The Federal Reserve’s pandemic-era Main Street Lending Program reportedly had $1.23 billion in interest and principal payments in default as of Oct. 31. The program...
Billions of dollars in dry powder for Main Street SMB lending – and relatively few takers. But the cash crunch continues. To that end, the...
It will now be a lot easier for schools, hospitals and social service organizations to access funds using the Main Street Lending Program. The initiative,...
More than three months ago, the U.S. Department of the Treasury and the Federal Reserve gave hope to small- to medium-sized businesses (SMBs) with the...
The Federal Reserve Bank of Boston issued a state-by-state listing of lenders accepting applications from new business customers for the Main Street Lending Program on Wednesday...
A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...
Answering the call to provide more help for small- and medium- sized businesses (SMBs), the Federal Reserve Board has made adjustments to its Main Street...