Britt Terrell moderated a panel presentation focused on the Independent Sponsor Industry at the SBIA-SBIC West Coast Conference, April 18-19. Panel participants were 2 independent Sponsors (1 PE, 1 Ops) and 2 Funds that fund Independent Sponsors (1 SBIC, 1 non-SBIC). Backbone has significant experience arranging financing support for Independent Sponsors. The audience was engaged and the discussion dynamic. I am happy to discuss this subject further as interested parties want.