§108.1240. Funding of NMVC Company's draw request through sale to third-party. — Inbound Citations
13 C.F.R. § 108.1240
Statutory Authority
Cited by 2 regulations in release Current.
Citations to 13 C.F.R. § 108.1240 as a whole
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(b) The Leverage application process has two parts. You must first apply for SBA's conditional commitment to reserve a specific amount of Leverage for your future use. You may then apply to draw down Leverage against the commitment. See §§ 108.1200 through 108.1240.
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(a) Under the provisions in §§ 108.1200 through 108.1240, you may apply for SBA's conditional commitment to reserve a specific amount and type of Leverage for your future use. You may then apply to draw down Leverage against the commitment.