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Big changes coming to business lending.

Federal Regulator Enacts New 888-Page Law Covering Small Business Finance This is NOT an April Fool’s joke. On Thursday, the CFPB released the final rules that govern how small business finance companies will have to collect and report data to the federal government. Such rules had been anticipated since the Dodd-Frank Act, passed in 2010, mandated that they be put in p...

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