In this episode of The Lending Brief (sponsored by Allocore), the GovNavigators talk with Anthony Curcio, Senior Partner at Summit Consulting and longtime federal credit expert, about the fundamentals of government lending.
Curcio explains why federal loan programs exist in the first place, how they differ from private-sector financing, and the two distinct sides of federal credit: large consumer programs like student loans and mortgages, and project-based lending for infrastructure, manufacturing, and industrial policy.
The discussion covers the practical challenges agencies face and the central tension of federal lending: advancing public policy while still operating like a disciplined, repayable loan program.
For anyone looking to understand the strategy, mechanics, and future of federal credit, this conversation is a clear and candid guide.
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