SBA’s Growth Capital Program Sets Record For Third Year in a Row
The U.S. Small Business Administration’s Small Business Investment Company (SBIC) debenture program provided a record $2.95 billion to small businesses in fiscal year 2012, a 14 percent increase over last year’s $2.59 billion and an 85 percent increase over 2010, also a record year. “Over the past three years SBA has transformed the SBIC program…