On April 30, the Federal Reserve released additional guidance on the expanding scope and eligibility for Main Street Lending Program. Much to the credit of firms that submitted comments to the Federal Reserve, the Main Street Lending Program is now eligible for those firms with $5 billion in annual ... READ MORE >
Main Street Lending Program
What lenders know about the Main Street Lending Program, and the questions that remain
On April 9, the Federal Reserve announced the Main Street Lending Program, the latest in a series of liquidity commitments to bolster the economy during the coronavirus pandemic, particularly for small and medium-size businesses The program is backstopped by $75 billion in equity investment that will ... READ MORE >