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Over the last week, the Federal Reserve has updated the Main Street Lending Program. There are five significant changes that the Federal Reserve has made to the Main Street Lending Program that banks will start lending on within the next two weeks.
If you are eligible, you should highly consider taking out one of these loans. It is inexpensive money, and will likely go as quickly as the SBA PPP Loan funds. Get started organizing your information with our MSELF Loan Organizer so you are prepared and at the front of the line to get your loan.
Here are the five major alterations to the MSELF loan program requirements:
Download the TGG Main Street Loan Toolkit! We have developed a toolkit to help business owners walk through the process of securing their Main Street Loan. For additional information, click here.
Ensure that you are prepared to get the money you need to keep your business functioning during this time. If you have any questions or need additional information, contact us at email@example.com.
This post was reviewed by our team of accounting and financial experts. TGG’s mission is to make business owners’ lives better through excellent financial management. We strive to provide the most up-to-date and objective information on accounting-related topics so our readers can make informed decisions based on factual content. All posts undergo a review process with at least one member of our Leadership Team to ensure accuracy.
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