Understanding the Main Street Lending Program

Main Street Lending

Vistage NYC was honored to have Ami Kassar, CEO of Multi-funding present this webinar helping Vistage CEOs to understand the Main Street Lending Program.

The Federal Reserve has announced that it is establishing a Main Street Lending Program to support lending to small and medium-sized businesses that were in good financial standing before the onset of the COVID-19 pandemic. Below, you can watch a 15-minute video of his webinar.

It is a lesser-known government program opening up opportunities for you.

  • Minimum loan size of $1M; Max $25M
  • $600 Billion Fund
  • Unsecured Loan
  • 4-year Maturity
  • Amortization of principal and interest deferred for one year
  • Adjustable rate of SOFR + 250-400 basis points