SLR Digital Finance funded a $2 million asset-based revolving credit facility for a mobile media and advertising technology company headquartered in New York City. The facility incorporates tiered pricing to match and refinance an SBA loan and allows for additional growth under the revolving line of credit.
“We were able to structure a facility that provides the company with greater flexibility and incremental liquidity to support its growth strategy,” Jeffrey Austin, senior vice president of business development at SLR Digital Finance, said. “The company has a proven management team and strong position in the mobile media market, and we look forward to working with them.”
