Apply for Main Street Lending Program Loans
The Main Street Lending Program (MSLP) will help mid-size companies in America receive funds to maintain operations and keep workers employed. If you are seeking more than $1 million in financing, learn how UT Financial Services LLC 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. Let UT Financial Services LLC help you get the money to keep your doors open and employees paid during this uncertain time.
Loan Benefits
$1 million to $200 million
Capped at 4x EBITDA. Some might qualify for up to $200MM with 6x EBITDA cap.
0 - 10,000 Employees
Designed for small and mid-sized companies with revenue less than $2.5 billion.
P & I Deferred for 12 months
Principal and interest payments are deferred for the first year.
Loan term variability
It is expected that different banks will vary in how aggressive terms will be for amortization, covenant levels, etc.
UT FINANCIAL SERVICES CAN HELP YOU APPLY
UT Financial Services LLC’s platform uses data-driven algorithms, direct access to variety of trusted lenders, and loan experts to increase the certainty of funding. If your company has positive EBITDA, UT Financial Services LLC can help ensure you receive the COVID-19 funds that your company is promised under the CARES Act.
Access Large Network of Lenders
We can help you submit the application to lenders who specifically offer the MSLP loans as well as additional loan options that may be available in conjunction with the Main Street Loan Facility.
Capital Markets Team & Expert Guidance
Have a team of loan experts review your loan application, craft a deal narrative, and expedite loan closing. Cerebro’s team ensures you are receiving the highest loan amount quickly.
Workflow Software & Data Rooms
Software tools help you organize application requirements, diligence lists, and lender Q&A. Online access provides visibility on lender’s status to funding.
Apply for Main Street Lending Program Loans
The Main Street Lending Program (MSLP) will help mid-size companies in America receive funds to maintain operations and keep workers employed. If you are seeking more than $1 million in financing, learn how UT Financial Services LLC can help you to apply.