SLR Investment Corp. Expands Its Portfolio with Acquisition of Factoring Business

SLR Investment Corp. SLRC, a renowned business development company, has made a significant stride in expanding its services by acquiring a factoring business portfolio. This development was declared public on September 30, 2024, emphasizing SLR’s commitment to diversifying its investment portfolio. SLR Business Credit (SLR-BC), a fully owned subsidiary of SLRC, completed the purchase of an asset-based factoring portfolio and operations from Webster on September 27.

Strategic Growth Through Acquisition

The acquisition aligns with SLR’s specialist approach to investment, emphasizing secure debt and strategic income-centric capital ventures within leveraged middle market companies. By incorporating the newly acquired factoring business, SLR-BC aims to enhance its service offerings and solidify its market position. This move reflects the company's continuous quest for opportunities that promise both expansion and profitable returns for shareholders.

Impact on SLR’s Market Position

This acquisition could potentially bolster SLRC's already diverse array of investment options, which typically include first and second lien debts, subordinated debt, and minority equity stakes. The addition of a factoring portfolio, commonly used by businesses to manage cash flow by selling their invoices at a discount for immediate cash, complements SLR's existing strategic capital investment strategies by adding a stable revenue stream in the credit sector.

Acquisition, Expansion, Portfolio