Small business investment companies (SBICs) are corporations chartered by the federal government that can borrow at attractive rates from the U.S. Treasury and use the funds to make venture capital investments in private companies.

Question

Quizplus · Accepted Answer

SBICs are indeed chartered by the federal government and can borrow from the U.S. Treasury to make investments in private companies.

Small Business Investment Companies (SBICs) Are Corporations Chartered by the Federal