Small Business Lending Company Application Process
SBA · other · Published 2023-05-22 · Effective 2023-06-01 · 88 FR 32623
Document
Document number
2023-10310
Federal Register citation
88 FR 32623
CFR reference
13 CFR 120
Type
Rule
Action
Notification.
Category
other
Agency
US Small Business Administration
Publication date
2023-05-22
Effective date
2023-06-01
Abstract
The purpose of this notificaton is to announce that SBA's Office of Capital Access (OCA) is opening the application period for new Small Business Lending Companies (SBLC) licenses from June 1, 2023, to July 31, 2023, and share the process by which interested entities may apply. SBA is not accepting applications for Community Advantage SBLCs (CA SBLCs) at this time; however, qualified entities may apply under the Community Advantage pilot authority until September 30, 2023.