SBIC. A private investment company licensed by the Small Business Administration...
A private investment company licensed and partially funded by the SBA to provide venture capital to small businesses. Typically, SBICs finance new, risky or high-tech ventures. [go back to glossary list
a company licensed by the Small Business Administration to receive government capital in the form of debt or equity in order to use in private equity investing.
private investment company licensed by the Small Business Administration to provide small businesses with debt and equity financing.
SBICs, licensed by the Small Business Administration, are privately owned and managed investment firms. They are participants in a vital partnership between government and the private sector economy. With their own capital and with funds borrowed at favorable rates through the Federal Government, SBICs provide venture capital to small independent businesses, both new and already established.
A licensed member of a US Small Business Administration program that entitles an investment firm to obtain matching federal loans for its private equity investments. Typically, a firm will have access to $2 in credit for every $1 that it invests in a company. If an SBIC raises $20 million, it will have access to up to $40 million in low-interest loans, drawn down on a deal-by-deal basis.
Small Business Investment Companies, affiliated with the Small Business Administration, channel private investors' money, combined with some government money, to small, fast-growing companies.