13 CFR 107.565 - Restrictions on third-party debt of Early Stage SBICs.

Regulations last checked for updates: Oct 17, 2024

Title 13 - Business Credit and Assistance last revised: Oct 01, 2024

View all text of Subpart E [§ 107.500 - § 107.590]

§ 107.565 - Restrictions on third-party debt of Early Stage SBICs.

If you are an Early Stage SBIC and you have outstanding Leverage or a Leverage commitment, you must get SBA's prior written approval to have, incur, or refinance any third-party debt other than accounts payable from routine business operations.

[77 FR 25052, Apr. 27, 2012]

authority: 15 U.S.C. 662,681,687b,687k

source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.

cite as: 13 CFR 107.565