Ponce Financial Group (NASDAQ:PDLB) (NASDAQ:PDLB) is a specialty finance company that provides bespoke financing solutions to lower-middle-market businesses in the United States. Originally founded in 2007 under the name Portfolio Solutions, the firm repositioned itself as Ponce Financial Group in 2020 to reflect its broader capital markets focus. As a closed-end management investment company operating as a business development company (BDC), Ponce Financial Group seeks to capitalize on direct lending opportunities by targeting companies with EBITDA of $2 million to $25 million.
Through its internal origination and underwriting platform, Ponce Financial Group structures credit and equity investments, including senior secured loans, unitranche facilities, equipment financing, mezzanine debt and equity co-investments. Its portfolio spans a diverse range of industries such as manufacturing, healthcare, energy and business services. By delivering flexible capital solutions, the firm aims to support growth initiatives, refinance existing debt and fund acquisitions for its portfolio companies.
While Ponce Financial Group primarily focuses on the domestic U.S. lower-middle market, it maintains capabilities to serve select international segments, including Puerto Rico and other U.S. territories. The company’s management team leverages deep industry relationships and market insights to source, diligence and monitor investments. Its credit professionals employ rigorous risk management and active portfolio oversight to seek attractive risk-adjusted returns.
The leadership team is composed of seasoned executives with extensive experience in credit analysis, corporate finance and capital markets. Supported by an advisory board of industry veterans, Ponce Financial Group emphasizes disciplined credit underwriting, transparent governance and alignment of interests. Through its targeted investment strategy, the company positions itself as a strategic financing partner to mid-sized enterprises across a variety of sectors.
