Recent regulatory changes have created a rush by some of the biggest names in banking and finance to organize small business investment corporations, commonly known as SBICs.

Between Feb. 1 and Oct. 3, the Small Business Administration granted 32 new SBIC licenses, making it the fastest pace in years, according to Jim Trainer, vice president of the National Association of SBICs.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.