13 CFR § 108.1100 - Type of Leverage and application procedures.
---
identifier: "/us/cfr/t13/s108.1100"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 108.1100 - Type of Leverage and application procedures."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "108.1100"
section_name: "Type of Leverage and application procedures."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "108"
part_name: "NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 689-689q."
regulatory_source: "66 FR 28609, May 23, 2001, unless otherwise noted."
cfr_part: "108"
---
# 108.1100 Type of Leverage and application procedures.
(a) *Type of Leverage available.* You may apply for Leverage from SBA in the form of a guarantee of your Debentures.
(b) *Applying for Leverage.* The Leverage application process has two parts. You must first apply for SBA's conditional commitment to reserve a specific amount of Leverage for your future use. You may then apply to draw down Leverage against the commitment. See §§ 108.1200 through 108.1240.
(c) *Where to send your application.* Send all Leverage applications to SBA, Investment Division Office of New Markets Venture Capital, 409 Third Street, SW., Washington, DC 20416.