borrower protections

CA Proposes Lending Regs To Protect SMB Borrowers
CA Proposes Lending Regs To Protect SMB Borrowers
July 29, 2019  |  Loans

Proposed regulations would give small businesses in California the nation’s most extensive set of truth-in-lending protections for small business borrowers.  The new rules were released...

READ MORE >
US Rep Calls For Action On Predatory SMB Lending
US Rep Calls For Action On Predatory SMB Lending
June 28, 2019  |  B2B Payments

U.S. Representative Nydia Velázquez (D-NY) is calling on lawmakers to address predatory lending to small businesses (SMBs), The Washington Post reported on Thursday (June 27)....

READ MORE >
NY At Key Point In SMB Borrower Protection Fight
NY At Key Point In SMB Borrower Protection Fight
June 18, 2019  |  B2B Payments

The New York state legislature will rule this week whether to move forward with a borrower protections bill for small businesses (SMBs), as allegations of...

READ MORE >
FTC Launches Merchant Cash Advance Probe
FTC Launches Merchant Cash Advance Probe
May 28, 2019  |  B2B Payments

The Federal Trade Commission has launched an investigation into the merchant cash advance industry just days after FTC Commissioner Rohit Chopra called on the watchdog...

READ MORE >
FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
March 05, 2019  |  B2B Payments

Heightening efforts among policymakers across the globe to expand customer protections in the financial services (FinServ) space have largely left small business (SMB) banking and...

READ MORE >
Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
January 08, 2019  |  B2B Payments

Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to the industry’s co-called...

READ MORE >
The Business Case For Protecting SME Borrowers
The Business Case For Protecting SME Borrowers
April 19, 2017  |  B2B Payments

When the Small Business Borrowers’ Bill of Rights was developed in 2015, it appeared as if alternative SME lenders were collectively taking a stance against...

READ MORE >