Capital-Raising Alternative for Middle Market Companies: Small Business Administration's SBIC Program
Navigating Funding and Licensing Requirements to Access Leverage Commitments
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will prepare commercial finance counsel to leverage the small business investment company (SBIC) program as a capital raising alternative. The panel will identify when this option is viable, discuss accessing leverage commitments, and outline how to navigate licensing requirements.
Outline
- Opportunities for capital raising through the SBIC Program
- Terms of leverage
- Cost of leverage
- Licensing: navigating the process
- Accessing leverage commitments
- Common misconceptions
- Best practice strategies and pitfalls to avoid
Benefits
The panel will review these and other key questions:
- What are common misconceptions about the SBIC program and what are the facts?
- How do SBICs obtain leverage commitment from the SBA?
- How should counsel navigate the licensing requirements?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Faculty
Michael K. Wyatt
Partner
Foley Hoag
He specializes in SBA matters. He has extensive experience representing SBICs in a variety of structuring, fund... | Read More
He specializes in SBA matters. He has extensive experience representing SBICs in a variety of structuring, fund formation, licensure, regulatory, operational, taxation, transactional, restricted operations, liquidation, receivership and other matters affecting SBICs and their portfolio companies. His practice also focuses on SBLCs, private finance companies and banks in small business matters.
CloseAlan B. Roth
Partner
Edwards Wildman Palmer
He focuses in the areas of venture capital and private equity representation, including SBIC licensing, investment and... | Read More
He focuses in the areas of venture capital and private equity representation, including SBIC licensing, investment and compliance, fund formation, corporate acquisitions, and representation of closely-held corporations and individuals. He counsels venture capitalists and private equity professionals on fund formation including becoming licensed SBICs.
CloseMichael B. Staebler
Partner
Pepper Hamilton
He leads the firm’s SBIC Practice and is Co-Chair of the firm’s Fund Services Group. His practice focuses... | Read More
He leads the firm’s SBIC Practice and is Co-Chair of the firm’s Fund Services Group. His practice focuses on the formation and operation of SBICs, venture capital and private equity funds, mergers and acquisitions, and corporate finance and governance. He chaired the SBIC and Venture Capital Subcommittee of the Small Business Committee of the ABA.
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