Skip to content


Small Business Investment Company Impact in Georgia

  • SBICs have invested in 161 small businesses in Georgia since 2018.
  • SBICs have invested $863 million in Georgia small businesses since 2018, with $181 million invested in FY 2022 alone.
  • Georgia businesses that received financing from SBICs in 2020 supported 4,784 employees, and that number is growing.

A sampling of the Georgia-based companies that have received SBIC financing:

afterBOT, Inc. (Norcross)

afterBOT is a provider of business management solutions for the retail industry. The company’s digital receipt technology allows retailers, vendors, consumers, and third parties to access electronic receipts, including information such as who bought what, when, where, for how much, and method of payment.

  • SBIC Investment: $8,057,957


Conger & Elsea, Inc. (Kennesaw)

Conger-Elsea offers services in training, consulting, and software support in the areas of system safety, risk analysis, and safety behavior to customers in the United States, Canada, and internationally. The company offers risk analysis consulting services, such as identifying, analyzing, evaluating, and advising on matters of risk and preparing a commercial nuclear plant for startup. Their specialized software, MAPS (Mishap Analysis and Prevention System), includes analytical tools for identifying root causes of accidents and evaluating safety or management systems.

  • SBIC Investment: $3,000,000


FutureTech Holding Company (Atlanta)

FutureTech enhances the value of the healthcare providers it works with by optimizing their revenue cycle and by providing IT infrastructure services. FutureTech’s IT Enabled Services covers operations that utilize information technology to improve organizational efficiency. These services include call centers, medical transcription, medical billing and coding, back office operations, revenue claims processing, legal databases, content development, payrolls, logistics management, HR services, and web services.

The company’s Financial Services division delivers accounts receivable management and customized business process outsourcing services. Marquee clients include industry leaders such as Nissan, Verizon, US Cellular, Mercedes, Reliable Credit, TDS Telecom, Snohomish County, the Georgia Department of Revenue, Kaiser Permanente, JP Morgan Chase, Radian and the University of Wisconsin.

FutureTech’s Healthcare Revenues Cycle Management Services division provides business office outsourcing services to healthcare facilities, physicians groups, and individual doctors. The service offerings include insurance verification, third-party insurance billing, insurance accounts receivable follow-up, self-pay/bad debt collections and various ad hoc services to enhance revenue for healthcare providers across the U.S. The company’s Healthcare division maintains a GSA schedule as a prime vendor to the federal government and is the largest provider of this type of service to the federal government / VA Hospitals.

  • SBIC Investment: $13,464,406


Universal Environmental Services, LLC (Peachtree City)

Universal Environmental Services, LLC provides used oil, used oil filters, and spent anti-freeze collection and recycling services. Universal collects used oil from a variety of generators including automobile dealerships, quick-lube locations, and service stations; processes the oil to remove impurities; and resells it to large industrial consumers as an alternative fuel source.

  • SBIC Investment: $15,149,877