Management fees for services provided to a Small Business by Licensee or its Associate.

CFR · 2024-01-01 · US · Title 13

This § 107.900 applies to management services that you or your Associate provide to a Small Business during the term of a Financing or prior to Financing. It does not apply to management services that you or your Associate provide to a Small Business that you do not finance. Fees permitted under this section are not included in the Cost of Money (see § 107.855). (a) (1) You or your Associate have entered into a written contract with the Small Business; (2) The fees charged are for services actually performed; (3) Services are provided on an hourly fee, project fee, or other reasonable basis; and (4) You can demonstrate to SBA, upon request, that the rate does not exceed the prevailing rate charged for comparable services by other organizations in the geographic area of the Small Business. (b) (c) (d) (e) (2) Your Associate may charge market rate investment banking fees to a Small Business on that portion of a Financing that you do not provide.

official document · source cfr-2024 · id 13:§ 107.900