Rimon

Entries tagged “mslp”

Client Alert: Main Street Lending Program

insights Client Alert: Main Street Lending Program Juan Zúñiga · July 13, 2020

Updated July 10, 2020 The Main Street Lending Program (“MSLP”), created by the CARES Act and incorporated into Section 13(3) of the Federal Reserve Act, will provide a total of $600 billion in financing for small and medium-sized businesses affected by the coronavirus pandemic. Using funds allocated by the CARES Act, the Federal Reserve will…

Continue Reading…