Apply for Main Street Lending Program Loans
The Main Street Lending Program will help mid-size companies in America receive funds to maintain operations and keep workers employed. If you are seeking more than $2 million in financing and have at least $1 million in 2019 EBITDA, learn how Cerebro Capital can help you to apply.
Main Street Lending Program
On Friday March 27, 2020 the President signed into law The Coronavirus Aid, Relief, and Economic Security (CARES) Act. Provisions under the legislation allocated $600 billion to help medium-sized businesses maintain operations and keep workers employed amid the pandemic and economic downturn. This program provides regulated banks a funding facility to extend unsecured loans that are not federally guaranteed, but instead are sold to the Federal Reserve via a 95% participation. The MSLP closes January 8th, 2021.
Cerebro Can Help You Apply
Cerebro Capital’s platform uses data-driven algorithms, direct access to over 650 lenders, and loan experts to increase the certainty of funding. If your company has positive EBITDA, Cerebro can help ensure you receive the COVID-19 funds that your company is promised under the CARES Act.
Learn more about available loan programs.
Savvy CFOs will run a competitive RFP process for their MSLP loans in order to have the highest probability of getting access. The current program is limited and it is expected that not all eligible companies will receive funding. Learn how Cerebro can help you apply.