Restrictions on third-party debt of Early Stage SBICs.

CFR · 2024-01-01 · US · Title 13

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.

official document · source cfr-2024 · id 13:§ 107.565