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Sen. Menendez, Rep. Velázquez Introduce Bicameral Bill to Stop Predatory Small Business Financing

Press Release

Date: June 15, 2023
Location: Washington, D.C.
Issues: Finance and Banking Economy and Fiscal

"Predatory lenders often attempt to prey on small businesses in need, which is why we must have greater transparency around their lending practices and the loans they make available to small business borrowers. We must create an economy where hard-working Americans and small businesses can thrive. I am proud to be leading this legislation with Congresswoman Velázquez to help protect the more than 950,000 small businesses that call New Jersey home and the millions more that are the backbone of our nation's economy."


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