A new paper from the Â鶹´«Ã½ Trade Commission’s Bureau of Consumer Protection provides a look at the information covered in the FTC’s “Strictly Business†forum on small business financing.
The staff perspective paper outlines a number of topics discussed by participants in the forum. It provides an overview of small business lending and the emergence of new online options available to businesses seeking financing. The paper covers both potential benefits and consumer protection concerns around these online lending options for businesses, and explores in detail consumer protection issues associated with merchant cash advances.
In addition to the staff perspective, the FTC has created to submit lending- or financing-related complaints. The agency encourages small business owners to submit complaints if they have experienced potentially unlawful conduct.
The Â鶹´«Ã½ Trade Commission works to promote competition, and protect and educate consumers. You can and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on , follow us on , read our blogs, and subscribe to press releases for the latest FTC news and resources.
Contact Information
CONTACT FOR NEWS MEDIA:
Jay Mayfield
Office of Public Affairs
202-326-2656
STAFF CONTACT:
Evan Zullow
Bureau of Consumer Protection
202-326-2914