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Expert Analysis

Next Steps For BDCs As Long-Awaited Reforms Arrive

By Nicole Runyan and Monica Shilling (March 28, 2018, 11:21 AM EDT) -- On March 23, 2018, Congress passed and President Donald Trump signed the Consolidated Appropriations Act of 2018, the omnibus spending bill to fund the federal government through September. The spending bill included the Small Business Credit Availability Act, or SBCAA, which relaxes leverage and offering restrictions that many business development companies have been seeking over the last several years....

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