Responsible Business Lending Coalition submits amicus brief urging court to uphold state's small business financing disclosure requirements
On September 27, Small Business Majority joined the Responsible Business Lending Coalition in filing an amicus brief, alongside Public Counsel, U.C. Berkeley Center for Consumer Law & Economic Justice, California Association for Microenterprise Opportunity, and the Office of Kat Taylor, before the Central District of California in support of a California Department of Financial Protection and Innovation (DFPI) regulation requiring sales-based financing providers to disclosure their APRs and other costs to small business borrowers.