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The ABA and ICBA have praised Congress’ decision to nullify the rule
Very few organizations have been successful in growing their relationships with this audience
The industry group said the expansion of the SBA 7(a) loan program would harm borrowers
Survey also found improved digital tools have helped banks’ services for small businesses
The rule requires banks to collect and report data on credit applicants
The United States has more banks than most of the rest of the world combined
50% of small businesses believe cash flow management tool consolidation positively impacts profitability
Banks are potentially more cautious to give out loans after the collapse of Silicon Valley Bank and Signature Bank
The market has experienced a steady decline for banks over the past two years
Viewed as a critical component of the roadmap to driving economic mobility and financial access for those most in need
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