Congressional Testimony by SBIA Member Vince Foster re: Main Street Lending Program
Submitted Statement of Vincent D. Foster
Executive Chairman, Main Street Capital Corporation
Before the Congressional Oversight Commission
August 7, 2020
Members of the Commission:
Thank you for inviting me today to testify on the state of the Federal Reserve’s Main Street Lending Program. I’m Vince Foster, Executive Chairman of Main Street Capital. Main Street Capital is an active member of the Small Business Investor Alliance in Washington. We provide “one-stop” capital solutions for lower middle market companies seeking to grow or transition ownership. Similar to other non-bank lenders in our space, we offer entrepreneurs, business owners, management and employees a number of advantages to help each business realize its full potential.