Small Business Lending Fund Update
|OnDemand Webinar||$249||Add to Cart|
The Small Business Lending Fund is a $30 billion fund that was created as part of the Small Business Jobs Act. The Fund is intended to encourage lending to small businesses by community banks with total assets of less than $10 billion. This OnDemand Webinar will provide an overview of the Small Business Lending Fund, including eligibility criteria, how the fund works, and the accounting implications. The program will also address the pros and cons of refinancing TARP preferred stock with funds from the Small Business Lending Fund.
AuthorsJohn D. Keyser, McGladrey & Pullen, LLP
Overview of the Small Business Lending Fund
• Types of Approval
• Refinancing TARP
How the Fund Works
• What Counts as Qualified Small Business Lending?
• How Lending Affects Dividend Rates
• Supplemental Reports
Accounting Implications of Participation
• Equity Versus Liability Treatment
• Impact of Volatility in the Dividend Rate
• Implications When Used to Fund TARP Repayment