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Small Business Small Business Administration Investment

Levenfeld Pearlstein, LLC

Independent Sponsor Series: A Conversation with Ryan Sullivan on North Park Group’s Unique Background and Long-Term Strategy (Part...

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –...more

Troutman Pepper Locke

More Than $1.895 Billion in SBA Debenture Leverage Priced at 4.963%

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Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

K&L Gates LLP

United States: Potential Increase to Debenture Limit for Levered Small Business Investment Companies (SBICs)?

K&L Gates LLP on

Small Business Investment Companies (SBICs), which invest in qualifying small businesses in the United States, are eligible to receive Small Business Administration (SBA)-guaranteed debentures at favorable rates to finance...more

Morrison & Foerster LLP - Government...

Impacts to 8(a) Regulations in SBA’s New Final Rule

We continue our discussion of the Small Business Administration’s (SBA) recent final rule on various small business programs. We previously discussed SBA’s changes to the effect of recertifications under multiple award...more

Morrison & Foerster LLP - Government...

The Tortured Regulations Department: SBA’s New Rule And Its Effect On Investments

In a lengthy and complex effort, the U.S. Small Business Administration (SBA) issued a final rule on December 17, 2024, that amended many requirements related to small business contracting. As with most rules, there are some...more

Troutman Pepper Locke

More Than $1.24B in SBA Debenture Leverage Priced at 4.38%

Troutman Pepper Locke on

Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

Bass, Berry & Sims PLC

SBICCT Initiative Adds New Tool to Drive Innovation

Bass, Berry & Sims PLC on

The Department of Defense (DoD) has long searched for ways to foster innovation in the defense industrial base by harnessing US comparative advantages like our capital markets and American technological innovation...more

Cadwalader, Wickersham & Taft LLP

SBICs – A Tradition (Mostly) Unlike Any Other? April 2024 - Revised SBA Rules Move Cap Call Lending Closer, But Still a Bridge Too...

When the U.S. Small Business Administration’s (“SBA’s”) revised rules for its Small Business Investment Company (“SBIC”) program went into effect last August, it looked like a greenfield market for capital call financing had...more

Troutman Pepper Locke

More Than $1.6B in SBA Debenture Leverage Priced at 5.035%

Troutman Pepper Locke on

Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

Hogan Lovells

SBIC Program Updates: SBA Proposes Technical Amendments to 2023 Reforms and Significant Change to Passive Business Rule

Hogan Lovells on

In July 2023, the U.S. Small Business Administration (SBA) released sweeping reforms to the Small Business Investment Company (SBIC) program. Many of those reforms were enacted through the Small Business Investment Company...more

Foley Hoag LLP

Department of Transportation Launches the Access to Capital Initiative

Foley Hoag LLP on

On October 17, 2023, the U.S. Small Business Administration (SBA) and the Department of Transportation (DoT) announced the rollout of the Access to Capital Initiative (ACI), a joint effort between the SBA and DoT to help...more

Troutman Pepper Locke

SBA’s New Rules and Policies to Strengthen and Diversify Its SBIC Program

Troutman Pepper Locke on

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

Troutman Pepper Locke

Description of the Small Business Investment Company Program Participation by Unleveraged Funds — Updated May 2023

Troutman Pepper Locke on

The SBIC Program - 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 U.S. Small Business...more

Troutman Pepper Locke

Description of the Small Business Investment Company Program Participation by Unleveraged Funds — Updated March 2023

Troutman Pepper Locke on

The SBIC Program - 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 U.S. Small Business...more

Troutman Pepper Locke

Description of the Small Business Investment Company Debenture Program — Updated March 2023

Troutman Pepper Locke on

The SBIC Program - 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 U.S. Small Business...more

Troutman Pepper Locke

More Than $1.737B in SBA Debenture Leverage Priced at 5.168%

Troutman Pepper Locke on

Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

Troutman Pepper Locke

Description of the Small Business Investment Company Program Participation by Unleveraged Funds (UPDATED)

Troutman Pepper Locke on

The SBIC Program 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 U.S. Small Business Administration...more

Bass, Berry & Sims PLC

SBA to Adjust for Alternative Size Standards under the SBIC

On November 17, 2022, the U.S. Small Business Administration (SBA) published an interim final rule in the Federal Register to make certain inflationary adjustments for the alternative size standards under the Small Business...more

Hogan Lovells

SBA announces proposed reforms to SBIC program – new Accrual SBIC for growth equity funds

Hogan Lovells on

The U.S. Small Business Administration (SBA) proposed wide-ranging revisions to the regulations governing the small business investment company (SBIC) program on Tuesday, October 18, 2022. Among other things, the proposed...more

Bass, Berry & Sims PLC

SBA Proposes Accrual SBIC Licenses and Debentures as Part of SBIC Program Reform

Bass, Berry & Sims PLC on

On October 19, the U.S. Small Business Administration (SBA) published proposed rules in the Federal Register to significantly amend the regulations governing the Small Business Investment Company (SBIC) program. The proposal,...more

Troutman Pepper Locke

Description of the Small Business Investment Company Debenture Program (UPDATED)

Troutman Pepper Locke on

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 U.S. Small Business Administration (SBA or...more

Troutman Pepper Locke

More Than $2 Billion in SBA Debenture Leverage Priced at 2.938%

Troutman Pepper Locke on

Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

Troutman Pepper Locke

More Than $1.3 Billion in SBA Debenture Leverage Priced at Near-Record Low

Troutman Pepper Locke on

Licensed by the U.S. Small Business Administration (SBA) under the Small Business Investment Act of 1958, a small business investment company (SBIC) represents a privately owned and operated investment fund that makes...more

Troutman Pepper Locke

More Than $1 Billion in SBA Debenture Leverage Priced at Near-Record Low

Troutman Pepper Locke on

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

Troutman Pepper Locke

Description Of The Small Business Investment Company Program Participation By Unleveraged Funds - January 2020

Troutman Pepper Locke on

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

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