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KM Financial Solutions | UPDATE 3-Fed says it will provide financing against new U.S. ‘payroll protection’ loans
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UPDATE 3-Fed says it will provide financing against new U.S. ‘payroll protection’ loans

05 Apr UPDATE 3-Fed says it will provide financing against new U.S. ‘payroll protection’ loans

Posted at 20:03h in News by
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The Federal Reserve on
Monday moved to bolster a new small-business lending program by
allowing banks to turn those loans over to the U.S. central bank
for cash, easing concerns among banks about getting stuck
holding the low interest loans.

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