Small Business Lending

Small business lending is a top priority for CBA’s member banks. CBA strongly believes small businesses are the lifeblood of the U.S. economy and we remain committed to improving the small business lending environment and process through pro-business legislation and regulation. Collectively, CBA’s member banks have over $200 billion in small business loans on their books, and remain committed to exploring innovative ways to address the needs of lenders and borrowers alike.
  • June 6, 2018
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the U.S. Senate passed the Small Business 7(a) Lending Oversight Reform Act of 2018 (H.R. 4743), which will authorize the SBA Administrator to increase the 7(a) Loan Program’s authorization cap by 15 percent during periods of high demand, among other reforms. The House previously passed...
  • May 11, 2018
    DRIVING THE CONVERSATION Rumor Mill Churns: McWatters as Bureau Director? – There is plenty of buzz in D.C. surrounding President Trump’s potential nomination of National Credit Union Administration Board Chair Mark McWatters as the next Director of the Bureau of Consumer Financial Protection (Bureau). We have had conversations with McWatters, as well as many other potential candidates for the...
  • May 9, 2018
    May 9, 2018 Mr. Kenneth A. Blanco, Director Financial Crimes Enforcement Network P.O. Box 39 Vienna, VA 22183 Re: Compliance for Customer Due Diligence Rule Dear Director Blanco, The Consumer Bankers Association (CBA) [1] fully supports efforts by the Financial Crimes Enforcement Network (FinCEN) to crack down on illegal activities through its final customer due diligence rule (CDD rule). While...
  • May 8, 2018
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the U.S. House of Representatives passed the Small Business 7(a) Lending Oversight Reform Act of 2018 (H.R. 4743), which will authorize the SBA Administrator to increase the 7(a) Loan Program’s authorization cap by 15 percent during periods of high demand, among other reforms: “CBA...
  • May 8, 2018
    The House approved a bill Tuesday that gives the administrator of the Small Business Administration discretion to increase the lending authority of the agency’s flagship 7(a) loan guarantee program by 15% in periods of high demand. Read more.
  • May 8, 2018
    May 7, 2018 The Honorable Paul Ryan Speaker U.S. House of Representatives Washington, D.C. 20515 The Honorable Nancy Pelosi Minority Leader U.S. House of Representatives Washington, D.C. 20515 Dear Speaker Ryan and Minority Leader Pelosi: The Consumer Bankers Association (CBA) supports H.R. 4743, the Small Business 7(a) Lending Oversight Reform Act of 2018 and applauds the bipartisan effort that...
  • May 4, 2018
    D.C. MEMORIAL DAY SHOT CLOCK What’s on the D.C. Docket ahead of Memorial Day? – Here is your cheat sheet to guide you through the month: Monday RFI Deadline –The BCFP RFI process continues with comments on administrative adjudications (May 7), enforcement processes (May 14), supervision processes (May 21) and external engagements (May 28) due this month. CBA will be submitting comment on these...
  • April 6, 2018
    April 6, 2018 The Honorable Mike Crapo The Honorable Sherrod Brown Chairman Ranking Member Committee on Banking, Housing Committee on Banking, Housing & Urban Affairs & Urban Affairs U.S. Senate U.S. Senate 534 Dirksen Office Building 534 Dirksen Office Building Washington, D.C. 20510 Washington, D.C. 20510 Dear Chairman Crapo and Ranking Member Brown: The Consumer Bankers Association (...
  • April 6, 2018
    April 6, 2018 The Honorable Jeb Hensarling The Honorable Maxine Waters Chairman Ranking Member Committee on Financial Services Committee on Financial Services U.S. House of Representatives U.S. House of Representatives 2129 Rayburn House Office Building 4340 O’Neill House Office Building Washington, D.C. 20515 Washington, D.C. 20151 Dear Chairman Hensarling and Ranking Member Waters: The Consumer...

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