The push for transparency in small business loans

Small businesses often turn to non-bank lenders to borrow money, but hidden terms mean those businesses often have to pay back more than what they borrowed in the first place.

An advocate for a bill to require APR transparency on small business loans from lenders joins the program today as well as an Illinois business owner, who became a victim of this practice. The business owner asked to remain anonymous, because of the harm she experienced.

GUESTS

Brent Adams 
Senior Vice President of Policy and Advocacy, Woodstock Institute

Business owner