Subpart I. Subpart I—SBA Financial Assistance for Licensees (Leverage)
General Information About Obtaining Leverage
Maximum Amount of Leverage for Which a Licensee Is Eligible
Special Rules for Leverage Issued by an Early Stage SBIC
Conditional Commitments by SBA To Reserve Leverage for a Licensee
- SECTION § 107.1200 - SBA's Leverage commitment to a Licensee—application procedure, amount, and term.
- SECTION § 107.1210 - Payment of leverage fee upon receipt of commitment.
- SECTION § 107.1220 - Requirement for Licensee to file quarterly financial statements.
- SECTION § 107.1230 - Draw-downs by Licensee under SBA's Leverage commitment.
- SECTION § 107.1240 - Funding of Licensee's draw request through sale to short-term investor.
Preferred Securities Leverage—Section 301(d) Licensees
- SECTION § 107.1400 - Dividends or partnership distributions on 4 percent Preferred Securities.
- SECTION § 107.1410 - Requirement to redeem 4 percent Preferred Securities.
- SECTION § 107.1420 - Articles requirements for 4 percent Preferred Securities.
- SECTION § 107.1430 - Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures.
- SECTION § 107.1440 - Three percent preferred stock issued before November 21, 1989.
- SECTION § 107.1450 - Optional redemption of Preferred Securities.
Participating Securities Leverage
- SECTION § 107.1500 - General description of Participating Securities.
- SECTION § 107.1505 - Liquidity requirements for Licensees issuing Participating Securities.
- SECTION § 107.1510 - How a Licensee computes Earmarked Profit (Loss).
- SECTION § 107.1520 - How a Licensee computes and allocates Prioritized Payments to SBA.
- SECTION § 107.1530 - How a Licensee computes SBA's Profit Participation.
- SECTION § 107.1540 - Distributions by Licensee—Prioritized Payments and Adjustments.
- SECTION § 107.1550 - Distributions by Licensee—permitted “tax Distributions” to private investors and SBA.
- SECTION § 107.1560 - Distributions by Licensee—required Distributions to private investors and SBA.
- SECTION § 107.1570 - Distributions by Licensee—optional Distribution to private investors and SBA.
- SECTION § 107.1575 - Distributions on other than Payment Dates.
- SECTION § 107.1580 - Special rules for In-Kind Distributions by Licensees.
- SECTION § 107.1585 - Exchange of Debentures for Participating Securities.
- SECTION § 107.1590 - Special rules for companies licensed on or before March 31, 1993.
Funding Leverage by Use of SBA-Guaranteed Trust Certificates (“TCs”)
- SECTION § 107.1600 - SBA authority to issue and guarantee Trust Certificates.
- SECTION § 107.1610 - Effect of prepayment or early redemption of Leverage on a Trust Certificate.
- SECTION § 107.1620 - Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent.
- SECTION § 107.1630 - SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates.
- SECTION § 107.1640 - SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers.
Miscellaneous