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Truth-In-Lending Regulations & Regional Member Meetings

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In this Must Know…​

DBO Regulations Are Out for Truth-In-Lending

The California Department of Business Oversight published their draft regulation language for the truth-in-business-lending law that was passed last year with CAMEO’s advocacy and your help. 
 
The proposed regulations codify a business owner’s right to transparent pricing and terms, as outlined in the Small Business Borrowers’ Bill of Rights. Many suggestions from the comment letter sent in by CAMEO and the Responsible Business Lending Coalition were included, such as the proposal that APR or Estimated APR be disclosed for all small business financing products.
 
We look forward to working with our colleagues and DBO to strengthen the regulations even further.
 

Regional Member Meetings

We are busy this month with several regional member meetings, where we update our members on all that’s brewing at CAMEO as well as get your feedback on how we can better support you. Upcoming meetings are:

25 Reasons to Value CAMEO

As we reflect on our 25 years of work in the sector, every week we’ll be highlighting one of the 25 reasons (or more!) to value CAMEO. ​ 
 
Reason #19: CAMEO connects members with each other through networking events such as regional meetings and other annual member events like our MicroLenders Forum and Advocacy Day.
 

 

The Goodies

Professional Opportunities
 
  • CAED’s Memorial Scholarship Fund helps people receive economic development training or certifications. Scholarships are available until funding is depleted.​​

For Your Clients

New Research

Other Goodies

  • Jobs: MEDA, FHL Bank of San Francisco, and Renaissance announced new jobs recently. See who else ishiring!​​