1. Short title This Act may be cited as the Small Business Financing Disclosure Act of 2023 . 2. Application of the Truth in Lending to small business financing (a) In general The Truth in Lending Act ( 15 U.S.C. 1601 et seq. ) is amended by adding at the end the following: 6 Small Business Financing 191. Definitions. 192. Application of this title to small business financing. 193. Additional disclosures. 194. Restrictions on double-dipping. 195. Additional provisions. 191. Definitions In this chapter: (1) Closed-end commercial credit The term closed-end commercial credit — (A) means a closed-end extension of credit, secured or unsecured, including financing with an established principal amount and including equipment financing that does not meet the definition of a lease under the Uniform Commercial Code (U.C.C.—§ 2A–103(j)) the proceeds of which the recipient does not intend to use primarily for personal, family or household purposes