SLR Digital Finance LLC (“SLR Digital Finance”) announces the funding of an asset based revolving credit facility for a video advertising technology company.
The proceeds provide the company with additional working capital and support future growth opportunities as the company scales the platform and continues to onboard new advertisers and agencies.
“The company has developed a dynamic set of video advertising tools that allow marketers to reach consumers across premium streaming options at scale,” said Jeffrey Austin, SVP of Business Development. “The company was seeking a financing partner that understands the media industry and could provide a flexible solution with added liquidity to support growth and new operating initiatives.”
SLR Digital Finance has extensive experience financing digital media and ad tech companies.
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, please visit slrdigitalfinance.com