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The Law Of Banking

Nuts and Bolts of Funding a Main Street Loan

 A Lender has two choices for funding a Main Street Loan. A Lender may fund a Main Street Loan and then seek to sell a participation interest in said Main Street Loan to the Main Street SPV.  A Lender may condition its extension of credit to […]

UPDATED: July 31 Changes to Main Street Lending FAQs

The following documents were updated by the Federal Reserve Friday, July 31st: (1) Lender Registration Certifications and Covenants; (2) Loan Participation Agreement Transaction Specific Terms; (3) Loan Participation Agreement Standard Terms and Conditions […]