Exhibit 99.n.5
                                ANTHONY W. PARKER
                                -----------------

                                  July 25, 2001

Gladstone Capital Corporation
1750 Tysons Blvd., 4th Floor
McLean, Virginia  22102

                       CONSENT TO REFERENCE IN PROSPECTUS

In connection with the Registration Statement on Form N-2 filed by Gladstone
Capital Corporation (the "COMPANY"), File No. 333-63700, I hereby consent to the
reference to me in the prospectus included in such registration statement as a
future member of the board of directors of the Company.



                                         Very truly yours,

                                         /s/ Anthony W. Parker
                                         ---------------------------------------
                                         Anthony W. Parker