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CHANGING THE LAWS
The Responsible Business Lending Coalition worked to pass 8 laws that are protecting small businesses and catalyzing growth of better financing options.
STATE LAWS

CA Small Business Truth in Lending Act (SB 1235, 2018)




NY Small Business Truth in Lending Act (S5470B, 2020)
CA Protections for Small Businesses from Unfair and Deceptive Acts (SB 1864, 2020)
CA Law Banning Junk Fees (SB 666, 2023)
CA Small Business Truth in Lending Act Reinforcement (SB 33, 2023)

CA Fair Debt Collection for Small Business Owners (SB 1286, 2024)
FEDERAL LAWS

Data innovation study in Appropriations Bill (Appropriations Bill, 2018)

Data access innovation provision in Taxpayers First Act (PL 16-25, 2019)

Small Business Resolution (2019)

WE HAVE A BIG OPPORTUNITY AHEAD
More states and US Congress have introduced bills prompted by the Responsible Business Lending Coalition advocacy. These bills are supported by our campaigns representing over 1,000 industry and nonprofit organizations.
Every entrepreneur deserves access to responsible, affordable capital that will help their business thrive, not force them out of business. The Responsible Business Lending Coalition advocates for policies that enshrine the principles of the Small Business Borrowers' Bill of Rights into law.
Signatories and Endorsers of the Small Business Borrowers’ Bill of Rights do not necessarily endorse the Coalition’s policy recommendations, but they are encouraged to sign onto specific proposals and support advocacy efforts aimed to enshrine the Rights into law.
FEDERAL ADVOCACY
The RBLC has brought together for-profit and nonprofit finance providers, advocacy and civil rights groups, and small businesses to promote responsible small business financing.
STATE ADVOCACY
In the absence of federal legislation to protect small business owners, state legislatures are taking the lead in addressing the issue. If you are interested in engaging in our state-level advocacy efforts, reach out to info@borrowersbillofrights.org.
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