Ray Drew interviews the interviewer with SBA Industry Legend Bob Coleman | Ep. 122

The Art of SBA Lending

It's THE episode you cannot miss, featuring Bob Coleman! This week on The Art of SBA Lending, Bob Coleman, Publisher of The Coleman Report, is interviewed by our host Ray Drew about whether we’ve returned to the loosened credit standards of 2007, how technological advances disrupted Bob’s business multiple times, and the SBA’s new reputation problem thanks to PPP fraud. Hear the legend himself get into details from behind-the-scenes at The Coleman Report, plus his exclusive industry takes! Navigate this episode: 2:25 Introducing Bob Coleman 6:55 Are we returning to the credit standards of 2007? 9:22 Government assistance now vs the past 11:30 Thoughts on financing young or inexperienced entrepreneurs 14:28 Bobs take on the state of lending in 2020 and PPP 16:12 Bobs background and experience leading to The Coleman Report 20:29 Bob covers the BancServ era 24:36 Potential conflicts between responsible journalism and banking 29:26 Bobs experience and advice on pivoting in your career and being diligent about your brand's reputation 33:57 Introduction to AI in the workplace 36:21 The current reputation of SBA industry 37:05 New changes to the 7a program 43:23 What's next for Bob?

------------------------------------------------------------------------------- This episode is sponsored in part by: Lumos Technologies, Inc Lumos empowers your small business lending growth with cutting-edge analytics and streamlined applications that optimize your performance. If you're ready to take your small business lending to the next level with cutting edge analytics and AI, visit lumosdata.com or lumosdata.com/contact-us ----------------- Outsourced Risk Management Solutions LLC (ORMS) ORMS is the go-to environmental management firm used by SBA lenders to order environmental due diligence and navigate SBA compliance. If you’re interested in having ORMS manage your environmental process, reach out to Derek Ezovski at [e-mail].