April 13, 2023
Coleman Movers & Shakers – Bruce Boddie, Momentus Capital, SBA After PPP, and MALC
Bruce Boddie Joins VelocitySBA as Southeast Regional Sales Manager
“Bruce Boddie is a great addition to VelocitySBA. A tremendous talent and a significant milestone in our strategic growth plan as a premier nationwide SBA lender,” says President, Charles Rho. “We are very happy to have Bruce join our team,” says National Sales Manager. Greg Fioresi. “I am excited to have him lead our Southeast Region as we continue to expand across the country and maximize our national outreach.”
Bruce brings to the team over 25 years of commercial lending experience, having previously served as Senior VP/Healthcare and CRE Sales Manager with First Bank of the Lake, Business Development Officer and Regional Sales Manager with Wells Fargo SBA, and Regional Sales Manager with Lehman Brothers SBF.
Bruce has deep experience with financing solutions across all industries, with a recent emphasis on healthcare professionals, including Real Estate, Business Acquisitions, and Startup/Expansion financing.
“I’m thrilled to join the leadership team at VelocitySBA,” says Bruce. “Non-bank lenders are the future of SBA with greater flexibility to deliver tailored financing solutions, the agility to adapt to changing market conditions, and the speed to market that is desperately needed by entrepreneurs and small business owners. VelocitySBA checks all those boxes.”
Two Momentus Capital Organizations Named Among the Best Nonprofits in the U.S.
“We are incredibly thrilled to be honored as two of the best nonprofits to work for — and incredibly thankful to our team members for making that recognition possible in so many ways,” says Kim Dorsett, Chief Human Resources Officer for Capital Impact Partners and CDC Small Business Finance. “This award is both validation for what we’ve done so far and motivation to continue to invest in our people. Training, resources, and a thriving culture will help us all do our best work.”
Two organizations from the Momentus Capital branded family of organizations have been named among the best medium-sized nonprofits in the United States, according to The NonProfit Times, the leading publication for nonprofit managers.
Capital Impact Partners is ranked the #1 nonprofit in the medium-sized category, which includes organizations with 50-249 employees. And the organization is also among the best nonprofits of any size, ranked #2 overall.
CDC Small Business Finance is also honored in this year’s rankings as the #17 medium-sized nonprofit and #43 overall. Capital Impact Partners and CDC Small Business Finance are both part of the Momentus Capital branded family of organizations, which also includes Ventures Lending Technologies, among other organizations.
The SBA After PPP
After the whirlwind of the Paycheck Protection Program, the SBA Administrator, Isabella Casillas Guzman, has since redirected attention to expanding lending programs and capital access to small businesses in underserved markets.
Lynn Ozer worked for the SBA in the 1970s and has served as a lending officer at a handful of banks over the past 40 years. “I am all for improving and streamlining the process,” Ozer says. “But when you’re modernizing and letting in nonregulated lenders, while simultaneously removing historically proven guardrails that have gone a long way to make the program run more smoothly, you’re doing an experiment and changing all the variables at one time.”
Coleman Team will be MALC Next Week
From April 19 to April 21, the Coleman Employees will be attending the Mid-America Lenders Conference.