During and post the financial crisis in 2008-9, Belstar Group, an affiliate of EMP Belstar, was approved under the Federal Reserve’s Term Asset-Backed Loan Facility Program (TALF), a program offering term non-recourse financing of certain asset classes to help provide liquidity and unfreeze the U.S. economy. The investments made by Belstar Group represented 4% of the entire $77 billion TALF program.
Jump-starting the world’s largest economy.