Small Business Lending Company Application Process
SBA · other · Published 2024-08-09 · 89 FR 65174
Document
Document number
2024-17644
Federal Register citation
89 FR 65174
CFR reference
13 CFR 120
Type
Rule
Action
Notification.
Category
other
Agency
US Small Business Administration
Publication date
2024-08-09
Abstract
The purpose of this notification is to announce that the U.S. Small Business Administration's (SBA) Office of Capital Access (OCA) is opening the application period for new Small Business Lending Companies (SBLC) licenses from September 2, 2024, to October 15, 2024, and share the process by which interested entities may apply. SBA is similarly opening the application period for Community Advantage SBLCs (CA SBLCs) from September 2, 2024, to December 20, 2024, and will be reviewing and decisioning CA SBLC licenses on a rolling basis.