The Federal Reserve announced the creation of a new lending program to help mid-sized businesses access capital due to disruptions caused by the coronavirus pandemic. The Fed will make up to $600 billion in loans available through the Main Street Lending Program (MSLP), which consists of two different emergency-lending facilities, the Main Street New Loan Facility (MSNLF) and the Main Street Expanded Loan Facility (MSELF).
Join Aprio on Friday, April 17th at 1:00 p.m. EST for a webinar as we unpack the central bank’s direct-lending program for mid-market companies.