The Regulatory Landscape for Small Business Lending

Panelists include: Jacob Haar, Responsible Business Lending Coalition; Daniel Gorfine, Innovative Lending Platform Association; Moderator: Jackson Mueller, Milken Institute.

Regulations are something small businesses constantly think about and with the current environment lacking clarity it is important to understand the current state of legislation; at LendIt USA 2017 we hosted a fireside chat focused on small business regulations; panelists talked about the rise of trade associations to support and protect small businesses from predatory lenders; consumers have had a lot of advocacy and the idea behind these associations is to provide small businesses with a similar type of advocacy; they also talked about the common goal of promoting transparency with efforts like the smart box and the borrowers bill of rights; regulating brokers, underwriting practices and non discriminatory policies are also key areas of focus for this conversation.