Brief: Rand Capital says completed and filed license application to U.S. Small business administration

Rand Capital

12/04/2017 14:02

April 12 (Reuters) - Rand Capital Corp  RAND.O  
    * Rand Capital Corp - completed and filed its license 
application to U.S. small business administration to form a new 
small business investment company 
    * Rand Capital Corp says if approved, license will provide 
Rand with a source of attractive long-term capital through use 
of SBA debentures 
    * Rand Capital - sees contributing $7.5 million of existing 
capital to second small business investment co & receiving 
approval for upto $15 million in debentures 
 
Source text for Eikon:  ID:nMKWt5NcPa  
Further company coverage:  RAND.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))