Growth OpportunitiesManagement sees 'compelling investments' and, with low leverage, views SLRC as being 'positioned very favorably' to take advantage of growth opportunities.
Investment And AcquisitionThe BDC invested another $30 million into SLR Business Credit to fund the acquisition of a factoring business from Webster Bank, its fourth tuck-in.
Portfolio QualitySLRC's investment portfolio has many favorable attributes: high quality, first lien, and floating rate, with 78% of its loans in lower-risk, higher-yield specialty commercial finance niches and only one small non-accrual.