Welcome to Harvest Capital Credit Corporation
Harvest Capital Credit Corporation is a publicly traded Business Development Company (NASDAQ: HCAP) that provides customized financing to small and midsized businesses located throughout North America. Our products include senior secured debt, unitranche term loans, junior secured term loans, subordinated debt investments and minority equity co-investments. Our ability to invest in multiple layers of a company’s capital structure allows us to offer creative and flexible financing solutions. We seek to partner with owners and operators as well as private equity sponsors and other debt providers.
We will consider both cash flow-based financings for companies with a history of consistent profitability and opportunistic asset-based transactions in situations where collateral coverage mitigates recent operational under-performance. Our origination appetite includes transactions initiated by private equity sponsors as well as non-sponsored deals for companies with revenues of $10 million to $100 million. We intend to directly originate transactions but will also consider syndicated or club transactions.
Investments usually take the form of subordinated debt, junior secured term loans, unitranche term loans and, to a lesser extent, senior secured term loans. We will also consider minority equity investments alongside a portfolio company’s ownership and/or private equity sponsor.
We seek to make debt investments ranging in size from $2.0 million to $15.0 million, or larger amounts through our limited partner relationships, and equity co-investments of up to $1.0 million.
Why Harvest Capital Credit?
Flexibility. With the ability to invest in multiple layers of a company’s capital structure, we can provide creative and flexible financing solutions.
Reliability. We provide company owners and sponsors with a high likelihood of execution. Our investment committee pre-screens each funding opportunity at an early stage, increasing the probability of a favorable outcome as the investment process unfolds.
Responsiveness and Timeliness. Our ability to respond quickly to your needs sets us apart from the competition. No frustrating chain of approval. No red tape. Just a streamlined decision-making process designed to give you what you need—a quick answer.
Trust. We believe trust is the most fundamental building block of a relationship, and we endeavor to not only earn our clients’ trust, but to keep it—with honesty and integrity in all we do.