{"data":{"id":"us/13-cfr-107.1200","jurisdiction":"us","citation":"13 CFR 107.1200","heading":"SBA's Leverage commitment to a Licensee—application procedure, amount, and term.","body":"(a) General. Under the provisions in §§ 107.1200 through 107.1240, 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.\n(b) Applying for a Leverage commitment. SBA will notify you when it is accepting requests for Leverage commitments. Upon receipt of your request, SBA will send you a complete application package.\n(c) Limitations on the amount of a Leverage commitment. The amount of a Leverage commitment must be a multiple of $5,000.\n(d) Term of Leverage commitment. SBA's Leverage commitment will automatically lapse on the expiration date stated in the commitment letter issued to you by SBA.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 107—SMALL BUSINESS INVESTMENT COMPANIES","Subpart I—SBA Financial Assistance for Licensees (Leverage)"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"ce269ff63a1bdabab7031582a5842ad20905a3fe94f1e89829a96e6222ff0728","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-107.1182","next":"us/13-cfr-107.1210"},"notice":"GroundRules: Original legal text. Not legal advice."}