Small Business Investment Company (SBIC) Program
SBA-licensed private investment funds that use private capital plus SBA-guaranteed leverage to provide debt and equity financing to established U.S. small businesses.
- Run by
- U.S. Small Business Administration
- Funding
- Up to $10,000,000Typical ranges per SBA: debt about $250,000-$10 million (roughly 9%-16% interest); equity about $100,000-$5 million; debt with equity about $250,000-$10 million.
- Who can apply
- At least 51% of employees and assets in the U.S.
- Meets SBA small business size standards
- Ineligible industries include farmland, real estate and financing
- SBICs generally seek established, profitable businesses with sufficient cash flow
- How to apply
- Search SBA's SBIC directory for funds matching your industry and region and pitch them with a business plan.
- Last checked
- 2026-10-11