Main Menu

Federal Reserve lowers bar for access to small-business lending programme


Federal Reserve lowers bar for access to small-business
The Federal Reserve has lowered the bar for small businesses and charities to access central bank loans as they struggle through the economic downturn triggered by the pandemic. In a statement on Friday, the Fed said it would reduce the minimum loan size from $250,000 to $100,000 for the Main Street Lending Program , a $600bn scheme launched …


Federal Reserve lowers bar for access to small-business
The Federal Reserve has lowered the bar for small businesses and charities to access central bank loans as they struggle through the economic downturn triggered by the pandemic. In a statement on Friday, the Fed said it would reduce the minimum loan size from $250,000 to $100,000 for the Main Street Lending Program, a $600bn scheme launched …


Federal Reserve lowers Main Street Lending Program …
The Federal Reserve has once again altered the terms of its $600 billion Main Street Lending Program to reach more small businesses. The minimum loan size for both for-profit businesses and …


Federal Reserve lowers bar for access to small-business
We use cookies (opens in new window) for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.


Federal Reserve expands Main Street program to smaller …
The Federal Reserve will reduce the minimum loan level in a small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistance …


Fed lowers Main Street loan threshold in bid to boost …
WASHINGTON — The Federal Reserve is lowering the minimum loan size for its middle-market business rescue program by more than half to make the program more available to smaller businesses. The central bank said Friday that small businesses seeking credit from the Main Street Lending Program can access loans as small as $100,000, down from the …


Fed Cuts Main Street Loan Minimum by 60%, Widening …
The Federal Reserve sharply reduced the minimum loan size in its Main Street Lending Program, potentially opening the emergency facilities to more U.S. businesses at a time when Congress remains …


Subscribe to the FT to read: Financial Times Federal
Subscribe to the FT to read: Financial Times Federal Reserve lowers bar for access to small-business lending programme Be a global citizen. Become an FT Subscriber.


Fed lowers Main Street loan threshold in bid to boost …
WASHINGTON — The Federal Reserve is lowering the minimum loan size for its middle-market business rescue program by more than half to make the program more available to smaller businesses. The central bank said Friday that small businesses seeking credit from the Main Street Lending Program can access loans as small as $100,000, down from …


The Fed’s Main Street Lending Program Changes Its Terms …
The Federal Reserve is finally listening to small-business owners. On Friday, the central bank announced a number of tweaks to its Main Street Lending Program aimed at widening the eligibility …
Autel car diagnostic






Comments are Closed