SLR Digital Finance completed a $2 million three-year accounts receivable based credit facility for Alpha Precision Media, an advertising technology company providing managed service campaigns across the Amazon Ads ecosystem.
Alpha is the only certified Minority-owned Business Enterprise with full-platform access across the Amazon ecosystem.
The proceeds will be used to refinance existing debt and to provide the business with additional working capital as they continue to onboard new advertisers and agencies.
“From the very beginning, working with the Alpha team has been an absolute pleasure,” Jeffrey Austin, SVP of business development at SLR Digital Finance, said. “Alpha is in a fantastic position to continue their growth trajectory across the Amazon Ads ecosystem. We are excited to be part of their future and are thrilled to have a role in their continued success.”
“Our arrangement with SLR Digital Finance is an important step forward for Alpha Precision Media,” Larry Harris, CEO of Alpha Precision Media, said. “Their knowledge of the media industry, depth of their database and their understanding of our business is unmatched. They have the capacity to contribute to our success in ways far beyond providing capital. We are fortunate and excited to be associated with SLR.”
