Main Street Lending Program
Refinance Advisory
Clearcove helps borrowers secure competitive terms that allow their business to breathe.
In response to the economic challenges brought on by COVID-19, the Federal Reserve established the Main Street Lending Program in 2020. This MSLP was designed to be a lifeline for small and medium-sized businesses whose operations were negatively impacted by the pandemic. Now, as these loans approach their maturity, Clearcove is helping borrowers identify strategic options to refinance.
We help companies who participated in the Main Street Lending Program find a capital partner to refinance their outstanding loan balance. Having advised on some of the first MSLP originations in 2020, our team has become foremost experts on the program.
Regional Bank Portfolio Solutions
Clearcove helps banks optimize their C&I loan portfolios.
As a result of heightened regulatory scrutiny, regional banks are tightening their credit standards. Clearcove offers a full suite of credit solutions that enable banks to manage their balance sheets.
Clearcove leverages a nationwide network of banks and non-bank lenders who create liquidity for our regional bank partners through loan purchases, syndications, and outright refinances. We work tirelessly to help our bank partners reposition their non-strategic loans at par and maintain their deposits.
"Helping regional banks and lower middle market businesses thrive in turbulent waters."
Why Clearcove
At Clearcove, we believe that community & regional banks are systemically important to the health of our economy. Similarly, we hold an unwavering respect for the lower middle market businesses that drive our collective success. At Clearcove, we work diligently ensure that our partners have the tools they need to succeed.