More fed help ...

[S2007S]

More fed fun




The central bank said Monday it is lowering the initially stated minimum loan and raising the maximum that can be borrowed, plus is expanding the loan terms to five years. The program is part of the Fed’s efforts to get money to small- and medium-sized businesses hurt during the coronavirus-induced recession.




https://www.cnbc.com/2020/06/08/fed...-allow-for-both-smaller-and-bigger-loans.html

 

[Nobert]

So now, even the small/mediums, will have a chance to join the zombie club. (?)

 

[Nighthawk]

• Fed lowers minimum loan amount to $250K from $500K
• Maximum loan size rises to $300M from $200M
• Extends duration of loans to 5 years from 4 years
• Defers first payments and interest to 2 years rather than 1
• Lowers bank participation rate to 5% on all loans vs most loans
• Lenders encouraged to make main street facility loans immediately once registered for program

Hey, anyone selling their business in need for a $300M FED loan? Call 1-800-BORROW-FROM-THE-FED

 

[SimpleMeLike]

More fed fun




The central bank said Monday it is lowering the initially stated minimum loan and raising the maximum that can be borrowed, plus is expanding the loan terms to five years. The program is part of the Fed’s efforts to get money to small- and medium-sized businesses hurt during the coronavirus-induced recession.




https://www.cnbc.com/2020/06/08/fed...-allow-for-both-smaller-and-bigger-loans.html

S2007S,

Long and Strong S&P 500 Index. To the moon we go.

You not going to beat that Fed man.

It is best to join Trump and his team and make the money. Just buy the Strong S&P 500 Index. It is easy money.

You going to have to join the Feds man and leave them alone. They making the market go up so everyone making money man. Just buy the S&P 500 Index. That is what everyone is doing and its working.