Małe firmy · 2.04.1999
Business Loan Programs; Notice of Initial Benchmark Number
SBA regulations governing the securitization of Section 7(a) loans require that from time to time the SBA publish in the Federal Register the ``Benchmark Number'' to be used in overseeing securitizing lenders. The Benchmark Number is the number of percentage points that a securitizing lender's Currency Rate may decline before SBA takes action. The purpose of this Notice is to establish an initial Benchmark Number of 2.5 percentage points.