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What the Government Stimulus Package Means for Your Business: Understanding the Main Street Lending Program (Members Session)
May 4, 2020 @ 1:00 pm - 2:00 pm EDT
Ami Kassar is following the money curve for you! We know that as a business owner and entrepreneur, you are concerned about the impact of the Coronavirus on your cash flow. MultiFunding is here to help! The hope is that the variety of government-backed loans will offer the relief that small-mid-sized businesses need to survive, and the Main Street Lending program appears to be offering a lifeline to mid-size companies who were profitable in 2019.
The Main Street Lending Program is expected to get at least $600 billion in federal funding at the outset. It is also anticipated that loans under the program could come with “bargain basement” interest rates of 2.5 percent to 4.5 percent and have a four-year repayment window.
Join us for this intimate and interactive session to discuss:
- Eligibility
- New Loan Facility
- Expanded Loan Facility
- Some Comparative Examples
- How MultiFunding Can Help
