Strictly Business: An FTC Forum on Small Business Financing

Strictly Business: An FTC Forum on Small Business Financing

Constitution Center 400 7th St SW, Washington, DC 20024 | Directions & Nearby

Event Description

The Federal Trade Commission hosted a forum on small business financing on May 8, 2019, to examine trends and consumer protection issues in this marketplace, including the recent proliferation of online loans and alternative financing products.

Small businesses are an integral part of the U.S. economy, and they often need financing in order to operate and grow. While some business owners can secure loans from banks or other traditional lenders, many businesses must turn to alternative sources for capital. In recent years, the online marketplace for small business financing has offered a wide variety of products, including term loans, lines of credit, and cash advances. Though some options may provide unique benefits, such as quicker access to capital, some of these products also raise consumer protection concerns, like high costs and potentially unclear terms. The forum gathered a variety of stakeholders to examine this industry, including the different types of products available to small businesses, the benefits of these products, and possible consumer protection concerns.

The forum, was free and open to the public and was held at the Constitution Center, 400 7th St., SW, Washington, D.C. It was webcast live on the FTC’s website.

Event Details

FTC Privacy Policy

Under the Freedom of Information Act (“FOIA”) or other laws, we may be required to disclose to outside organizations the information you provide when you pre-register. The Commission will consider all timely and responsive public comments, whether filed in paper or electronic form, and as a matter of discretion, we make every effort to remove home contact information for individuals from the public comments before posting them on the FTC website.

The FTC Act and other laws we administer permit the collection of your pre-registration contact information and the comments you file to consider and use in this proceeding as appropriate. For additional information, including routine uses permitted by the Privacy Act, see the Commission’s comprehensive Privacy Policy.

This event is open to the public and may be photographed, videotaped, webcast, or otherwise recorded. By participating in this event, you are agreeing that your image — and anything you say or submit — may be posted indefinitely at ftc.gov or on one of the Commission's publicly available social media sites.