With Main Street Lending programs finally about to start, how should banks approach them? Will MSLP stimulate more activity? And how should banks think about risk with these deals?
Banks have been heads down in processing PPP deals, but they need to step back and consider some big questions, like how they plan to tackle Main Street Lending, and what their risk profile looks like going forward.
We discuss the cratering middle market lending numbers and why banks need to be ready to participating in the Main Street Lending program.