After multiple rounds of term sheets and Frequently Asked Questions (the “FAQs”), the addition of a third facility 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. This guide includes the current available information on the MSLP as of June 10, including the Federal Reserve’s announced changes to the terms of the MSLP loans on June 8 to expand access to additional borrowers.

The team at Polsinelli hope this Guide will help Borrowers in their analysis and decision process around this complex program.  In this Guide they 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 Borrower’s Guide