Randi Mason Provides Insight on Demand for Main Street Lending Program for S&P Global Market Intelligence
July 10, 2020. Morrison Cohen Partner and Co-Chair of the Corporate Department Randi Mason spoke with S&P Global Market Intelligence about the demand for the Federal Reserve's Main Street Lending Program since its launch on July 6, 2020. The Main Street Lending Program is one of a number of federal programs intended to stimulate the economy in the wake of the COVID-19 pandemic.
The S&P article, "Bankers See Potential for Uptick in Fed's Main Street Loans After Slow Start," provides insights from bankers and other industry specialists on the program's potential among eligible businesses. The article also touches upon some of the restrictions that may have limited demand of the program or shut out certain businesses from eligibility altogether.
Additional information and coverage regarding the Main Street Lending Program can be found here in our latest client alert.
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