Since the day we launched, Market Street Funders believed marketplace principles like efficiency, competition, and transparency lead to the best deals – in any industry. We believe this so fundamentally, we made these principles the cornerstones of our business model as we sought to improve the process for small business owners searching for financing to grow their businesses.
Today we are proud to announce that we, along with the top providers in the small business lending industry, have joined the Responsible Business Lending Coalition and attest our commitment to the Small Business Borrowers’ Bill of Rights.
The Responsible Business Lending Coalition is made up of a combination of visionary lenders, brokers, and marketplaces that partner with small businesses. These firms are standing up on behalf of small business owners across America by committing to the articles of the Small Businesses Borrowers' Bill of Rights.
This new cross-industry agreement, the Small Business Borrowers’ Bill of Rights, is designed to build trust and provide guarantees for small business owners looking to grow through funding.
Contained within the agreement are a number of industry requirements, including:
- Transparency standards for pricing and lending terms
- Guarantees for non-abusive lending products
- A pledge of non-discrimination in lending
- Outlines for fair lending collection practices
Market Street Funders is just the 4th business lending broker to sign onto this historic agreement, and one of only 16 companies to join thus far.
Ensure that you’re getting the very best treatment when you look for funding to grow your business, and work with a firm who trailblazes for transparency. Efficiency, competition, and transparency – it’s what we believe in.
Looking for more information about your options for working capital? Reach out to one of our Funding Navigators today to get the conversation started.