Responsible Business Lending Coalition (RBLC)

Cross-sector coalition advocating for US #smallbiz owners' right to fair & transparent access to credit

✍ Author: Small Business Borrowers' Bill of Rights

[ImpactAlpha @ImpactAlpha]

.@Sorenson_Impact and @_BlueHaven are hosting a virtual panel about policy-enhanced #impinv with @lieselpritzker, @CIM_LLC’s @haar_jacob, @TheRBLC's Louis Caditz-Peck, Energy Action Fund's @rjwerder & Sorenson’s Lindsay Zizumbo on Wed., Oct. 9.

https://t.co/kKBbqh6tc9

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

After years working in the banking industry, Mark felt called to do more for North Carolina #smallbiz owners. “There were more businesses that I wanted to help, but I could not help them," he recalled.

Read our latest profile on Mark & @CarolinaSmBiz: https://t.co/zROWiPGOQV

[Senator Dave Min @SenDaveMin]

With the Governor’s signature, running a small business just got a little bit easier in California. For too long, small business owners have been unfairly targeted for taking personal loans to invest in their business.

That ends today under #SB1286. https://t.co/i887jpZtST

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

NEWS: @TheRBLC is pleased to announce the hiring of its first Executive Director, Louis Caditz-Peck.

Louis is not only a practitioner and advocate in #smallbiz financing, but he has long been a leader in the coalition since its founding. https://t.co/RaRetSVQQ6

[Small Business Majority @SmlBizMajority]

Maryland #entrepreneurs like @karida_nfc need regulatory protection from predatory lending. #HB574 would establish basic price transparency standards for #smallbiz lending.

Read more: https://t.co/ActDwJoXeq

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

Don't miss this chance to strengthen your financial strategy and connect with a supportive community promoting responsible #smallbiz financing options nationwide.💪

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

Struggling to secure capital for your #smallbiz? You're not alone! 🤝 Join the Small Business Majority webinar, "How to Find Responsible Small Business Financing," on January 17 at 4pm ET. Register here: https://t.co/vRzpqyY5pa

[Small Business Majority @SmlBizMajority]

Want to learn how to find responsible small business financing? Join us this Wednesday (1/17) for a free webinar about how to avoid predatory lenders and access safe capital for your #SmallBiz. https://t.co/al5dSgm8tU

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

What You'll Gain:
✅ Identify Responsible Financing Options
✅ Avoid Harmful Financing Products
✅ Take Action Against Harmful #Smallbiz Financing Practices

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

The RBLC was proud to join an amicus brief demonstrating the importance of California lawmakers’ efforts to protect #smallbiz borrowers from opaque and unfair financing practices. Read our statement: https://t.co/cXlnNn9QDr

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

We applaud Judge Klausner’s ruling in favor of @CaliforniaDFPI to uphold California's commercial financing disclosure regulations, which require companies to disclose key terms and costs for #smallbiz finance products. A thread👇

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

Access to responsible capital is a top concern for #entrepreneuers, and access to information like the annual percentage rate (APR) helps small business owners select the best financing option for their needs.

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

🎉Exciting News! Earlier this week, @CAgovernor @GavinNewsom signed SB 33: Commercial Financing Disclosure into law! This legislation enshrines the state’s small business truth in lending framework into permanent law, including disclosure of the annual percentage rate (APR)📊📈

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

@Bluevine’s innovative products have helped more than half a million smallbiz owners grow their businesses & @NCRC represents 700+ members orgs and is a steadfast champion for financial inclusion. (3/3)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

We are excited to announce @Bluevine and @NCRC as our newest coalition members! The two organizations have long advocated for the needs of smallbiz owners across the nation and are fitting additions to our cohort. (1/3) https://t.co/b0MzpKoa37

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

“We are thrilled to welcome them to the Coalition and look forward to benefiting from their expertise as we work to create a healthier financing landscape for America’s small business owners,” says Joyce Klein, RBLC Chair & @Aspen_BOI Senior Director (2/3)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

California is securing transparency and certainty for both #smallbiz owners and finance providers by making these essential protections permanent. Thank you to the California legislature for their unanimous support 🙌 Read our full statement here: https://t.co/MquHfQZ4aK (3/3)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

📢 We’re thrilled that California lawmakers passed SB 33, building on their groundbreaking efforts to demand clear communication of cost and terms, including the disclosure of annual percentage rate (APR), for #smallbiz financing. (1/3)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

🌟Continued APR disclosure empowers small business owners to compare financing options and rewards finance companies that offer innovative and affordable products. (2/3)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

To learn more on why small businesses deserve better access to lending data check out this op-ed in @thehill by RBLC member Joyce Klein, Senior Director of @Aspen_BOI 👉https://t.co/56Bl7FtT0w. (5/5)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

📢A regrettable setback for #SmallBiz nationwide! A recent preliminary injunction issued by the US District Court for Southern District of Texas, ruled against lenders complying with the CFPB’s Section 1071 rule, which aims to gather demographic data on #smallbiz borrowers. (1/5)

[Responsible Business Lending Coalition (RBLC) @TheRBLC]

Read the coalition’s full statement by RBLC member @MarlaBilonick, President & CEO @NALCAB,👉 https://t.co/cN6rNCKuv9. (4/5)