SBIA calls on Biden Administration to reinstate EBITDA standard

SBIA signs joint letter asking Treasury to include the issue in its FY23 Budget

March 14, 2022 (Washington, D.C.) – As a member of the Coalition for America’s Interest (EBITDA coalition), the Small Business Investor Alliance (SBIA) signed a joint letter to U.S. Treasury Secretary Janet Yellen and National Economic Council Director Brian Deese last week, asking that President Biden’s FY23 budget include an extension of the EBITDA standard.

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About the Small Business Investor Alliance

The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 60 years. For more information, visit www.SBIA.org or call (202) 628-5055.