Saratoga Investment Corp
Listed BDC lending through multiple SBIC subsidiaries.
SBIC & Government-BackedFirmUnited States
Target market
U.S. middle-market and lower-middle-market companies
Geography
United States
Overview
Saratoga Investment Corp (NYSE: SAR) is a publicly traded BDC providing customized debt financing to U.S. middle-market companies, in large part through its SBA-licensed SBIC subsidiaries. It has held three SBIC licenses over time and also manages CLO and joint-venture credit funds alongside its direct lending book.
Key facts
- Publicly traded BDC (NYSE: SAR)
- Approved for its third SBIC license, adding up to $175M of leverage
- SBIC debentures capped at $350M across active licenses