2025-08626Notice

SBA Hands Out Five New Licenses to Boost Tiny Business Dreams

Published Date: 5/15/2025

Notice

Summary

The Small Business Administration just announced new licenses for several Small Business Investment Companies (SBICs), letting them invest more money to help small businesses grow. These licenses, issued between March and April 2025, set how much extra funding each SBIC can use, ranging from 1.5 to 2 times their own capital. If you’re a small business or investor, this means more support and opportunities coming your way soon!

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Five SBICs Licensed with 1.5x–2.0x Leverage

The Small Business Administration published that five Small Business Investment Companies received SBIC licenses on the dates listed and have Total Intended Leverage Commitments (leverage tiers) of 1.50x or 2.00x. The licensed funds and dates are: LongWater SBIC Fund I, L.P. (3/31/2025) — 2.00x; Holleway IPA Fund II, L.P. (3/31/2025) — 1.50x; Lightspring Capital II, L.P. (4/15/2025) — 1.50x; Capital Southwest SBIC II, L.P. (4/17/2025) — 2.00x; Five Points Credit SBIC V, L.P. (4/29/2025) — 2.00x. The footnote defines leverage as a multiple of Leverageable Capital under 13 CFR 107.1150.

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Key Dates

Effective Date
Published Date
3/31/2025
5/15/2025

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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