Great Elm Capital Corp Preferred Stock 8.5% 04/30/29 (GECCI)
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Great Elm Capital Corp Preferred Stock 8.5% 04/30/29 Profile
| Capital Markets Industry | Financials Sector | Jason W. Reese CEO | NASDAQ (NMS) Exchange | 390320885 CUSIP |
| US Country | - Employees | 15 Jun 2028 Last Dividend | - Last Split | - IPO Date |
Overview
Great Elm Capital Corp. is a distinguished business development company focused on fostering growth and offering financial solutions to middle market companies. The organization is adept in managing a diverse investment portfolio, with a significant emphasis on loan and mezzanine financing. Their investments primarily target companies that operate within media, commercial services and supplies, healthcare, telecommunication services, and communications equipment sectors. By concentrating on middle market companies, Great Elm Capital Corp. is positioned to meet the unique financial needs of these businesses, offering them the capital necessary to expand, innovate, and achieve their strategic goals.
Products and Services
- Loan and Mezzanine Financing
Great Elm Capital Corp. specializes in providing loan and mezzanine financing options to middle market companies. This type of funding is crucial for businesses that are looking to expand operations, embark on new projects, or refinance existing debts. The flexible nature of these financial products allows companies to leverage their growth opportunities without diluting ownership.
- Middle Market Investments
The focus on middle market investments enables Great Elm Capital Corp. to cater to a niche market segment - companies that are often overlooked by larger financial institutions. These investments demonstrate a commitment to supporting the growth and development of these businesses, ensuring they have access to necessary capital to thrive in competitive markets. By investing in debt instruments of these companies, Great Elm helps stabilize their financial foundation and fosters long-term success.
- Equity Investments
In addition to debt financing, Great Elm Capital Corp. also makes targeted equity investments ranging between $3 million and $10 million. These investments are selectively made in companies with annual revenues of $3 million to $75 million. By acquiring stakes in promising middle market companies, Great Elm not only supports these businesses financially but also gains a vested interest in their growth and profitability, aligning the company’s success with the interests of its investors.
