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What is the Small Business Borrowers' Bill of Rights? Why was it developed? How can it be useful to you?
Many have watched in dismay as predatory practices have emerged in the small business lending market. To help advance responsible lending in the small business market, the Responsible Business Lending Coalition* introduced the Small Business Borrowers' Bill of Rights (BBOR) on August 6, 2015. The BBOR defines a set of borrower rights and lending practices that can ensure that small businesses receive financing that supports their long-term success.
Now
FIELD and the Responsible Business Lending Coalition are hosting
two webinars to introduce small and microbusiness organizations, lenders, funders and investors to the BBOR.
We invite you to participate in a conversation about BBOR and the ways it can help you educate borrowers and promote responsible lending practices!
The webinar will highlight trends in the small business lending market, predatory lending practices that have emerged, and how organizations can sign onto or endorse the BBOR. Whether you are a small business development organization, CDFI, lender, broker, investor, or think tank, this is your chance to learn more about the BBOR and ask questions about this new tool.
Join
Joyce Klein of
FIELD,
Gina Harman of
Accion, and
Eric Weaver and
Alex Dang of
Opportunity Fund, and on
September 24 at
2pm EDT; or join
Jonathan Brereton of
Accion Chicago,
Louis Caditz-Peck of
Lending Club, and
Joyce Klein of
FIELD on
Thursday, October 15 at
2 PM EDT! The two sessions are identical.
*The Responsible Business Lending Coalition is facilitated by FIELD at the Aspen Institute. Members of the Coalition are Accion, the Aspen Institute, Fundera, Funding Circle, Lending Club, Multifunding, Opportunity Fund, and Small Business Majority.
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