trending Market Intelligence /marketintelligence/en/news-insights/trending/BKrc96gl6eHNfhRuu6DQ1Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

New association of small lenders works on model disclosure for loan pricing comparisons

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


New association of small lenders works on model disclosure for loan pricing comparisons

On DeckCapital Inc., Kabbage and CAN Capital have formed the InnovativeLending Platform Association to promote small business online lendingeducation, advocacy and best practices.

In partnership with microbusiness advocate Association forEnterprise Opportunity, the group will work on creating a model small businesslending disclosure called the Straightforward Metrics Around Rate and TotalCost Box, or SMART Box. The model disclosure will allow small businesses tocompare pricing of loans using a standardized chart.

The group will solicit feedback on the SMART Box initiativefrom lenders, trade associations, policymakers and nonprofit organizationsstarting in June.