Click here to view a recording of the webinar.

Click here to view slides from the webinar.

Nelson Mullins attorneys held a discussion on Tuesday, April 21 at 11 a.m. on all aspects of the new Main Street Lending Program — a $600 billion program designed to provide COVID-19 relief capital for mid-sized businesses. Attorneys addressed the structure of these four-year loans to businesses employing up to 10,000 employees or with revenues of less than $2.5 billion. During the webinar, attendees learned about both of the new programs — the Main Street New Loan Facility and the Main Street Expanded Loan Facility. This discussion was designed for both prospective borrowers and the financial institutions that will be issuing the loans. During the webinar, we will cover: (i) the basic regulatory framework for the program, (ii) eligibility restrictions — and certain key industries that may be excluded, (iii) the application process, and (iv) lender implementation logistics.

Upcoming Webinars in the Series: “In the Trenches: Operational Compliance during the Crisis"

Each webinar in the series consists of experienced Nelson Mullins attorneys speaking for 50 minutes on that day’s topic relating to the financial industry climate during the COVID-19 crisis. After the conclusion of their presentation, the attorneys will stay on for an additional anonymous 10 minutes of Q&A with attendees on that day’s topic.

Following the initial presentation, the attorneys will open the floor up for 30 minutes for the "In the Trenches Help Line" in which attendees can obtain assistance with any compliance related topic that they may be facing.

Save the dates for upcoming topics. All will be held at 11 a.m. EDT

• April 28: Special Asset and Default Management 
• April 30: Cybersecurity Risks in the Wake of the COVID-19 Crisis