§107.810. Financing in the form of Loans.
13 C.F.R. § 107.810
You may make Loans to Small Businesses. A Loan means a transaction evidenced by a debt instrument with no provision for you to acquire Equity Securities. Loans may include Revenue-Based Financing or Revenue-Based Loans in which you provide financing to a Small Business in exchange for a percentage of the Small Business's anticipated future revenue which shall not exceed 19% of the Small Business's annual gross revenue.
Notes, amendments, and revision history
Amendments
[88 FR 46011, July 18, 2023]
Authority
Authority: 15 U.S.C. 662, 681-687, 687b-h, 687k-m.
Source
Source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.
Amendments
[88 FR 46011, July 18, 2023]