Request for Information Regarding the Small Business Lending Market

77 organizations filed 143 public comments on Request for Information Regarding the Small Business Lending Market, at the Consumer Financial Protection Bureau. The comment window closed 3239d ago.

Abstract

The Consumer Financial Protection Bureau (CFPB or Bureau) seeks information about the small business lending market. Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amends the Equal Credit Opportunity Act (ECOA) to require financial institutions to compile, maintain, and report information concerning credit applications made by women-owned, minority-owned, and small businesses. In an effort to inform the Bureau’s work on the business lending data collection rulemaking to implement section 1071, the Bureau seeks to learn more about the small business financing market, including understanding more about the products that are offered to small businesses, including women-owned and minority-owned small businesses, as well as the financial institutions that offer such credit. The Bureau also seeks to learn more about the business lending data that currently is used and may be maintained by financial institutions in connection with credit applications made by small businesses, including women-owned and minority-owned small businesses, and the potential complexity and cost of small business data collection and reporting. The Bureau is also seeking comment from the public on privacy concerns related to the disclosure purposes of section 1071.

Commenters (77)

• People's Action Institutetrade assoc.

  55 filings · confidence 85%
• American Bankers Associationtrade assoc.

  4 filings · confidence 97%
• Main Street Alliancetrade assoc.

  3 filings · confidence 85%
• California Reinvestment Coalitiontrade assoc.

  2 filings · confidence 85%
• DF1071 Corporationunverified attribution

  2 filings · confidence 70%
• First National Bankunverified attribution

  2 filings · confidence 70%
• Metropolitan Milwaukee Fair Housing Counciltrade assoc.

  2 filings · confidence 85%
• National Association for Latino Community Asset Builderstrade assoc.

  2 filings · confidence 85%
• National Community Reinvestment Coalitiontrade assoc.

  2 filings · confidence 85%
• Small Business Finance Associationtrade assoc.

  2 filings · confidence 85%
• 1st National Bank of Scotiaunverified attribution

  1 filing · confidence 70%
• Association for Enterprise Opportunitytrade assoc.

  1 filing · confidence 85%
• California Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Coastal Credit Unionunverified attribution

  1 filing · confidence 70%
• Community Bankers Association of Illinoistrade assoc.

  1 filing · confidence 85%
• Community Development Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Community Investment Corporationunverified attribution

  1 filing · confidence 70%
• Conference of State Bank Supervisorstrade assoc.

  1 filing · confidence 85%
• Consumer Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Credit Union Association of the Dakotastrade assoc.

  1 filing · confidence 85%
• Credit Union National Associationtrade assoc.

  1 filing · confidence 97%
• Cypress Hills Local Development Corporationunverified attribution

  1 filing · confidence 70%
• DLL Finance LLCunverified attribution

  1 filing · confidence 70%
• Electronic Transaction Associationtrade assoc.

  1 filing · confidence 85%
• Equipment Leasing & Finance Associationtrade assoc.

  1 filing · confidence 85%
• FIC Inc.unverified attribution

  1 filing · confidence 70%
• First National Bankers Bankunverified attribution

  1 filing · confidence 70%
• Frayser Community Development Corporationunverified attribution

  1 filing · confidence 70%
• Georgia Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Georgia Credit Union Leaguetrade assoc.

  1 filing · confidence 85%
• Guaranty Bank and Trust Company of Delhiunverified attribution

  1 filing · confidence 70%
• Hispanic Interest Coalition of Alabamatrade assoc.

  1 filing · confidence 85%
• Hope Enterprise Corporationunverified attribution

  1 filing · confidence 70%
• Illinois Credit Union Leaguetrade assoc.

  1 filing · confidence 85%
• INDEPENDENT BANKERS ASSOCIATION OF TEXAStrade assoc.

  1 filing · confidence 85%
• Independent Recovery Resources Inc.unverified attribution

  1 filing · confidence 70%
• Innovative Lending Platform Associationtrade assoc.

  1 filing · confidence 85%
• Iowa Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Los Alamos National Bank Albuquerqueunverified attribution

  1 filing · confidence 70%
• Marketplace Lending Associationtrade assoc.

  1 filing · confidence 85%
• Maryland Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Maryland Consumer Rights Coalitiontrade assoc.

  1 filing · confidence 85%
• Mass Mail Campaign 7 - Comment Submitted by Jerome Montes Main Street Alliance of New Jerseytrade assoc.

  1 filing · confidence 85%
• Massachusetts Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Mercatus Center at George Mason Universityunverified attribution

  1 filing · confidence 70%
• Metropolitan St. Louis Equal Housing and Opportunity Counciltrade assoc.

  1 filing · confidence 85%
• Milken Institutetrade assoc.

  1 filing · confidence 85%
• Minnesota Credit Union Networkunverified attribution

  1 filing · confidence 70%
• Missouri Bankers Associationtrade assoc.

  1 filing · confidence 85%
• National Association of Industrial Bankerstrade assoc.

  1 filing · confidence 85%
• National Automobile Dealers Associationtrade assoc.

  1 filing · confidence 97%
• National Automobile Dealers Association (NADA) and the National Association of Minority Automobile Dealers (NAMAD).trade assoc.

  1 filing · confidence 85%
• National Coalition for Asian Pacific American Community Developmenttrade assoc.

  1 filing · confidence 85%
• National Federation of CDCUstrade assoc.

  1 filing · confidence 85%
• National Independent Automobile Dealers Associationtrade assoc.

  1 filing · confidence 85%
• National Urban Leaguetrade assoc.

  1 filing · confidence 85%
• National Women's Business Counciltrade assoc.

  1 filing · confidence 85%
• Nebraska Bankers Associationtrade assoc.

  1 filing · confidence 85%
• New First National Bankunverified attribution

  1 filing · confidence 70%
• Ohio Credit Union Leaguetrade assoc.

  1 filing · confidence 97%
• Oklahoma Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Oregon Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Peoples Action Institutetrade assoc.

  1 filing · confidence 85%
• Puerto Rico Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Responsible Business Lending Coalitiontrade assoc.

  1 filing · confidence 85%
• Sapna Mehta for Amanda Ballantyne. The Main Street Alliancetrade assoc.

  1 filing · confidence 85%
• The Financial Services Roundtabletrade assoc.

  1 filing · confidence 85%
• The Greenlining Institutetrade assoc.

  1 filing · confidence 85%
• The Middlefield Banking Companyunverified attribution

  1 filing · confidence 70%
• Truck Renting and Leasing Associationtrade assoc.

  1 filing · confidence 85%
• University Neighborhood Housing Programunverified attribution

  1 filing · confidence 70%
• Utah State University - Jon M. Huntsman School of Businessunverified attribution

  1 filing · confidence 70%
• Vermont Slauson Economic Development Corporationunverified attribution

  1 filing · confidence 70%
• West Valley National Bankunverified attribution

  1 filing · confidence 70%
• Wings Financial Credit Unionunverified attribution

  1 filing · confidence 70%
• Women’s Housing and Economic Development Corporationunverified attribution

  1 filing · confidence 70%
• Woodstock Institute & Small Business Collaborativetrade assoc.

  1 filing · confidence 85%