Small Business Investment Company (SBIC) Program
Open continuously
No deadline — apply whenever you are ready.
SBA does not invest directly. Licensed SBICs combine private capital with SBA-guaranteed leverage. Typical SBIC debt investments run $250,000-$10 million at 9-16% interest; equity investments typically $100,000-$5 million.
U.S. Small Business Administration
ppp · national
Deadline: rolling
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- small enterprises
- Stage: seed, series_a, growth
- Locally registered entity required
Company must meet SBA size standards. SBICs cannot invest in project finance, real estate, or businesses with more than 49% of employees or tangible assets outside the US.
How to apply
- Search the SBA SBIC directory for funds active in your region and industry
- Prepare a comprehensive business plan and financial model
- Approach the SBIC, ideally through a warm introduction from an accountant, attorney or investor
What you will need
- Business plan and financial model
- Cap table
- Historical financial statements
Source. https://www.sba.gov/funding-programs/investment-capital — checked 2026-08-14
"The SBA doesn't invest directly into small businesses, but it does provide funding to qualified SBICs with expertise in certain sectors or industries."