Hercules Capital receives SBA approval for fourth SBIC license; adds $175M debenture capacity

Hercules Capital, Inc.

SBA approved Hercules' fourth SBIC license, providing access to $175M of long-term debentures.
Combined SBIC borrowing capacity now totals $350M across four licenses.
License is held by a subsidiary; will fund innovative technology and life sciences companies.
Hercules has utilized SBIC program since 2006; SEC exemptive relief excludes SBIC leverage from asset coverage limits.

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