Saratoga Investment Corp. is a publicly traded (NYSE: SAR) business development company (BDC) which provides customized financing solutions for middle market companies located in the United States. Saratoga’s senior investment professionals have over eighty years of combined experience investing more than $4 billion in middle market businesses.
Within the BDC, Saratoga manages both an SBIC-licensed subsidiary and a $400 million Collateralized Loan Obligation (CLO) fund. These diverse funding sources, combined with a permanent capital base, enable Saratoga to offer a broad range of financing solutions, including subordinated debt, first and second lien loans, one-stop and unitranche structures and equity co-investments.
As a solutions-oriented lender, Saratoga seeks to partner with business owners (equity sponsors, fundless sponsors, family-owned businesses) and management teams and craft capital structures that enable them to pursue their business plans.
Saratoga focuses on the lower end of the middle market, targeting US-based cash flow positive companies with annual revenues between $10 and $100 million and EBITDA in excess of $2 million.
Saratoga Investment Corp. Q&A
2012 © Saratoga Investment Advisors, LLC