VC  First United Venture Capital Corporation

http://dev-v2.firstunitedbank.usfi.com/bankin g/business-banking/SBIC.php





     Office Locations:

P.O. Box 130
Durant, OK 74702
Phone: 580-924-2211
Fax: 580-924-0916

 

Stages:

  • Expansion


 

Industries:

  • Information Technology

  •  

    Description:

    First United Venture Capital is a licensed Small Business Investment Company (SBIC) operating as a wholly-owned bank subsidiary. Headquartered in Durant, Oklahoma, First United provides capital to growing companies for acquisition and expansion. First United Venture Capital has the unique ability to draw upon bank resources and traditional bank products while strengthening target company capital structure through direct investment. The preferred investment range for an SBIC transaction would be from $100,000.00 to $500,000.00 with flexibility in structuring debt/equity instruments appropriate to a defined intermediate term exit strategy. First United places emphasis on investment in non-metropolitan operating companies, which complements the bank's commitment to support economic development in small communities in Oklahoma and Texas.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Bert Davison Chairman of the Board
    Stephen Phillips Executive VP & Chief Credit and Risk Officer

     

    Portfolio companies include:

     

    Recent News: