Tag Archives: small business lending

ABA Supports Bill to Reinstate SBA 504 Refinancing Program

ABA yesterday thanked Sens. Jeanne Shaheen (D-N.H.) and Johnny Isakson (R-Ga.) for introducing S. 966. The bill would reinstate the Small Business Administration’s 504 Loan Refinancing Program, which has helped thousands of small firms refinance more than $5 billion in commercial real estate debt.

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Senate Democrats Urge Rules for Small Biz Loan Data Disclosure

Sen. Cory Booker (D-N.J.) led a group of several Senate Democrats on Friday in asking Consumer Financial Protection Bureau Director Richard Cordray to accelerate a Dodd-Frank Act rulemaking that would require lenders to report small business loan data similar to mortgage loans under the Home Mortgage Disclosure Act.

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Curry Encourages Participation in Treasury’s SSBCI Program

Comptroller of the Currency Thomas Curry today encouraged bankers to participate in the Treasury Department’s State Small Business Credit Initiative, which has since 2010 distributed more than $1 billion to states for programs that expand access to credit for small businesses.

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