Whether you’re starting a business or trying to grow one, there’s one thing you need to take it to the next level: capital. Entrepreneurs look to traditional lenders, of course, but they’re also turning to the online marketplace to find small business financing. What types of products are available? What are the benefits and the consumer protection considerations? On May 8, 2019, the FTC will host Strictly Business: An FTC Forum on Small Business Financing to help frame those issues. The agenda for the half-day event was just announced.
Registration on May 8th begins at 7:45 a.m. and Commissioner Chopra will lead off the discussion with opening remarks at 8:30. Panel #1 will offer an overview of the small business financing marketplace with a focus on where companies are going for financing. Panel #2 will feature a case study on merchant cash advances and the unique consumer protection issues those products raise. Panel #3 will take a broader look at the consumer protection risks and the path ahead. Bureau of Consumer Protection Director Andrew Smith will present closing remarks at 12:30.
Strictly Business will convene at the FTC’s Constitution Center conference facility located at 400 7th Street, S.W., Washington, DC, steps from the L’Enfant Plaza Metro Station. The May 8th event is free and open to the public – and we’ll webcast it live. (To watch it from your device, subscribe to the Business Blog and follow the link we’ll post that morning.)