SLR Investment Corp. Announces Acquisition of Factoring Business
SLR Investment (SLRC) GlobeNewswire News Room·2024-09-30 21:00
NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- SLR Investment Corp.(NASDAQ: SLRC) (the "Company" or "SLRC") today announced that on September 27, its wholly-owned portfolio company, SLR Business Credit ("SLR-BC") acquired an asset-based factoring portfolio and operations from Webster Bank, N.A.'s Commercial Services Division ("Webster") in an asset purchase that includes a team of professionals and a seasoned portfolio. The factoring business specializes in providing financing solutions to middle-market compa ...