On September 11, 2012, the SBIC Funding Corporation completed the most recent pooling of SBA debentures with a historically low rate of 2.245%. This rate is the lowest rate in the 54-year history of the SBIC program.The previous record rate for a pooling was 2.766%.
Although the pooling price does not include the annual charge or other fees, it is the core component for establishing the cost of SBIC leverage.
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