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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter XLII - Rural Business-Cooperative Service and Rural Utilities Service, Department of Agriculture |
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Part 4290 - Rural Business Investment Company (“RBIC”) Program |
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Subpart I - Financing of Enterprises by RBICs |
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Structuring Rbic Financing of Eligible Enterprises - Types of Financings |
§ 4290.835 - Exceptions to minimum term of Financing.
Latest version.
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§ 4290.835 Exceptions to minimum term of Financing.
You may make a Financing with a term of less than one year but only if such Financing is in contemplation of another Financing, with a term of one year or more, to the same Enterprise.