PayNet: Lending Rebound Continues, Main Street Remains at Risk

The PayNet Small Business Lending Index continued to bounce back in July after bottoming out in April, but the PayNet Small Business Delinquency Index 31–90 Days Past Due remains 55 basis points above its year-ago level. read more

SEP 9, 2020 - 7:32 am

Fed Improves Main Street Lending Program Terms to Support Employment

The Wall Street Journal reported that the Federal Reserve has made several adjustments to the Main Street Lending Program to attract more SMEs. read more

JUN 9, 2020 - 7:00 am

Fed Expands Access to Paycheck Protection, Main Street Lending Programs

The Federal Reserve expanded access to its Paycheck Protection Program Liquidity Facility to additional lenders and expanded the collateral that can be pledged. The Fed also broadened the scope and eligibility for the Main Street Lending Program. read more

MAY 1, 2020 - 7:00 am