Blueacorn Founders

Blueacorn was a fintech company that helped small businesses apply for PPP loans during the pandemic. The company’s founders, Nathan Reis and Stephanie Hockridge, have been indicted for PPP loan fraud, accused of submitting fake applications with fraudulent documents and charging illegal kickbacks. They face wire fraud and conspiracy charges, each carrying up to 20…

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Fraud Friday!

Fraud Friday! articles are published Friday mornings and shows premiere at 1PM EST on Coleman Report’s YouTube channel: youtube.com/@ColemanReport Here are the top stories we’re following: Kris Roglieri & Prime Commercial Capital Blueacorn Founders Nik & Trisha Patel

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A Banking Reset? Trump’s Impact on Regulation, M&A, Market Outlook — 2/11

Attend the Live Webinar EventTuesday, February 11, 20251:00 PM Eastern Register Here The new Trump Administration is ushering in hope for many bankers, excited at the prospect of regulatory relief and a more pro-business climate. Bank stocks have rallied and bank earnings for Q4 have largely been encouraging. While problems in liquidity, credit, and inflation…

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Coleman SBA Lender Awards Luncheon — March 13

Celebrate SBA Lending Excellence in Orlando! March 13, 2025 at Citrus Club in Orlando Sponsored by iBusiness & One Source Business Capital $195 per seat | $1500 per table of 8Deadline to register is March 1! Make your plans to join us in Orlando for the SBA industry’s first national awards luncheon. On Thursday, March…

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Coleman BDO Summit — 3/13-3/14

March 13-14, 2025 at the Grand Bohemian Hotel Orlando All past winners are invited to attend at no cost. If you are not a past winner and would like to attend, please email your 2024 numbers to anna@colemanreport.com to apply. Our sponsorship committee will review your email and send an invitation if approved. Tentative Agenda…

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Coleman Report Weekly Newsletter

Coleman Report Weekly Newsletter — SBA Executive Industry Newsletter Delivered Weekly The Coleman Report weekly newsletter is an essential resource for executives in the SBA lending industry. The newsletter is designed to help you stay ahead of industry developments with clear, actionable insights and in-depth analysis. Whether you’re managing risk, refining your processes, or strategizing…

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Underwriting SBA 7(a) & 504 Franchise Loans Certified Online Training

Certified Online Training1 Hour of Content Split Into 6 ModulesLed by Lance Sexton A Best Practice SBA Lending Guide Post-Franchise Directory Last year’s SBA rule change eliminated the need for lenders to consider control issues when determining affiliates of small business applicants. As part of this change, the SBA no longer publishes the Franchise Directory,…

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Spotting & Reporting Borrower Fraud Certified Online Training

Certified Online Training1 Hour of Content Split Into 6 ModulesLed by Lance Sexton SBA Lender Loan Fraud Reporting Obligations SBA use of the word “must” is a requirement. Not a suggestion. Says SBA in SOP 5057 3 , “All SBA officials, Lenders, Borrowers contractors and others must report any known or suspected irregularities involving SBA…

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SBA’s SOP: Master the 2025 7(a) and 504 Loan Program Changes – 12/18

Effective Immediately! A Coleman WebinarDate: Wednesday, December 18, 2024Time: 2:00 p.m. EasternIncludes e-certification & recording A new 14-page procedural notice from the SBA, effective December 6th, introduces several changes to SBA’s underwriting SOP 5010 7.1, as well as the servicing and liquidation of 7(a) and 504 loans. This end-of-year notice contains important policy clarifications for…

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