Coleman’s CFPB Small Business Lending Compliance Update
The Consumer Financial Protection Bureau has published its interim final rule, and the Supreme Court has ruled. The agency is moving forward with its plan to collect small business lending data from lenders. Data collection will begin on October 1, 2024, and compliance reporting will commence on June 1, 2025. Beta testing starts in August.
We’ll help you stay ahead of the curve with essential insights delivered straight to your inbox. Twice a month, we’ll send you comprehensive reports that break down the CFPB’s latest activities, with a focus on their moves in SBA and small business lending. You’ll know what’s happening, why it matters, and how it affects your lending institution.
Additionally, every month, you and your team have the opportunity to join an exclusive Zoom call. This is no ordinary call. Moderated by Bob Coleman, you’ll get to hear directly from top experts. Ask them your burning questions and gain insights that could give your institution a competitive edge.
If you want to join in on July’s inaugural call order below — or call/text Bob Coleman at (818) 974-8934. Pricing is $1295 for an Annual, Unlimited Site License!
Initial Topics Include:
● Effective Dates for Data Collection
● Compliance Dates for Data Reporting
● Affected Lending Institutions
● Small Business Loan Definitions
● Small Business Loans Data Collection
● Data points
● Reportable Actions
● Firewalls
● Recordkeeping Requirements
● Safe Harbors
About Coleman Lending Niche Updates:
Coleman delivers niche lending industry information that gives you a direct line to unparalleled government guaranteed lending knowledge with decades of frontline expertise.
This isn’t repackaged information found elsewhere – it’s truly insider access reserved for you and a select few. As a subscriber, you join an elite circle gaining competitive intelligence to streamline operations, mitigate risk, and maximize profitability.
Here’s a sneak peek at what you can expect:
• Expert Analysis: We provide in-depth analysis and actionable insights to help you navigate the ever-evolving landscape with confidence.
• Industry Trends: Stay ahead of the curve by being the first to know about emerging trends, innovative lending models, and disruptive technologies shaping the future of Government Guaranteed lending.
• Data: Exclusive monthly data reports.
• Case Studies: Learn from the successes and failures of your peers through detailed case studies that offer valuable lessons and best practices.
Coleman is the leading independent source of information for Government Guaranteed lenders.
Subscribe to the newsletter today and unlock a wealth of exclusive information that will empower you to make more informed decisions, mitigate risks, and seize opportunities before your competitors even know they exist.
Inaugural pricing is $1295. You receive an annual, unlimited email distribution license for your institution. Anyone with your institution’s email domain can receive a copy of the update and participate in the zoom call at no additional charge.