SLR Digital Finance Provides $500,000 Accounts Receivable Credit Facility to Digital Media Startup
SLR Digital Finance (SLRDF) is pleased to announce the funding of a $500,000 accounts receivable credit facility for a digital media startup.
The company provides programmatic advertising services, helping brands and agencies optimize ad spend across online video, connected TV, audio streaming, and social media.
The funding strengthens the company’s working capital position as they begin to work with larger agencies with longer payment terms.
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].