Fund II

Fund II raised $21 million from Texas independent banks, allowing it to receive commitments from the SBA for up to an additional $42 million of investment capital. Fund I proved the concept of successful investing in the lower-middle market in Texas. There is a continued need for junior capital in this market segment. As we begin to build another successful portfolio, IBCF, with its experienced and cohesive management team, will continue to benefit from the attributes that made Fund I successful.