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House Passes Bill; Aims to Encourage Private Capital Investments in Underserved Areas

On Tuesday, the House passed legislation encouraging private capital investments in underserved areas.Small Business Investment Companies are privately owned fi

Introduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions-Fall 2023 - Insurance News

Young, Duckworth, Risch reintroduce bill to increase investment in small businesses

Last week, U.S. Senators Todd Young (R-Ind.), Tammy Duckworth (D-Ill.), and Jim Risch (R-Idaho) reintroduced the Investing in Main Street Act to increase investment in small businesses by permitting banks to invest up to 15 percent of their capital in Small Business Investment Companies (SBIC). In 1958, the Small Business Administration launched the SBIC program to facilitate

Why small-business loans are a win-win for women-run startups and smaller banks

A bowling alley in Pittsfield, Mass., is on a roll after receiving a Small Business Association loan through a local bank,

Investar Holding Corporation Announces 2023 Fourth Quarter Results