Investing in All of America Act of 2025

Expands federal support for small business investment by raising how much licensed Small Business Investment Companies can borrow. The bill increases borrowing limits to $475 million for multiple funds under common control and $350 million for a single fund.

Limits how firms can exclude certain funds when calculating borrowing capacity. The bill bars counting government-sourced money toward these exclusions and caps exclusions at either 50 percent of private capital or $125 million, whichever is lower.

Affects investment firms that finance small businesses by tightening rules on leverage while allowing larger overall borrowing. Changes aim to increase available capital for small businesses while restricting how firms structure their funding to qualify for higher borrowing.