How is small business lending being affected by regulatory changes?

The Banker Next Door · Mar 25, 2026 · 18m

How are banks currently being affected by regulatory changes that have taken hold in the last few years? We focus on three specific items 1) SBA lending, 2) CFPB 1071 rule, and 3) FinCen beneficial ownership information (BOI). The SBA has made multiple changes returning to a more pre-pandemic and pre-Biden administration stance. The 1071 rule requirements being enacted by the CFPB will kick in for big banks in July 2026 and in 2027 for smaller banks. 1071 will add a higher regulatory burden on small business lending and will add further complexities to the lending process. Banks continue to…