SLR Digital Finance Provides a $4 Million Line of Credit to a 2023 Inc. 5000 B2B Digital Marketing Company
May 1, 2024
Source: SLR Digital Finance LLC
SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $4,000,000 credit facility for a New York-based lead generation and digital marketing specialist, recognized as one of the fastest-growing private companies in America.
The recipient of the 2023 Inc. 5000 designation, the company is an industry leader in providing lead generation, content, display media, and targeted email campaign services to large enterprise software and technology companies. With over 300 employees worldwide, they continue to experience rapid revenue growth in 2024.
The $4 million credit facility is tailored to support the company's expansion and general working capital needs. Structured without warrants or financial covenants, the credit line allows for future credit limit increases over the three-year term, providing flexibility for continued growth.
Ashvin Viswanathan, VP of Business Development at SLR Digital Finance, commented, “SLR Digital Finance is pleased to support high growth digital advertising businesses, and our credit facilities are uniquely positioned to do so. We look forward to being a strong financial partner for the company.”
For more information, visit SLRDigitalFinance.com or contact Dan Tortoreillo at 609.917.6202 or DanT@SLRBusinessCredit.com.
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].
The recipient of the 2023 Inc. 5000 designation, the company is an industry leader in providing lead generation, content, display media, and targeted email campaign services to large enterprise software and technology companies. With over 300 employees worldwide, they continue to experience rapid revenue growth in 2024.
The $4 million credit facility is tailored to support the company's expansion and general working capital needs. Structured without warrants or financial covenants, the credit line allows for future credit limit increases over the three-year term, providing flexibility for continued growth.
Ashvin Viswanathan, VP of Business Development at SLR Digital Finance, commented, “SLR Digital Finance is pleased to support high growth digital advertising businesses, and our credit facilities are uniquely positioned to do so. We look forward to being a strong financial partner for the company.”
For more information, visit SLRDigitalFinance.com or contact Dan Tortoreillo at 609.917.6202 or DanT@SLRBusinessCredit.com.
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].