SBA Expands SBIC Program to attract VC Funds

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from Massachusetts Institute of Technology - MIT Sloan School of Management
in Seattle, WA, USA

2yrs ago

SBA Expands SBIC Program to attract VC Funds

Any thoughts and opinions about these latest updates from SBA?

redacted

Does it mean we could have more VCs money available to acquire small businesses or will there be more competition from VCs?

1 Like

151 Views

reply by a searcher 2yrs ago
from The University of Texas at Austin in Dallas, TX, USA

So SBIC funds have to pay cash interest on the money they borrow that they then lend out. According to this article, with the rule change, they may no longer have to pay cash interest semi-annually - instead it will accrue. The implication is that for borrowers, cash debt service goes down. With improve credit metrics, growth oriented or capital intensive businesses can now receive capital.

This is a double edged sword. If you're an operator, your cash cost of capital just went down. At the same time, improved liquidity means valuations will increase.