| Financial Services Industry | Financials Sector | David Spreng CEO | NASDAQ (NGS) Exchange | 78163D209 CUSIP |
| US Country | 500 Employees | 14 Aug 2026 Last Dividend | - Last Split | 1 Aug 2022 IPO Date |
Runway Growth Finance Corp. operates as a closed-end investment company founded by Robert David Spreng on August 31, 2015, and is headquartered in Chicago, IL. Specializing in the provision of senior secured loans, the company targets businesses demonstrating high growth potential. Its focus areas include technology, life sciences, healthcare information and services, business services, select consumer services and products, and various other industries that show significant growth prospects. The aim of Runway Growth Finance Corp. is to facilitate the acceleration and expansion of promising companies by providing them with the necessary financial support in the form of secured loans.
Runway Growth Finance Corp. specializes in providing senior secured loans. These loans are offered to companies with high growth potential across several sectors, including technology, life sciences, and healthcare information and services, among others. By offering secured loans, the company ensures a level of safety for its investments, typically requiring collateral from borrowing companies. This type of financial product is designed to help growing businesses secure the necessary capital to expand operations, invest in research and development, or refinance existing debt under more favorable terms.