Business Development Company (BDC) Funds Overview

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What is a BDC?

A business development company, or BDC, is a closed-end investment company that was created by Congress in 1980 in order to assist middle market companies to meet their capital needs and grow. Most BDCs are publicly traded, but some BDCs are often private vehicles.  BDCs can help investors generate current income, offering access to institutional loan investments. Some BDCs are offered privately, which makes them similar to private institutional funds in the sense that they do not have a daily fluctuating market price. At the same time, they have investor-friendly features that can make them more appealing than an institutional fund, such as smaller minimum investment amounts, shorter hold periods, and 1099 reporting. Other BDCs are publicly traded companies, which can be helpful from the standpoint of accessibility.

Monroe Capital Private BDC: Monroe Capital Income Plus Corporation Overview and Objective

Monroe Capital Income Plus Corporation is a continuously offered private vehicle, or a private BDC, with a 5-year track record specifically designed for registered investment advisors and high net worth investors. Income Plus is a senior secured direct lending strategy with a focus on current income generation by investing in primarily lower-middle-market loans across multiple industries. Aligned with the overall Monroe strategy, the focus is on sponsored and non-sponsored borrowers with EBITDA between $3-$35 million and located in the U.S. and Canada.

Visit Monroe Capital Income Plus Publicly Filed Materials

EDGAR Entity Landing Page (sec.gov)

Monroe Capital Public, Non-Traded BDC: Monroe Capital Enhanced Corporate Lending Fund (MLEND)

MLEND is Monroe Capital’s public, non-traded BDC which seeks to provide attractive risk-adjusted returns through current income and capital preservation. MLEND gives investors the opportunity to access our flagship direct lending strategy. Focusing on lower middle market companies across the U.S., we leverage our deep sourcing relationships and underwriting experience. This means we can provide access to a diversified set of industries that have minimum cyclicality risk, including technology and software, business services, and healthcare sectors. MLEND seeks to provide strong, consistent income coupled with portfolio stability and principal protection. It also offers monthly subscriptions, potential quarterly liquidity windows and 1099 reporting. Investors can access the same types of investments we deliver to our institutional clients, but at lower minimums and with more flexible liquidity terms.

Visit MLEND Website

www.monroemlend.com

Public BDC: Horizon Technology Finance Corporation (NASDAQ: HRZN)

Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio’s return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments.

Visit Horizon Technology Finance Corporation Website

www.horizontechfinance.com

Contact:

Cooper Rey
Managing Director, Wealth Business Development - Head of Broker-Dealers
(347) 797-3464
crey@monroecap.com

Anton Marinchik
Managing Director, Wealth Business Development - Head of RIAs
(646) 974-3307
amarinchik@monroecap.com