This is a debatable point, I think it depends upon whether the account is a business account or a personal account.
If it is a business account, ie: Gerald Jones T/A Hot Tamales, it falls outside of GLB.
If it is a personal account then despite the fact that the loan is for business purposes it is regulated under GLB and disclosure is required.
Unless it causes a huge problem I would be tempted to err on the side of caution and disclose anyway.
I hate to be depressing but I fear it is only a matter of time until GLB or its equivilent will come to business accounts in any event.
Matthew Read