George Eichelberger ([email protected])

Four Things to Know About the CFPB’s Final Rule Revising Small Business Lending Data Collection Under Regulation B

The CFPB’s May 2026 final rule revises the Section 1071 small business lending data collection framework under Regulation B by significantly narrowing the scope of institutions, borrowers, transactions, and data points subject to reporting requirements. The rule raises reporting thresholds, excludes certain categories of lending such as merchant cash advance