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Regulation

SBA’s Pending SBIC Leverage Availability Changes: Three Potential Developments That Could Reshape Small Business Investment

Tuesday, November 3, 2026 · first reported by PilieroMazza PLLC via JD Supra

The Small Business Administration (SBA) sent an interim final rule on changes to how much leverage small business investment companies (SBICs) can access to the Office of Management and Budget for regulatory review on October 6, 2026. The rule has not been published, and its contents are not yet known. PilieroMazza says the submission raises questions about the SBA's wider plans for the SBIC program, and that the effect will depend on how broad the amendments are.

Asset class
Private equity, Venture
Geography
North America

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