CFPB Proposes Rules on Small Business Lending Data Collection

Detected February 11th, 2026

Summary

The Consumer Financial Protection Bureau (CFPB) has issued a Notice of Proposed Rulemaking (NPRM) regarding small business lending data collection under the Equal Credit Opportunity Act (Regulation B). The CFPB is seeking public comment on potential changes to transaction coverage, financial institution scope, small business definitions, data points, and compliance dates.

View original document View source feed page

What changed

The CFPB is proposing amendments to Regulation B concerning small business lending data collection, seeking public comment on several key areas. These include reconsidering the scope of covered transactions and financial institutions, refining the definition of a small business, determining which data points should be collected and how, and establishing a compliance date. This action signals a potential shift in data reporting requirements for entities involved in small business lending.

Regulated entities, particularly financial institutions that offer credit to small businesses, should review the proposed changes and consider submitting comments. The CFPB is inviting input from all interested parties, including those who are not legal experts. While specific deadlines for comment submission are not detailed in this general notice, entities should monitor the Federal Register for the official NPRM and associated comment periods. Failure to comply with future regulations could result in supervisory actions or other enforcement measures.

What to do next

Monitor the Federal Register for the official Notice of Proposed Rulemaking (NPRM) on small business lending data collection.
Review proposed changes to Regulation B regarding transaction coverage, financial institution scope, small business definition, data points, and compliance dates.
Prepare to submit comments to the CFPB during the designated public comment period.

Source document (simplified)

Notice and opportunities to comment

The CFPB requests public comment on a wide variety of topics to inform our work. These requests can include: proposed rules, requests for information, and Paperwork Reduction Act notices that give the public an opportunity to comment on potential information collections.

All these notices will be published in the Federal Register. You can submit comments online at Regulations.gov, by email, by mail, and by hand delivery/courier. For details, click on the link for the notice on which you’d like to comment. You don’t have to be an expert or a lawyer to give comments. We invite all individuals to share their views.

You can also access notices with comment periods that have already closed and read comments posted to Regulations.gov.

Learn more about commenting on notices.

Recently posted notices

Proposed rule Published

NOV 13, 2025

Small Business Lending Data Collection under the Equal Credit Opportunity Act (Regulation B)

CFPB is reconsidering coverage of certain transactions and financial institutions, small business definition, inclusion of certain data points and manner of collection, and compliance date.
- Access to credit
- Business loans
- Data
- Discrimination
- Equal Credit Opportunity Act
- Fair lending
- Redlining
- Regulation B
- Rulemaking

Proposed rule Published

NOV 13, 2025

Equal Credit Opportunity Act (Regulation B)

CFPB issues Notice of Proposed Rulemaking (NPRM) for Regulation B (ECOA). The NPRM would amend provisions related to disparate impact, discouragement, and special purpose credit programs.
- Access to credit
- Discrimination
- Equal Credit Opportunity Act
- Fair lending
- Redlining
- Regulation B
- Rulemaking

Proposed rule Published

AUG 26, 2025

Legal Standard Applicable to Supervisory Designation Proceedings

The CFPB is proposing to adopt a standard definition of “risks to consumers with regard to the offering or provision of consumer financial products or services.”
- Rulemaking
- Supervision

Advance notice of proposed rulemaking Published

AUG 21, 2025

Personal Financial Data Rights Reconsideration

Advance Notice of Proposed Rulemaking to inform reconsideration of open-banking issues in the Personal Financial Data Rights Rule (PFDR Rule) implementing section 1033.
- Banking
- Innovation
- Rulemaking