Debenture

Debenture is an obligation issued by a CDC and guaranteed 100 percent by SBA, the proceeds of which are used to fund a 504 loan. SBA, in its discretion, may authorize either paper or electronic Debentures.

Source

13 CFR § 120.802

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Scoping language

The following terms have the same meaning wherever they are used in this subpart. Defined terms are capitalized wherever they appear.

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