August 11, 2019
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Do you want to know an easy method of being profitable and having a gentle income too? Qualified SBICs may subject discounted debentures which have the identical face worth as a regular debenture however are provided at a discount and have to be invested in small companies which are both positioned in low-to-moderate revenue areas or the enterprise is engaged in qualifying power-savings activities as outlined by the SBA.
However, in no event may any SBIC or SSBIC draw down leverage in excess of $90 million.” An SBIC that engages in leveraging is in essence borrowing extra funding funds from … Read More..
