CARES Act Main Street Lending Program: What You Need to Know NowPrint PDF
On April 30, 2020, the Federal Reserve Board announced revised terms for the Main Street Lending Program (MSLP or the “Program”). The MSLP is intended to ensure credit flow to eligible small and mid-sized businesses that were in good financial standing prior to the COVID-19 crisis.
After receiving feedback from the public on potential refinements, the Federal Reserve announced it is changing the scope, terms and eligibility for the MSLP.
Please join the members of Nutter’s Banking and Finance, Corporate, and Commercial and Real Estate Finance practice groups as they discuss the changes that were made to the Program and share insights on what you need to know right now about the MSLP. We will offer attendees the opportunity to present questions during the webinar, and will allocate time for responses at the end of the presentation.
- Overview of the revised Program
- Insights from the lender community
- Insights from the borrower community
Monday, May 4, 2020