In addition, the Government is guaranteeing 80 per cent of each loan under the expanded scheme (up from 50 per cent). Support has also been provided by the private sector. Landlords allowed for more flexible rent arrangements and banks offered to defer loan payments.
For example, more than three-fourths of the companies that received funds from the Troubled Asset Relief Program (TARP) capital purchase program were, in fact, community banks. In addition, the Debt Guarantee Program put in place by the FDIC under the TLGP has also been available to community banks, helping to support market confidence.