Bill > HR2987

This bill, known as the CEASE Act of 2025 (Capping Excessive Awarding of SBLC Entrants Act), amends the Small Business Act to limit the number of for-profit small business lending companies (SBLCs) that can be authorized to make loans under section 7 of the Act. Specifically, the bill instructs the Small Business Administration (SBA) Administrator to ensure that no more than 16 non-nonprofit small business lending companies are permitted to operate and issue loans at any given time. This restriction aims to potentially reduce market saturation, control the number of for-profit lending entities, and potentially provide more focused support to small businesses by limiting the total number of commercial lending companies. The bill does not impose restrictions on nonprofit lending companies, allowing them to continue operating without being counted toward the 16-company limit. By capping the number of for-profit SBLCs, the legislation seeks to potentially create a more controlled and potentially more strategic small business lending environment.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/2987/all-info