The Federal Reserve on Monday put forward another in a series of lending facilities intended to fortify the economy as it absorbs three large shocks that are cascading across the U.S. economic landscape. In our estimation, this move represents a de facto rescue of the Paycheck Protection Program, the ... READ MORE >
Paycheck Protection Program
How family offices and their portfolio companies might qualify for loans under the CARES Act
The CARES Act is a $2.2 trillion fiscal policy response to help American citizens and businesses struggling with the severe impact from the coronavirus pandemic. The law created several important programs to help provide liquidity to small and midsize businesses to cover payroll or other business ... READ MORE >
How to become a qualified lender under the Paycheck Protection Program
(Note: this article was originally published on April 1, and was most recently updated on May 5.) The federal government recently approved the CARES Act, a $2.2 trillion fiscal stimulus meant to address the economic damage of the coronavirus. Included in that package is the Paycheck Protection Program, ... READ MORE >