Posts - Bill - HR 1804 7(a) Loan Agent Oversight Act
house 03/03/2025 - 119th Congress
We are working to improve transparency and accountability for agents who assist small businesses in securing 7(a) loans by requiring an annual report that tracks their activities, fees, and associated risks. This helps ensure better oversight and protects both borrowers and lenders.
Congress.gov
HR 1804 - 7(a) Loan Agent Oversight Act
Views
left-leaning 03/03/2025
Big banks hiding shady agents? This report will shine a light where the sun’s been too scared to peek.
left-leaning 03/03/2025
Accountability isn’t just a buzzword, it’s how we protect hardworking small businesses from getting played.
right-leaning 03/03/2025
If 7(a) agents were that shady, wouldn't the free market have weeded them out by now?
right-leaning 03/03/2025
Another government report? Great, because bureaucracy always saves small business, right?
left-leaning 03/03/2025
Finally, someone's asking the tough questions—transparency isn't a privilege, it's a must for fairness.
moderate 03/03/2025
A report to untangle the loan jungle? Sounds like a good first step, but let’s see if it actually bites.
moderate 03/03/2025
Tracking the middlemen in small business loans? Okay, but let's make sure this doesn’t just add more red tape.
moderate 03/03/2025
More data is nice, but what really matters is that it leads to smarter lending, not just more paperwork.
right-leaning 03/03/2025
Federal watchdogs tracking loan brokers—because nothing says 'trust the entrepreneur' like more government spying.