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United States · Bill · S

S. 3235 (117th)

Small Business Lending Disclosure Act of 2021

referredUnited States· United States Congress· EN

Introduced

18 November 2021

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Small Business Lending Disclosure Act of 2021 This bill applies specified commercial lending protections to small business lending and extends the Consumer Financial Protection Bureau's regulatory authority regarding consumer financial products and services to include small business financing. Among other requirements, lenders offering financial products to small businesses must disclose the terms of the financing upon extending an offer and are prohibited from charging certain additional fees on a refinanced or modified loan.

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Documents

3 official files

Introduced in Senate (text)

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