BDC Council

in 2017, the small business investor alliance (sbia) bdc council was formed by a broad coalition of business development companies (bdcs) and investment industry leaders. the council and sbia work to advocate for modernization of the bdc industry. council members represent the most prominent group of investment industry leaders supporting small business investment in almost every industry and sector. the bdc council is committed to working with congress and other stakeholders to advance consensus-driven changes to current regulations that will make it easier to deploy capital to domestic small businesses. the bdc industry is growing rapidly, and modernizations made to how bdcs are regulated will help unleash more available capital to small businesses that normally cannot access it through bank financing alone. currently, bdcs have over $110 billion in outstanding debt investments in middle market businesses. this financing helps businesses expand and create jobs, providing much neede