Monroe Capital (NASDAQ: MRCC) is a publicly traded business development company (BDC) specializing in providing asset-based lending and private credit solutions to lower middle-market companies. The firm structures tailored financing packages that may include senior secured loans, unitranche facilities, second-lien debt and equipment financing, often supplemented by equity co-investment. Monroe Capital’s approach emphasizes flexible, collateral-backed transactions designed to support working capital needs, growth initiatives, acquisitions and recapitalizations.
Since its inception in 2004, Monroe Capital has developed deep expertise across a range of industries, including manufacturing, business services, consumer products, healthcare, technology, energy and transportation. The firm leverages its strong relationships with regional banks, private equity sponsors and family offices to source proprietary deal flow and deliver customized financing structures. By focusing on companies with annual revenues typically between $10 million and $150 million, Monroe Capital aims to fill a niche often underserved by larger financial institutions.
Headquartered in Chicago, Illinois, Monroe Capital operates additional offices in Los Angeles, Philadelphia and Houston to serve borrowers throughout the United States and Canada. Over the years, the company has grown its investment platform and credit capabilities, attracted institutional capital and refined its underwriting processes. In March 2014, Monroe Capital transitioned into a listed BDC, broadening its investor base and establishing a regular source of capital for its lending activities.
Under the leadership of Chief Executive Officer David Saunders, Monroe Capital’s senior management team combines extensive commercial lending experience with specialized industry knowledge. The firm maintains a disciplined investment committee, robust risk management framework and dedicated portfolio monitoring group. Monroe Capital’s overarching goal is to deliver attractive risk-adjusted returns for shareholders by partnering with growing companies and providing the financing solutions necessary to support their strategic objectives.
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