If your contract contains a provision that prohibits you from obtaining new loans that are superior to the CWCB loan, you will need the consent of the CWCB before you can incur such debt. ("Superior" debt means that in the event of your default, the superior debt would have first access to your assets, and the CWCB would only get what was left, if anything, and that may be far less than what is owed.)
To request the consent of the CWCB, you will need to certify that the new debt meets the parity requirements contained in the loan contract and/or CWCB Financial Policy No. 6. Each request will be reviewed and evaluated by the CWCB staff on a case-by-case basis and will be approved or denied at the discretion of the CWCB Director.