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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 G - Financing of Small Businesses by Licensees |
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Structuring Licensee'S Financing of an Eligible Small Business: Terms and Conditions of Financing |
§ 107.845 - Maximum rate of amortization on Loans and Debt Securities.
Latest version.
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§ 107.845 Maximum rate of amortization on Loans and Debt Securities.
The principal of any Loan (or the loan portion of any Debt Security) with a term of one year or less cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.
[69 FR 8098, Feb. 23, 2004]