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Title 13

Displaying title 13, up to date as of 7/13/2026. Title 13 was last amended 6/11/2026.
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Title 13Business Credit and AssistancePart / Section
Chapter ISmall Business Administration1 – 199
Part 108New Markets Venture Capital (“NMVC”) Program108.10 – 108.2040
Subpart JSBA Financial Assistance for NMVC Companies (Leverage)108.1100 – 108.1720
General Information About Obtaining Leverage108.1100 – 108.1140
§ 108.1100Type of Leverage and application procedures.
§ 108.1120General eligibility requirement for Leverage.
§ 108.1130Leverage fees payable by NMVC Company.
§ 108.1140NMVC Company's acceptance of SBA remedies under § 108.1810.
Maximum Amount of Leverage for Which a NMVC Company Is Eligible108.1150
§ 108.1150Maximum amount of Leverage for a NMVC Company.
Conditional Commitments by SBA To Reserve Leverage for a NMVC Company108.1200 – 108.1240
§ 108.1200SBA's Leverage commitment to a NMVC Company—application procedure, amount, and term.
§ 108.1220Requirement for NMVC Company to file financial statements at the time of request for a draw.
§ 108.1230Draw-downs by NMVC Company under SBA's Leverage commitment.
§ 108.1240Funding of NMVC Company's draw request through sale to third-party.
Funding Leverage by use of SBA Guaranteed Trust Certificates (“TCs”)108.1600 – 108.1640
§ 108.1600SBA authority to issue and guarantee Trust Certificates.
§ 108.1610Effect of prepayment or early redemption of Leverage on a Trust Certificate.
§ 108.1620Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent.
§ 108.1630SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates.
§ 108.1640SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers.
Miscellaneous108.1700 – 108.1720
§ 108.1700Transfer by SBA of its interest in a NMVC Company's Leverage security.
§ 108.1710SBA authority to collect or compromise its claims.
§ 108.1720Characteristics of SBA's guarantee.