When the Main Street Lending Program (MSLP) launched in 2020, it served as a vital bridge for businesses navigating pandemic uncertainty. Today, that bridge is ending—and what lies ahead is a rigid, highly structured process with little room for interpretation.
More than $5.2 billion in MSLP loans remain unresolved. Borrowers are approaching maturity deadlines without clear exit plans. And in many cases, legal and financial advisors are now tasked with guiding clients through a process controlled entirely by the Federal Reserve—not traditional lenders.
What Makes MSLP Resolutions So Complex?
Unlike conventional commercial loans, MSLP debt cannot be renegotiated with the originating bank. All settlement terms must be approved by the Federal Reserve Bank. That means:
- No extensions
- No direct lender negotiations
- No informal solutions
Even the most well-intentioned strategies can fail if they aren’t aligned with the Fed’s administrative standards. Timing, documentation, and legal framing must be precise—and that’s not always intuitive, even for experienced professionals.
The Legal Risk Is Real—So Is the Opportunity
Attorneys representing borrowers may be their client’s first line of defense—but without access to the Fed’s internal framework, legal teams can struggle to execute compliant resolutions. The cost of delay or misstep? Rejected terms, prolonged exposure, and potential litigation.
On the flip side, navigating the MSLP process correctly opens doors to powerful outcomes, including:
- Discounted loan purchases through strategic buyers
- Deferred payment terms within compliance boundaries
- Reduced guarantor liability and operational stability
- Enhanced alignment with court and regulatory expectations
How Resolute Supports the Process
Resolute has managed more than $7 billion in assets—including resolving $100 million in distressed MSLP principal—and supported over 500 complex engagements across the country. Our MSLP expertise is unmatched—and we work directly with legal counsel, not around them.
We’ve helped resolve MSLP obligations for companies across multiple sectors, including:
- A commercial bakery with a $32M loan, restructured and sold post-plan implementation
- An internet provider, where we reduced guarantor liability and aligned all parties
- An HVAC servicer that avoided litigation by unlocking liquidity and proposing a compliant, mutual solution
Each of these cases required strict adherence to federal expectations. Each one was executed with precision.
We Don’t Guess. We Guide.
If your clients are approaching MSLP maturity with no clear strategy in place, the time to act is now.
Resolute offers legal teams:
- Direct access to MSLP administrative insight
- A fast, structured approach built on experience
- Clear communication and support every step of the way
Let’s develop a resolution that protects your client’s interests—and positions you as their strongest advocate.
📞 Contact:
Eric Anderes | (480) 947-3262 | eanderes@resolutecommercial.com
Kevin Kolbus | (480) 712-9740 | kkolbus@resolutecommercial.com