SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $10 million credit facility for a minority-owned media business.
The company focuses on helping advertisers spend on minority-owned media platforms via their ad exchange and ad tech stack. The proceeds provide the company with additional working capital as the company scales the platform and continues to onboard new advertisers and agencies.
“We’re proud to partner with a company that is driving change in the industry and empowering minority-owned media companies and creators. We look forward to working with this experienced team as they accelerate their growth and continue to provide superior advertising results to their customers,” said Jeffrey Austin, SVP 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. For more information, visit slrdigitalfinance.com.
SLRDF is a wholly owned subsidiary of SLR Business Credit, an SLR Investment Corp. [NASDAQ: SLRC].