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small business investment companies (SBIC)
SBICs (Small Business Investment Companies) are lending and investment firms that are licensed by the federal government. The licensing enables them to borrow from the federal government to supplement the private funds of their investors. Some of these funds engage only in making loans to small businesses or invest only in specific industries. The majority, however, are organized to make venture capital investments in a wide variety of businesses.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Venture capital
- Company:
- Product:
- Acronym-Abbreviation:
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