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LMI Debenture Calculator

Please Enter an Debenture Face Amount, then select:

  1. Debenture Type
  2. LMI Debenture Term (if applicable) and
  3. SBA Annual Charge
Estimated Face Amount of LMI Debenture $
Debenture Type: LMI RBIC
Approximate LMI Debenture Term
Debenture
Maturity Date
SBA Annual Charge 
Estimated Interest Rate for Year LMI Debenture %
Optional: Enter an Alternative Rate to be used in the Calculation %
Estimated Net Proceeds Provided to SBIC
(Please scroll down to view details of calculation.)		 $
Face Amount You Selected for LMI Debenture $
Interest Rate You Selected for Calculation %
Less: Present Value of Interest for the 
5 Year Discount Period		 $
+
Less: Future Value of Annual Charge
for the 5 Year Discount Period		 $
Total Discount from Face Amount $
Equals: Estimated Gross Proceeds
(Estimated Purchase Price)		 $
Less: Leverage Fee (2% of LMI Debenture Face Amount or
3% of RBIC Debenture Face Amount)		 -
$
Equals: Estimated Net Proceeds Provided to Licensee $
Note: Due to changing market conditions, the quoted rates and values derived above may not be indicative of actual rates and values that will apply on the settlement date.