in ,

Guidehouse-PwC Team to Help Manage Fed’s Main Street Lending Program; Scott McIntyre Quoted

Scott McIntyre
Scott McIntyre
Scott McIntyre
Scott McIntyre

The Federal Reserve Bank of Boston has selected a GuidehousePwC partnership to support a new program that will offer loans to small and medium-sized businesses through a participating lender.

Guidehouse said Monday it will help manage asset purchase intake, due diligence and credit processes for the Main Street Lending Program.

The Boston Fed awarded the industry team a contract after an assessment of proposers’ technical and operational abilities to perform services.

Scott McIntyre, chairman and CEO of Guidehouse and 2020 Wash100 winner, said the company will assist the Federal Reserve in its efforts to help SMBs affected by the coronavirus pandemic.

The program, which is now open for lender registration, allows qualified businesses that are facing cash flow challenges to apply for loans ranging from $250K to $300M.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Contract Awards

mm

Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

NASA, Virgin Orbit Collaborate to Create, Test 3D-Printed Combustion Chamber - top government contractors - best government contracting event
Rocket Lab to Deploy Seven Small Satellites for July Mission; Peter Beck Quoted
NASA, Virgin Orbit Collaborate to Create, Test 3D-Printed Combustion Chamber - top government contractors - best government contracting event
Intelsat Plans C-Band Spectrum Transition, Places Satellite Orders With Maxar & Northrop