The SBIC program is separate from the SBA's 7(a) and 504 programs, which lenders use to make government-backed loans to small businesses. SBICs, meanwhile, raise private capital that the SBA leverages ...

The two new SBIC licenses – the “Accrual SBIC” and the “Reinvestor (Fund-of-Funds) SBIC” – expand the SBIC program network of private market financing partners and the SBA’s reach to ...

The U.S. Small Business Administration (SBA) finalized wide-ranging revisions to the regulations governing the small business investment company (SBIC) program on Thursday, July 13, 2023.

Cyprium's new SBIC fund, which held an initial closing last month, will allow the firm to extend its non-control investment strategy to lower middle market companies that have significant economic ...

Oct. 23, 2023 /PRNewswire/ -- IMB Partners ("IMB") announces that it has received a license from the U.S. Small Business Administration ("SBA"), to operate IMB Partners SBIC Fund I, L.P. ("SBIC ...

A Wexford-based investment firm just received a crucial green light from a federal agency. Learn what this means for the company's growth strategy and potential impact on local businesses. New ...

Twain Private Credit and the Truman Fund will also have offices and active investment in Texas, Mississippi and Tennessee. The SBIC program, managed by the SBA, is a highly competitive initiative ...