NEW YORK, July 18, 2023 – SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $5 million credit facility for an internet publisher focused on lifestyle and design content for their readers.
The recipient company, which operates a highly curated website featuring blog-style articles, design inspirations, and a relevant product catalogue, will utilize the proceeds to enhance their working capital and pursue strategic initiatives.
“SLR Digital Finance has demonstrated its unwavering commitment to supporting the digital advertising ecosystem, particularly in the face of tightening credit markets. With a decade of industry experience, we can support these businesses with capital in excess of typical bank models.” said Ashvin Viswanathan, VP of Business Development at SLR Digital Finance.
About SLR Digital Finance
SLR Digital Finance (SLRDF) is the leading asset-based lender serving digital media companies looking for an alternative to traditional bank financing. SLRDF offers factoring and asset-based loans up to $100 million and finds ways to provide borrowers with maximum availability and flexibility. SLRDF serves advertising technology companies, publishers, ad networks, creative studios, agencies, and digital platforms.
SLRDF is a wholly owned subsidiary of SLR Business Credit (an SLR Investment Corp company; NASDAQ: SLRC).
For more information, visit slrdigitalfinance.com