Capital Southwest Announces Receipt of Second SBIC License

Core Points - Capital Southwest Corporation has announced that its subsidiary, Capital Southwest SBIC II, LP, has received a license from the U.S. Small Business Administration to operate as a Small Business Investment Company [1] - The SBIC license allows SBIC II to issue SBA-guaranteed debentures, enabling it to borrow up to $175 million, which increases Capital Southwest's total borrowing capacity through the SBIC program to $350 million [2] - The SBA program has been integral to Capital Southwest's investment strategy in the lower middle market since it first obtained an SBIC license in April 2021 [3] - As of December 31, 2024, Capital Southwest has approximately $1.7 billion in investments at fair value and focuses on middle market businesses with investments ranging from $5 million to $50 million [4]