Code of Federal Regulations · Section
§ 107.565 — Restrictions On Third-party Debt Of Early Stage Sbics
13 C.F.R. § 107.565
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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.
Authorizing Statute
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Definitions15 U.S.C. § 662