Wednesday - December 24, 2025
SBA Clarifies Annual Charges for Investment Fund Leverage Instruments
December 05, 2025
WASHINGTON, Dec. 5 (TNSFR) -- The Small Business Administration issued a direct final rule to clarify the calculation of annual charges for leverage between different types of small business investment companies (SBICs).

The rule modifies existing regulations to expressly state that the annual charge assessed on SBA Leverage may differ between Accrual licenses and those using standard or Discount Debentures.

SBICs are private investment funds, licensed and regulated by . . .

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