Trade group for providers of commercial sales-based financing files lawsuit challenging CFPB final small business lending rule
CFPB Monitor
JANUARY 4, 2024
Revenue Based Finance Coalition (RBFC), a trade group whose members include non-banks that provide sales-based financing to businesses, filed a lawsuit last week against the CFPB in a Florida federal district court challenging the CFPB’s final small business lending rule implementing Section 1071 of Dodd-Frank. Continue Reading
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