Small Businesses May Have a Surprising New Friend in Washington: The CFPB
Small business owners and regulators are often at odds with one another, but a new move from the country's consumer watchdog agency could have the two groups aligned in a common cause — better access to business credit. In a new initiative announced early Wednesday morning, the Consumer Financial Protection Bureau (CFPB) said it's seeking comment and information from business owners, lenders and any related parties into how to better track and understand the financing needs of small businesses, particularly minority-owned… Read More