CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the use in this Post-Effective Amendment No. 5 to the Registration Statement on Form N-2 of our report dated December 3, 2007 relating to the financial statements and the effectiveness of internal control over financial reporting of Gladstone Capital Corporation, which appears in such Post-Effective Amendment No. 5 to the Registration Statement. We also consent to the reference to us under the heading "Experts" in such Post-Effective Amendment No. 5 to the Registration Statement.
/s/ PricewaterhouseCoopers LLP
Mclean,
Virginia
December 10, 2007