SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $2 million asset-based revolving line of credit to a provider of digital marketing services.
The proceeds of the credit facility were used to repay the bank and provide additional working capital for growth.
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].