Code of Federal Regulations > Title 13 > Chapter I > Part 107 > Subpart I - Subpart I—SBA Financial Assistance for Licensees (Leverage)

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 27, 2025

GENERAL INFORMATION ABOUT OBTAINING LEVERAGE

§ 107.1100 - Types of Leverage and application procedures.

§ 107.1120 - General eligibility requirements for Leverage.

§ 107.1130 - Leverage fees and Annual Charges.

§ 107.1140 - Licensee's acceptance of SBA remedies under §through 107.1820.

MAXIMUM AMOUNT OF LEVERAGE FOR WHICH A LICENSEE IS ELIGIBLE

§ 107.1150 - Maximum amount of Leverage.

§ 107.1160 - Maximum amount of Leverage for a Section 301(d) Licensee.

§ 107.1170 - Maximum amount of Participating Securities for any Licensee.

SPECIAL RULES FOR LEVERAGE ISSUED BY AN EARLY STAGE SBIC

§ 107.1180 - Required distributions to SBA by Early Stage SBICs.

§ 107.1181 - Interest reserve requirements for Early Stage SBICs.

§ 107.1182 - Valuation requirements for Early Stage SBICs based on Capital Impairment Percentage.

CONDITIONAL COMMITMENTS BY SBA TO RESERVE LEVERAGE FOR A LICENSEE

§ 107.1200 - SBA's Leverage commitment to a Licensee—application procedure, amount, and term.

§ 107.1210 - Payment of leverage fee upon receipt of commitment.

§ 107.1220 - Requirement for Licensee to file quarterly financial statements.

§ 107.1230 - Draw-downs by Licensee under SBA's Leverage commitment.

§ 107.1240 - Funding of Licensee's draw request through sale to short-term investor.

PREFERRED SECURITIES LEVERAGE—SECTION 301(D) LICENSEES

§ 107.1400 - Dividends or partnership distributions on 4 percent Preferred Securities.

§ 107.1410 - Requirement to redeem 4 percent Preferred Securities.

§ 107.1420 - Articles requirements for 4 percent Preferred Securities.

§ 107.1430 - Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures.

§ 107.1440 - Three percent preferred stock issued before November 21, 1989.

§ 107.1450 - Optional redemption of Preferred Securities.

PARTICIPATING SECURITIES LEVERAGE

§ 107.1500 - General description of Participating Securities.

§ 107.1505 - Liquidity requirements for Licensees issuing Participating Securities.

§ 107.1510 - How a Licensee computes Earmarked Profit (Loss).

§ 107.1520 - How a Licensee computes and allocates Prioritized Payments to SBA.

§ 107.1530 - How a Licensee computes SBA's Profit Participation.

§ 107.1540 - Distributions by Licensee—Prioritized Payments and Adjustments.

§ 107.1550 - Distributions by Licensee—permitted “tax Distributions” to private investors and SBA.

§ 107.1560 - Distributions by Licensee—required Distributions to private investors and SBA.

§ 107.1570 - Distributions by Licensee—optional Distribution to private investors and SBA.

§ 107.1575 - Distributions on other than Payment Dates.

§ 107.1580 - Special rules for In-Kind Distributions by Licensees.

§ 107.1585 - Exchange of Debentures for Participating Securities.

§ 107.1590 - Special rules for companies licensed on or before March 31, 1993.

FUNDING LEVERAGE BY USE OF SBA-GUARANTEED TRUST CERTIFICATES (“TCS”)

§ 107.1600 - SBA authority to issue and guarantee Trust Certificates.

§ 107.1610 - Effect of prepayment or early redemption of Leverage on a Trust Certificate.

§ 107.1620 - Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent.

§ 107.1630 - SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates.

§ 107.1640 - SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers.

MISCELLANEOUS

§ 107.1700 - Transfer by SBA of its interest in Licensee's Leverage security.

§ 107.1710 - SBA authority to collect or compromise its claims.

§ 107.1720 - Characteristics of SBA's guarantee.