RBLC Press Releases
Responsible Business Lending Coalition Applauds California’s Proposed Commercial Finance Disclosure Regulations
(Washington, D.C. - July 29, 2019)
The State of California acted in the best interests of small businesses by developing proposed regulations that reinforce small business borrowers’ right to transparency in financial products. The proposed regulations released by the Department of Business Oversight (DBO) would protect California’s four million small businesses from predatory lending by mandating they be given the opportunity...
Federal Ban on Confessions of Judgment Would Help Small Businesses
(Washington, D.C. - June 25, 2019)
Congress took an important step toward protecting small businesses from predatory lending by re-introducing the Small Business Lending Fairness Act. This legislation, which is sponsored by Sens. Sherrod Brown (D-OH) and Marco Rubio (R-FL) in the Senate and Reps. Nydia Velazquez (D-NY) and Roger Marshall (R-KS) in the House, would ban a clause commonly found in small business lending...
StreetShares and Opportunity Finance Network Join Responsible Business Lending Coalition
(Washington, D.C. - June 18, 2019)
The Responsible Business Lending Coalition (RBLC), a network of non-profit and for-profit lenders, brokers and small business advocates, today announced the addition of two new member organizations. Joining the coalition are Opportunity Finance Network, the national association of community development financial institutions (CDFIs) with over 260 members in all 50 states, and StreetShares, ...
Responsible Business Lending Coalition Endorses Bipartisan Resolution on Fundamental Small Business Financing Rights
(Washington, D.C. - May 9, 2019)
The Responsible Business Lending Coalition (RBLC), a network of for-profit and non-profit lenders, brokers and small business advocates, applauds the leadership of Representatives Dean Phillips (D-MN), William Timmons (R-SC) and Nydia Velazquez (D-NY) in introducing a bipartisan Resolution in support of the Small Business Borrowers’ Bill of Rights. The RBLC developed the Small Business Borrowers’ Bill...
(Washington, D.C. - July 29, 2019)
The State of California acted in the best interests of small businesses by developing proposed regulations that reinforce small business borrowers’ right to transparency in financial products. The proposed regulations released by the Department of Business Oversight (DBO) would protect California’s four million small businesses from predatory lending by mandating they be given the opportunity...
Federal Ban on Confessions of Judgment Would Help Small Businesses
(Washington, D.C. - June 25, 2019)
Congress took an important step toward protecting small businesses from predatory lending by re-introducing the Small Business Lending Fairness Act. This legislation, which is sponsored by Sens. Sherrod Brown (D-OH) and Marco Rubio (R-FL) in the Senate and Reps. Nydia Velazquez (D-NY) and Roger Marshall (R-KS) in the House, would ban a clause commonly found in small business lending...
StreetShares and Opportunity Finance Network Join Responsible Business Lending Coalition
(Washington, D.C. - June 18, 2019)
The Responsible Business Lending Coalition (RBLC), a network of non-profit and for-profit lenders, brokers and small business advocates, today announced the addition of two new member organizations. Joining the coalition are Opportunity Finance Network, the national association of community development financial institutions (CDFIs) with over 260 members in all 50 states, and StreetShares, ...
Responsible Business Lending Coalition Endorses Bipartisan Resolution on Fundamental Small Business Financing Rights
(Washington, D.C. - May 9, 2019)
The Responsible Business Lending Coalition (RBLC), a network of for-profit and non-profit lenders, brokers and small business advocates, applauds the leadership of Representatives Dean Phillips (D-MN), William Timmons (R-SC) and Nydia Velazquez (D-NY) in introducing a bipartisan Resolution in support of the Small Business Borrowers’ Bill of Rights. The RBLC developed the Small Business Borrowers’ Bill...