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KM Financial Solutions | UPDATE 4-U.S. small business rescue program gets capital clarity as fintechs, Citi come onboard
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UPDATE 4-U.S. small business rescue program gets capital clarity as fintechs, Citi come onboard

08 Apr UPDATE 4-U.S. small business rescue program gets capital clarity as fintechs, Citi come onboard

Posted at 19:22h in News by
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The U.S. government’s $350
billion effort to help ailing small businesses took several
steps forward on Thursday as regulators confirmed banks would
not have to hold capital against loans made under the program,
and non-bank lenders were admitted to it.

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