UPDATE 2-Fed eases terms of Main Street loans, says registration will begin soon
07 Jun UPDATE 2-Fed eases terms of Main Street loans, says registration will begin soon
Posted at 22:45h
in
News
by KMFSLLP
The U.S. Federal Reserve
eased the terms of its “Main Street” lending program on Monday,
cutting the minimum loan size in half to $250,000 and
lengthening the term by a year to encourage more businesses and
banks to participate.
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