SBIC deep dive: the equity assist in plain English
The SBIC model is one of the most IS-friendly capital structures available and one of the least understood by IS in their first one to three deals. Practitioners who have closed 100+ IS-backed SBIC transactions cover the mechanics in real terms.
Key takeaways
- →How the equity assist actually works, and why it changes IS deal economics significantly
- →What IS need ready before the first SBIC call, and what kills deals before they start
- →How co-SBIC structures work and when they make sense for a deal