With the end of the Paycheck Protection Program, many small businesses are scrambling to find the funding they require for recovery and growth post-pandemic. Loans are available from the SBA, regional/community banks, online lenders, and nonprofit lenders. If you are looking for funding to help support your small business it is important that you select a lender with responsible lending practices. Before making that choice, we recommend that you visit the Responsible Business Lending Coalition’s Small Business Borrowers’ Bill of Rights. It is important that you understand your rights as a borrower.

“ The Small Business Borrowers’ Bill of Rights is a product of the Responsible Business Lending Coalition, a network of non profit and for-profit lenders, investors, and small business advocates that share a commitment to innovation in small business lending and serious concerns about the rise of irresponsible small business lending. In 2015, the coalition created the first cross-sector consensus on the rights that small business owners deserve and what financing providers, brokers and lead generators can do to uphold those rights. Since the creation of the Small Business Borrowers' Bill of Rights, nearly 60 small business lenders, brokers and lead generators have committed to uphold these rights, and nearly 50 advocacy and support organizations have endorsed them.”