The Small Business Investment Company (SBIC) Program works with private investment funds licensed as SBICs to provide growth capital to U.S. small businesses. Although SBICs regulated by SBA, they are private, profit-seeking investment companies that make independent investment decisions. This directory will provide you with the contact information needed to learn more about the SBIC Licensees in your state.
Explanation of Directory Information
Details on each SBIC listed below include the following information:
Preferred Investment Size: The amount the SBIC is willing to invest or loan.
Investment Policy: The type of investment the SBIC is willing to make (for example, loans, equity or debt with equity features).
Investment Type: The various stages of financing that the SBIC is willing to fund (for example, seed, start-up, early stage, expansion financing, later stage financing, or managed buyout, leveraged buyout or acquisition).
Industry Preference: Type of industry or industries the SBIC is interested in financing. Usually based on the knowledge and experience of the SBIC's management.
Geographic Preference: The area of the United States where the SBIC prefers to make financing.
Regulatory Capital: A Licensee's private paid-in capital and surplus or private partners' contributed capital (excluding non-cash contributions), plus unfunded binding commitments from institutional investors.
Leverage from SBA: A Licensee's outstanding debentures, participating securities or preferred stock guaranteed or purchased by SBA.
Capital Resources: The sum of a Licensee's regulatory capital and leverage from SBA.