Don’t Let the Web Leave You Believing Grants Are the Only Funding Out There

Small business investment companies (SBICs) exist to supply equity capital, long-term loans and management assistance to qualifying small businesses.

The privately owned and operated SBICs use their own capital and funds borrowed from the U.S. Small Business Administration (SBA) to provide financing to small businesses in the form of equity securities and long-term loans. SBICs are profit seeking organizations that select small businesses to be financed within rules and regulations set by SBA. Specialized SBICs (SSBIC) are a particular type of SBIC that provide assistance solely to small businesses owned by socially or economically disadvantaged persons.