Main Street Lending Program Webinar
Join Stone Pigman lawyers and experts from Cardinal Capital on Thursday, June 11 at 11:00 a.m. CST for the Main Street Lending Program webinar. The Federal Reserve has announced that it is establishing a Main Street Lending Program to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. The Program will operate through three facilities: the Main Street New Loan Facility (MSNLF), the Main Street Priority Loan Facility (MSPLF), and the Main Street Expanded Loan Facility (MSELF).
This new tool, aimed at the mid-market business, provides low-interest access to capital for those organizations in need. Participating lending institutions are gearing up to administer this for qualified companies. Join Barbra Barnett and Annie McBride from Stone Pigman and Gary Anderson and Chris Reid from Cardinal Capital to learn about the recent developments for this commercial finance tool. We look forward to seeing you there.