June 8, 2020
After two rounds of term sheets, the addition of a third facility, two rounds of FAQs, and a slate of lengthy agreements and forms required for participation, businesses interested in participating in the Federal Reserve’s Main Street Lending Program (the “MSLP”) may have trouble figuring out where to start in deciding how (or whether) to utilize this program.
We at Polsinelli hope this guide will help borrowers in their analysis and decision process around this complex program. In this guide we provide a high-level summary of the MSLP terms and a roadmap and issues list to guide potential borrowers considering participation in the program.
View the full update