NEW YORK (Reuters) – The Federal Reserve said on Monday it had opened registration for lenders interested in participating in the Main Street Lending Program, which will offer loans to small and medium-sized businesses affected by the pandemic.
Lenders must register using the lender portal, which provides secure access and verification. Business borrowers must apply for Main Street loans through a participating lender. Read more here https://www.bostonfed.org/news-and-events/press-releases/2020/federal-reserves-main-street-lending-program-opens-for-lender-registration.aspx.
(Reporting by Jonnelle Marte; Editing by Chizu Nomiyama)