Financings in the form of guarantees.

CFR · 2024-01-01 · US · Title 13

At the request of a Small Business or where necessary to protect your existing investment, you may guarantee the monetary obligation of a Small Business to any non-Associate creditor. (a) You may not issue a guaranty if: (1) You would become subject to State regulation as an insurance, guaranty or surety business; (2) The amount of the guaranty plus any direct Financings to the Small Business exceed the overline limitations of § 107.740, except that a pledge of the Equity Securities of the issuer or a subordination of your lien or creditor position does not count toward your overline; or (3) The total financing cost to the Small Business exceeds the cost of money limits of § 107.855. (b)

official document · source cfr-2024 · id 13:§ 107.820