Subpart C. Subpart C—Qualifying for an SBIC License

• Organizing an SBIC

  • SECTION § 107.100 - Organizing a Section 301(c) Licensee.
  • SECTION § 107.115 - 1940 Act and 1980 Act Companies.
  • SECTION § 107.120 - Special rules for a Section 301(d) Licensee owned by another Licensee.
  • SECTION § 107.130 - Requirement for qualified management.
  • SECTION § 107.140 - SBA approval of initial Management Expenses.
  • SECTION § 107.150 - Management-ownership diversification requirement.
  • SECTION § 107.160 - Special rules for Licensees formed as limited partnerships.

• Capitalizing an SBIC

  • SECTION § 107.200 - Adequate capital for Licensees.
  • SECTION § 107.210 - Minimum capital requirements for Licensees.
  • SECTION § 107.230 - Permitted sources of Private Capital for Licensees.
  • SECTION § 107.240 - Limitations on including non-cash capital contributions in Private Capital.
  • SECTION § 107.250 - Exclusion of stock options issued by Licensee from Management Expenses.

• Applying for an SBIC License

  • SECTION § 107.300 - License application form and fee.
  • SECTION § 107.305 - Evaluation of license applicants.
  • SECTION § 107.310 - When and how to apply for licensing as an Early Stage SBIC.
  • SECTION § 107.320 - Leverage portfolio diversification.