SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $15 million credit facility for a broadcast television, radio station, and digital streaming network operator.
The company owns and operates multiple TV, radio stations, and digital platforms with a proprietary catalogue of original programming that is distributed by the company worldwide.
The proceeds provide the company with additional working capital to invest in new content, distribution channels, and strategic initiatives.
“We are excited to help support the company’s continued investment in original content, that caters to one of the most sought-after segments of the U.S. consumer market. We look forward to working with this experienced management team as they accelerate growth and provide superior advertising results to their clients,” said Ashvin Viswanathan, VP 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.
SLRDF is a wholly owned subsidiary of SLR Business Credit (an SLR Investment Corp company; NASDAQ: SLRC).
For more information, visit slrdigitalfinance.com.