Date of Award:
Master of Business Administration (MBA)
Does the small business concern in this country have access to sufficient amounts of growth capital? For the past several years there has been much controversy concerning this question. Articles have been written both pro and con voicing opinions as to whether small businesses are being discriminated against in the acquisition of long-term loans to finance growth and business expansion. The majority of the written information on this subject appears to support the theory that too many small business firms are under-capitalized and the sources of long-term investment and growth funds are seriously limited to the small businessman. The Small Business Administration pamphlet, "SBIC Financing for Small Business," offers this statement:
Small business generally have difficulty obtaining longterm capital to finance their growth. Prior to 1958 there were few places a small company could turn for money once it had exhausted its secured line of credit from banks or the SBA.1
Dursteler, J. G., "An Evaluation of the Small Business Investment Company Program, It's History and Development, with Emphasis on the Utah SBIC Industry" (1966). All Graduate Theses and Dissertations, Spring 1920 to Summer 2023. 1680.
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