Description
If you're a lower middle market fund interested in long term equity capital investments, you need to learn about the SBA's Accrual SBIC program.
Designed to facilitate equity-focused investment funds and longer-term investment in small businesses, the SBIC Accrual Program offers unique fundraising and leverage advantages for investors that may struggle to obtain financing. Whether you're just curious about the program, currently navigating the Small Business Administration’s SBIC Accrual application process, or already managing an SBIC Accrual Fund, this webinar will deliver insights you can put into action.
Hear directly from fund managers who have successfully launched SBIC Accrual Funds as they share:
- Why they joined the program and the difference between accrual and standard debenture SBICs
- 30,000 foot overview of how program works - draws, performance checks, accrual period etc.
- Investor feedback and education - how they communicate with and advisory committees
- Experiences with the application process experiences as it is a new license w/associated requirements
- Pitfalls and lessons learned so far from exams, draws, etc.
Interactive Q&A — bring your questions and gain clarity from those who’ve been through the process.
Reserve your spot today!
Moderator: Jennifer Audeh - Foley Hoag
Panel:
Jeff Schwartz - Corbel Capital
Steve Glover - Pelion Venture Partners
Travis Heath - Signal Peak Ventures