debt-to-Worth Test for Owner Buyouts SOP 50 10 8.1 draws a sharp distinction between Initial Acquisitions and the other change-of-ownership categories. Beginning October 1, an Initial Acquisition still requires a 10% equity injection. SBA is explicit: that requirement cannot be…

Courses Available: Why Enroll: SBA 7(a) Loan Closer Training I SBA 7(a) Loan Closer Training II SBA 7(a) Loan Underwriter Training SBA 7(a) Loan Servicing & Liquidation Training Testimonials Frequently Asked Questions When Does the Course Begin?All course materials are available on-demand and open September 14. The first live office hours session is on September…

August 24, 2026 Bob ColemanFounder & Publisher Main Street Monday: SBA Proposes a Much Bigger Definition of “Small” SBA published a proposed rule in the Federal Register on August 20 that would significantly expand its small-business size standards. SBA estimates the rule would add 114,541 businesses to the small-business population, increasing the total from 6.34…

August 21, 2026 Bob ColemanFounder & Publisher Fraud Friday: A Chemical Plant Explosion Exposes $24 Million Loan Fraud At 8:17 a.m. on November 8, 2023, an explosion and fire ripped through Sound Resource Solutions in Shepherd, Texas. Investigators later said an electrical fire on a forklift ignited a spilled chemical. The flames spread quickly and…

August 20, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Sonny Ko, Tim Valentine, Eric Sievers & Shalita Hale Sonny Ko Promoted to Chief Production Officer at ReadyCap Lending “Sonny’s SBA expertise, leadership experience, and industry relationships make him the right leader for our production organization,” says Gary Taylor, CEO of ReadyCap Lending. “As demand…

August 19, 2026 Bob ColemanFounder & Publisher Peachtree’s Greg Friedman to Keynote SBA Lender/Broker Summit in Orlando  We’re doing something different with today’s Coleman Conversation. I’m pleased to announce Greg Friedman, Managing Principal and CEO of Peachtree Group, will be our keynote speaker at the NASLB Winter Summit in Orlando on November 17. This is…

August 18, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: New SOP 5010 8.1 Impacts Biz-Aq Loans, Small Loans SBA released SOP 5010 8.1, effective October 1, 2026, for loans receiving an SBA loan number on or after that date. Until September 30, lenders continue to use SOP 50 10 8. There is a…

August 17, 2026 Bob ColemanFounder & Publisher Main Street Monday: SBA 7(a) Expands 90% Guaranty to Energy Sector While the new SBA SOP 5010 8.1 was released Friday there is one change effective immediately — 90% guaranties for the following NAICS codes under the International Trade Loan 7(a) loan program. Since May, the SBA has approved…