[LETTERHEAD OF GLADSTONE CAPITAL]

 

January 18, 2008

 

VIA FACSIMILE AND EDGAR

Christian T. Sandoe, Esq.

United States Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

 

Re:	Gladstone Capital Corporation
	Registration Statement on Form N-2
	Registration No. 333-143027

 

Dear Mr. Sandoe:

 

The undersigned registrant hereby requests that the Securities and Exchange Commission take appropriate action to cause the above-referenced registration statement to be declared effective on January 23, 2008 at 4:00 p.m. Eastern Daylight Time or as soon thereafter as practicable.

 

Very truly yours,

 

GLADSTONE CAPITAL CORPORATION

 

By:	/s/ Harry Brill
	Harry Brill
	Chief Financial Officer
cc:	Thomas R. Salley, Esq.
	Darren K. DeStefano, Esq.
	Christina L. Novak, Esq.