The Consumerization of Small Business Lending: Significant Developments and Trends

Federal and state courts, lawmakers, and regulators are increasingly recognizing that, in contrast to large businesses, small businesses often lack the sophistication needed to operate on an equal footing with providers of commercial financing. As a result, there has been a growing body of legislative, regulatory, and enforcement activity on the federal and state levels directed at protecting small businesses from practices that are targeted by consumer protection laws.

In this webinar, we will be joined by Malini Mithal, Associate Director of the Federal Trade Commission (FTC)'s Division of Financial Practices, who will discuss the FTC’s increasing use of Section 5 of the FTC Act to protect small businesses. In addition, we will also discuss: