BDCs win leverage cap increase after US$1.3trn budget signed
March 23, 2018 at 15:37 PM EDT
NEW YORK, March 23 (LPC) - Business Development Companies (BDCs) will gain access to additional capital to lend to small and mid-sized businesses after language to increase the maximum leverage allowed by the funds was added to a US$1.3trn government spending bill President Trump signed into law on Friday.