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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.
- May 19, 2022 - 2:00PMUpcomingMay 3, 2022 - 2:00PMPastApril 26, 2022 - 12:00PMPastApril 7, 2022This week marks two years since the opening of the Paycheck Protection Program (PPP), an entirely new federal program introduced at the start of the COVID-19 pandemic to support small businesses amidst an unprecedented public health and economic crisis. Working in tandem with the Small Business Administration (SBA) America’s leading banks helped ensure the program’s success. In a new statement...April 5, 2022The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) today released the Q4 2021 Small Business Lending Trends analysis,examining key credit information for America’s small businesses. The report found even as traditional metrics slowly return to a more “normal state,” supply chain disruptions, labor shortages, and historic levels of inflation continue to negatively...February 10, 2022In a new letter sent yesterday to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, Consumer Bankers Association (CBA) President & CEO Richard Hunt urged the Bureau to extend its supervisory authority over small business fintech lenders, who operate outside the regulatory purview of the Bureau and do not abide by the same federal oversight requirements as traditional banks...February 9, 2022Director Chopra: The Consumer Bankers Association (CBA) writes to urge the Consumer Financial Protection Bureau (Bureau) to supervise nonbank small business lenders. While banks are typically the first place that small businesses consider when seeking a loan, the landscape for business lending has changed substantially in recent years, with alternative banking options offered by financial...January 11, 2022The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) today released the Q3 2021 Small Business Lending Trends analysis , examining key credit information for America’s small businesses. The report, which is released quarterly, found that even as new credit accounts increased slightly from the previous quarter, small businesses continued to be cautious and...January 6, 2022The Consumer Bankers Association, in a comprehensive comment letter to the Consumer Financial Protection Bureau (CFPB), outlined recommendations to protect and expand access to credit for small businesses and underserved communities. The letter follows the Bureau’s Notice of Proposed Rulemaking (NPRM) in September 2021 to expand data collection requirements for financial institutions in the small...January 4, 2022This week, the Consumer Financial Protection Bureau (CFPB) will receive input from stakeholders in response to its Notice of Proposed Rulemaking (NPRM) to expand data collection requirements for financial institutions in the small business lending market under Section 1071 of the Dodd-Frank Act. Here’s what’s happening, why it matters and how the CFPB can protect access to credit for small...