SLR Digital Finance closed a $3 million senior secured accounts receivable credit facility for a growing digital streaming platform.
The new facility provides additional liquidity to support the company’s working capital needs and continued growth, including expansion of its advertising partnerships and content distribution footprint.
“Streaming platforms continue to benefit from strong audience engagement and increasing demand from advertisers seeking targeted reach across connected TV,” Randy Mitzman, managing director at SLR Digital Finance, said. “We are pleased to provide a flexible receivables-based facility that aligns with the company’s growth trajectory and supports its ongoing expansion.”
