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.
- 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...
- November 27, 2021The Consumer Bankers Association (CBA), the International Franchise Association (IFA), the National Association of Women Business Owners (NAWBO) and the US Hispanic Chamber of Commerce (USHCC) are joining forces to celebrate America’s small businesses in advance of Small Business Saturday on November 27 as part of their joint campaign unveiled in May, the #SmallBusinessSpotlight . The campaign...
- November 24, 2021Dear Ranking Member Luetkemeyer: On behalf of the Consumer Bankers Association (“CBA”), I write to express our strong support for H.R. 6037, which would prohibit the Administrator of the Small Business Administration (SBA) from directly making loans under the 7(a) loan program. This bill is vitally important as lawmakers continue to deliberate a proposal contained within the Build Back Better...
- November 5, 2021Yesterday, Richard Foster, who recently completed a two-year term as Chair of the Consumer Bankers Association (CBA) Small Business Committee , participated in a Veterans Small Business Showcase and Roundtable hosted by House Committee on Small Business Ranking Member Blaine Luetkemeyer (MO-03) to commemorate National Veterans Small Business Week. Foster is an Executive Vice President and...November 2, 2021 - 12:00PMPastOctober 26, 2021The Consumer Bankers Association and Small Business Financial Exchange today released the Small Business Lending Trends analysis covering the second quarter of 2021. The analysis, which is released quarterly, examines key credit information for America’s small businesses and found multiple rounds of federal relief and lender assistance programs have had a positive impact on both delinquency and...
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CBA Comment Letter re Supervision of Nonbank Small Business Lenders