Main Street Lending Program

The Main Street Lending Program is a government initiative designed to support small and medium-sized businesses facing financial difficulties, especially during economic downturns. It provides banks with funding that can be lent to eligible companies to help preserve jobs and maintain operations. Businesses can access loans with favorable terms, such as longer repayment periods and no requirement to give up ownership. This program aims to stabilize the economy by ensuring that viable businesses can survive periods of financial stress and continue contributing to employment and growth.