Fees for management services provided to a Small Business by a NMVC Company or its Associate.

CFR · 2024-01-01 · US · Title 13

(a) (b) (c) (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; (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; and (5) At least 50 percent of any management services fees paid to your Associate by a Small Business for management services provided by the Associate is allocated back to you for your benefit. (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. (f)

official document · source cfr-2024 · id 13:§ 108.900