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Small Business: Financial Health of Small Business Investment Companies

RCED-93-51 Published: May 05, 1993. Publicly Released: May 05, 1993.
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Highlights

Pursuant to a congressional request, GAO reviewed: (1) the reasons for small business investment companies' (SBIC) liquidations between January 1986 and March 1991; (2) active and liquidated SBIC financial performances; and (3) the statistical correlation of key SBIC characteristics and investments with their liquidations and financial performance.

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Business development loansFederal aid programsFinancial managementFines (penalties)Interest ratesLending institutionsPrivate sectorSmall business assistanceSmall business investment companiesSmall business loans