Insights into the world of small business lending and development

CFPB Turns Attention to Small Business Lending Market

The Consumer Financial Protection Bureau (CFPB) has business lending in its sights thanks to an oft-forgotten mandate of the 2010 Dodd-Frank Act.

The agency is beginning preliminary work to implement Section 1071 of the law, which requires it to collect new data on the state of small-business lending, along with information about access to credit for women-owned and minority-owned businesses.

http://www.bna.com/cfpb-turns-attention-n57982074513/
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