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The Federal Reserve Expands Access to the PPP Liquidity Facility

The Federal Reserve Expands Access to the PPP Liquidity Facility

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FintechNews RoundupUSA
··1 min read

Late yesterday the Federal Reserve announced that it was expanding access to the PPP Liquidity Facility to allow additional lenders; now all lenders that have been approved by the SBA for the PPP program can participate, including fintech lenders; the PPPLF supports the PPP by extending credit to financial institutions that make or purchase PPP loans, using the loans as collateral; while the PPPLF has been available to banks for some time it now levels the playing field as non-banks will be able to take advantage of this program and make more PPP loans. The Federal Reserve

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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