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More Than $986 Million in SBA Debenture Leverage Priced

A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in U.S. small businesses and is licensed by the U.S. Small Business Administration (SBA) under the...more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - January 2019

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - October 2018

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Description of the Small Business Investment Company Debenture Program - January 2018

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

SBA Delays Rule on SBIC Passive Business Financing

On January 26, the U.S. Small Business Administration (SBA) published a Notice, delaying the effective date of a recent Final Rule that was set to modify SBA’s regulations on the ability of a small business investment company...more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2017

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

SBA Proposes Updates and Improvements to Early Stage SBIC Program

The proposed rule reflects SBA’s intent to continue licensing and providing SBA-guaranteed leverage to Early Stage SBICs beyond the initial five-year term previously announced. On September 19, the U.S. Small Business...more

SBA Reminds SBICs to Submit Their 2016 Annual Recertification

On June 2, the U.S. Small Business Administration (SBA) distributed a memorandum from Steve Knott, acting director of the SBA’s Office of SBIC Operations, reminding private funds licensed by the SBA as small business...more

Description of the Small Business Investment Company Debenture Program - January 2016

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Small Business Administration Issues Call for Early Stage Managers

Call Notice and Application Process - On January 12, the U.S. Small Business Administration (SBA) issued a “Call for Early Stage Fund Managers” in the Federal Register, inviting all interested early stage fund managers...more

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