Endorse the Small Business Financing Disclosure Act of 2023!

The “Small Business Financing Disclosure Act of 2023" (S. 2021 / H.R. 4192) will ensure that entrepreneurs can access responsible, affordable capital that will help their business thrive, not force them out of business. If enacted, this bill would ensure that all business owners have access to the following information when shopping for financing products:

  1. Financing Amount

  2. Annual Percentage Rate (APR)

  3. Payment Amount

  4. Term

  5. Finance Charge

  6. Prepayment Cost or Savings

  7. Collateral Requirements

The bill's strong, cross-industry support demonstrates that both for- and non-profit finance providers want to operate in a market that works better for small business owners. Find the list of supporters here. To join us in endorsing the Small Business Financing Disclosure Act of 2023, please fill out the form below. If you have questions, please reach out to info@borrowersbillofrights.org

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If you would like to share an organizational quote for inclusion in communications about this bill, please share the text below (along with the person to be quoted, if different from above)
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