Funding small businesses through the SBIC program
Last Updated: 05/02/94
The article is organized in four sections. The first section discusses the economic implications of the SBIC program. The second section examines the types of investments SBICs make, the cross-sectional differences in characteristics and investment strategies, and the differences between bank-owned and other SBICs. The third section presents evidence concerning the impact of SBICs' asset-mix decisions on profitability. The final section contains concluding remarks.