SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED MORE THAN $75 MILLION IN IOWA OVER THE LAST 5 YEARS.
Small Business Investment Company Impact in Iowa
- SBICs have invested in 17 small businesses in Iowa since 2018.
- SBICs have invested more than $75.2 million in Iowa small businesses since 2018, with $11.6 million invested in FY 2022.
- Iowa businesses that received financing from SBICs in 2022 supported 199 employees, and that number is growing.
A sampling of the Iowa-based companies that have received SBIC financing:
Henderson Products, Inc. (Manchester)
Henderson Products is the North American leader in the design, manufacture and up-fit of multi-purpose equipment for heavy-duty work trucks specializing in snow and ice control, sold through independent dealers, and direct to government agencies.
Their products are used by an array of customers including state departments of transportation, cities, counties, townships and other governmental agencies. As a custom manufacturer, they have the unique ability to meet nearly any application and equipment specification their customers require. With six installation and service locations, Henderson Products ensures their customers the most complete snow and ice fighting solutions and service available.
- SBIC: Eagle Private Capital