SLR Digital Finance (“SLRDF”) is pleased to announce the funding of a new senior secured credit facility for a sports podcast and digital streaming company.
The company delivers sports coverage for professional and college teams via podcasts and streaming platforms.
SLRDF’s financing provides the company with the working capital and flexibility needed to expand market coverage and manage working capital.
“We are thrilled to partner with this growing sports network and look forward to supporting the company’s continued growth. We have been impressed with the company’s leadership team and their vision in creating a new sports media company from the ground up in major markets throughout the US,” said Jeffrey Austin, SVP at SLR Digital Finance.
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.
SLRDF is a portfolio company of SLR Business Credit, a subsidiary of SLR Investment Corp. (NASDAQ: SLRC).
For more information, visit SLRDigitalFinance.com