GroundRules
13 CFR 120.926: Referral fee.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER I—SMALL BUSINESS ADMINISTRATION
- PART 120—BUSINESS LOANS
- Subpart H—Development Company Loan Program (504)
The CDC can receive a reasonable referral fee from the Third Party Lender if the CDC secured the Third Party Lender for the Borrower under a written contract between the CDC and the Third Party Lender. Both the CDC and the Third Party Lender are prohibited from charging this fee to the Borrower. If a CDC charges a referral fee, the CDC will be construed as a Referral Agent under part 103 of this chapter.
Collected 2026-08-27T02:24:18Z. Source file · JSON