A Step Toward Economic Recovery by James F. Cotter
A company that has a net worth of $18 million or less, and whose after-tax net income for the previous two years is not over $6 million, may be eligible for funding from an SBIC, or Small Business Investment Company. If your business does not qualify by these standards, it may still qualify as a small business by other criteria, such as employment or amount of annual sales, both of which standards vary from one industry to another.
