LOS ANGELES, CA – SLR Digital Finance LLC (“SLRDF”) is pleased to have provided a $60 million senior secured revolving credit facility to a leading digital media and publishing company known for its award-winning journalism, storytelling, and portfolio of premium brands.
The facility was used to refinance the company’s existing senior debt and to support ongoing working capital needs. The facility offers enhanced financial covenant flexibility and broader borrowing availability. SLRDF worked closely with the management team and its incumbent venture debt lender to structure a creative financing solution that aligns with the company’s seasonal working capital requirements.
This independent media platform is widely recognized for building some of the most respected editorial properties across major consumer categories — including technology, news, lifestyle, entertainment, food, sports, and pop culture — along with one of the largest podcast networks and an award-winning nonfiction production studio serving top TV and streaming partners.
“We’re thrilled to partner with this exceptional team in what we believe is the beginning of a long-standing relationship,” said Jeffrey Austin, Senior Vice President at SLR Digital Finance. “They’ve built a remarkable platform, and we’re excited to support their continued innovation and growth with a credit facility designed to provide both flexibility and certainty.”
About SLR Digital Finance
SLR Digital Finance 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 $250 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. To learn more, visit https://slrdigitalfinance.com.
SLR Digital Finance is a portfolio company of SLR Business Credit, a subsidiary of SLR Investment Corp. (NASDAQ: SLRC).