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U.S. banks seek term changes as Fed finalizes Main Street Lending Program

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Home Blogs > Business
Apr 18 '20 | By oiam2companyadmin | Views: 61 | Comments: 0

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U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and medium-sized businesses, including reducing minimum loan sizes and allowing more flexibility on underlying reference rates, industry groups said.
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Source: https://www.reuters.com/article/us-health-coronavirus-stimulus-banks/u-s-banks-seek-term-changes-as-fed-finalizes-main-street-lending-program-idUSKBN2200UN?feedType=RSS&feedName=businessNews

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