June 15, 2020 / 1:49 PM / 23 days ago

Fed's Main Street lending program now open for lender registration

NEW YORK, June 15 (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 here (Reporting by Jonnelle Marte Editing by Chizu Nomiyama)

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