Main Street Capital Receives 2011 SBIC of the Year Award
HOUSTON, May 20, 2011 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") was recently named the 2011 Small Business Investment Company ("SBIC") of the Year by the U.S. Small Business Administration ("SBA").
Vince Foster, Main Street's Chief Executive Officer, commented, "We are honored to be recognized by the SBA for this award. Main Street has been an active participant in the SBIC program for many years, and has been a strong advocate of the program's objectives for helping small businesses within the United States to develop and prosper."
The SBA annually presents the SBIC of the Year award to an SBIC program participant that demonstrates excellence in financial performance, as well as dedication to promoting the objectives of the SBIC program. To learn more about the SBIC program, please refer to the SBA website at www.sba.gov/inv. The 2011 SBIC of the Year award was presented to Main Street by the SBA as part of the National Small Business Week (www.nationalsmallbusinessweek.com) held this week in Washington, D.C.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies. Main Street's lower middle market investments are made to support management buyouts, recapitalizations, growth financings and acquisitions of companies that operate in diverse industry sectors and generally have annual revenues ranging from $10 million to $100 million. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street also maintains a portfolio of privately placed secured, interest-bearing debt investments in middle market businesses that are generally larger in size than its lower middle market portfolio companies.
Main Street Capital Corporation
Todd A. Reppert, President and CFO
SOURCE Main Street Capital Corporation
Released May 20, 2011