Attorneys Outline SBIC Program Funding Options For Accessing SBA Leverage

As private equity funds seek advantageous resources for capital in today's high-interest-rate environment, Bass, Berry & Sims attorneys Bryan Bylica, Philip Kassel, and Danny Harris authored an article for Crowdfund Insider providing an in-depth look at opportunities available from the Small Business Investment Company (SBIC) Program.

The SBIC Program enables private equity fund managers to access government leverage at lower rates than traditional lending sources. The SBIC Program is focused on growing small businesses by facilitating access to growth capital for lower middle-market companies. Since its establishment, SBIC funds have provided billions of dollars of investment and financing, helping to create or preserve hundreds of thousands of jobs. SBIC funds are owned and operated by private equity fund managers, who are solely responsible for their investment decisions.