SLR Digital Finance funded a $15 million credit facility for a broadcast television, radio station and digital streaming network operator.
The company owns and operates multiple TV and radio stations, as well as several digital streaming platforms to distribute a catalogue of original programming worldwide. The proceeds provide the company with additional working capital to invest in new content, distribution channels and strategic initiatives.
“We are excited to help support the company’s continued investment in original content that caters to one of the most sought-after segments of the U.S. consumer market. We look forward to working with this experienced management team as they accelerate growth and provide superior advertising results to their clients,” Ashvin Viswanathan, vice president of business development at SLR Digital Finance, said.
