Less than two weeks after releasing additional details and Frequently Asked Questions surrounding the $600 billion Main Street Lending Program (MSLP), on June 8, 2020 the Board of Governors of the Federal Reserve (Federal...more
6/11/2020
/ Board of Governors ,
CARES Act ,
Coronavirus/COVID-19 ,
EBITDA ,
Federal Reserve ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Private Equity ,
Risk Retention ,
Small Business Loans ,
Term Sheets ,
Venture Capital
On May 27, 2020, the Federal Reserve Board, through the Federal Reserve Bank of Boston, released additional details for lenders and borrowers interested in participating in the $600 billion Main Street Lending Program (MSLP)....more
6/3/2020
/ Borrowers ,
CARES Act ,
Certification Requirements ,
EBITDA ,
Eligibility ,
Lenders ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Paycheck Protection Program (PPP) ,
Popular ,
Reporting Requirements ,
Small Business Loans
On April 30, 2020, the Board of Governors of the Federal Reserve (Federal Reserve) announced revised terms for its $600 billion Main Street Lending Program. These include a third financing facility titled the Main Street...more
Key Takeaways:
- A number of concerns about the Federal Reserve’s Main Street Lending Program have been raised by market participants, including:
- lack of flexibility to negotiate tailored loan terms
-...more