Did you know that the Small Business Investment Company (SBIC) program has been helping high-growth small businesses get financing since 1958?
That's right – for more than 50 years, SBICs have facilitated the
flow of long-term capital to America’s businesses. There are thousands of small business success stories, but here are a few you probably recognize: Costco, Apple and Staples – just to name a few.
How does it work?
SBA doesn't finance businesses directly. For the SBIC program, SBA partners with
private investors to capitalize professionally-managed investment funds
(the SBICs) that finance small businesses.
What are the perks?
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Small businesses can receive equity
capital, long-term loans and expert management assistance.
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Investment managers can add to their
own private investment capital with funds borrowed at favorable rates through
the federal government.
- And the
national economy benefits as the small businesses
financed by SBICs continue to create jobs and generate tax revenues.
Where can I learn more?
Visit the SBIC Program pages, including the FAQ, for more information about
the SBIC Program. Still have questions? Email askSBIC@sba.gov.
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