Small Business Investment Companies

E40275

Small Business Investment Companies are privately owned and managed investment funds licensed by the U.S. government to provide debt and equity financing to small businesses.


Statements (48)
Predicate Object
instanceOf U.S. government-licensed investment fund
investment company
abbreviation SBIC
businessModel profit-seeking investment fund
capitalSource SBA-guaranteed leverage
private capital
capitalStructure combination of private capital and SBA leverage
country United States
eligibleBusinessType for-profit small business
establishedIn 1958
exclusion certain real estate businesses
project finance not qualifying as small business concern
financingStage acquisition financing
expansion capital
growth capital
recapitalization financing
fundingType debt financing
equity financing
mezzanine financing
geographicScope domestic U.S. investments
investmentInstrument common equity
loans
preferred stock
subordinated debt
legalBasis Small Business Investment Act of 1958
licenseGrantedBy U.S. Small Business Administration
management privately managed
oversightMechanism SBA examinations
regulatory reporting to SBA
ownership privately owned
policyGoal promote job creation
stimulate private investment in small businesses
support underserved markets
programAdministeredBy Office of Investment and Innovation of the U.S. Small Business Administration
programType public-private partnership
purpose increase access to capital for small businesses
provide financing to small businesses
support growth of small business sector
regulator U.S. Small Business Administration
relatedProgram Small Business Administration 504 Loan Program
Small Business Administration 7(a) Loan Program
returnSource capital gains
dividends
interest payments
riskSharingMechanism SBA leverage and guarantees
sectorServed lower middle market companies
small business
targetBorrower U.S. small business concern


Please wait…