Sherman Oaks, CA — SLR Digital Finance announced the closing of a $3 million senior secured accounts receivable credit facility for a rapidly growing digital streaming platform (the “Company”).

The Company operates a global streaming network that distributes original programming, films, and live channels across connected-TV, mobile, and OTT platforms. The platform monetizes its content through advertising partnerships and distribution across major FAST and digital streaming environments, reaching a broad and highly engaged audience.

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,” said Randy Mitzman, Managing Director at SLR Digital Finance. “We are pleased to provide a flexible receivables-based facility that aligns with the Company’s growth trajectory and supports its ongoing expansion.”

About SLR Digital Finance
SLR Digital Finance is the leading asset-based lender serving digital media companies looking for an alternative to traditional bank financing. SLRDF offers factoring and asset-based loans up to $250 million and finds ways to provide borrowers with maximum availability and flexibility. SLRDF serves advertising technology companies, publishers, ad networks, creative studios, agencies, and digital platforms.

SLR Digital Finance is a wholly owned subsidiary of SLR Business Credit, an SLR Investment Corp. company. [NASDAQ: SLRC].