2. LEAGUE SELECTION. Game choice is really critical, particularly for novices. If you're a beginner, you in all likelihood don't want to join an advanced stakes fantasy NASCAR league comprised of fantasy NASCAR experts.
A BDC is a type of closed-end fund that makes investments in developing companies and firms that are financially distressed. The U.S. Congress created BDCs in 1980 to assist emerging U.S. businesses in raising funds and fuel job growth.
A company must be registered in compliance with Section 54 of the Investment Company Act of 1940 to qualify as a BDC. A major difference between a BDC and a venture capital fund is that BDCs allow smaller, non-accredited investors to invest in startup companies.