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), a business development company (“BDC”), announced that President and Chief Executive Officer Allen F. (“Pete”) Grum will ring the Nasdaq closing bell today at 4:00 p.m. ET in celebration of 50 years of trading on the Nasdaq Stock Market. “We are excited to celebrate this important milestone in our corporate history,” commented Mr. Grum. “This period also marks an important step in our transformation… Read More
