News & Press Releases

13 Things Every Business Should Do Now To Prepare For Tax Day

Small Business Owners Could Save Billions Annually, Create Jobs, and Spur Economic Growth Under California’s Proposed Commercial Finance Disclosure Regulations

Implementation of this historic law could result in annual savings of $617 million to $2.9 billion for the 127,000 California small business owners who would select a lower-cost financing option when empowered with the ease to shop and compare financing options, according to analysis conducted by the RBLC in response to the DBO’s third invitation for comment, an inquiry into the economic impact of the proposed regulations.

Save the Community Reinvestment Act: a path to the American dream

Proposed CRA Reform Would Undercut Small Dollar Lending In Low-to-Moderate Income Communities

“If I’m a banker that’s just trying to meet their CRA obligation as easily as possible, and a few large activities will get to that number with less work than several small ones, I don’t need to spend time trying to understand what’s happening in a particular community,” said Eric Weaver, Founder of Opportunity Fund.

Small businesses rush to borrow online, sparking fears of high rates, costly terms

Eric Weaver on KPFA radio: Community Reinvestment Act

Opportunity Fund founder Eric Weaver was on KPFA radio discussing the Community Reinvestment Act.