Small business owners and advocates sign-on in support of California's truth-in-lending legislation

Monday, September 18, 2023

More than 80 small business owners and advocates signed on to Small Business Majority's letter to California Governor Gavin Newsom in support of passing SB 33, which preserves a cornerstone of SB 1235 by requiring APR disclosure for all commercial financing products. These protections were set to expire in 2024, but SB 33 will eliminate the sunset date and guarantee continued transparency for businesses.