Funding Small, Growing Businesses for Over 50 Years
Rand Capital is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC). The Company’s investment objective is to maximize total return to its shareholders with current income and capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries.
Investing in and Assisting Entrepreneurs
Our Small Business Investment Company (SBIC) license provides us access to long-term, low interest, fixed rate loans from the U.S. Small Business Administration (SBA).
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BUFFALO, N.Y.--(BUSINESS WIRE)-- Rand Capital Corporation (Nasdaq: RAND) (“Rand”), a business development company (“BDC”), announced today that its Board of Directors declared its regular quarterly cash dividend distribution of $0.10 per share. The cash dividend will be distributed on or about September 16, 2021, to shareholders of record as of September 2, 2021. At June 30, 2021, Rand had approximately 2.6 million shares outstanding. Additional Information Regarding Dividend… Read More
