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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 107 - Small Business Investment Companies |
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Subpart E - Managing the Operations of a Licensee |
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Borrowing by Licensees from Non-SBA Sources |
§ 107.565 - Restrictions on third-party debt of Early Stage SBICs.
Latest version.
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§ 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]