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Financial Services
Ready Capital Acquires Madison One
The deal will expand Ready Capital’s presence in USDA lending through programs that support guaranteed loans for small businesses and energy projects in rural areas.
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Private equity on edge with U.S. plan to name relief recipients
Many firms pushed ahead, benefiting from the $669 billion Paycheck Protection Program run by the Small Business Administration and Treasury Department,
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Is Fed taking too long on middle-market loan relief?
The agency is being methodical in its rollout of the Main Street Lending Program in hopes of avoiding missteps that followed the launch of other coronavirus relief efforts. But observers say delaying aid brings its own risks.
May 12, 2020

Many sellers are ditching the loans to avoid the cumbersome forgiveness process. For others, the Paycheck Protection Program was never a strategic fit.

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