by Henri Steenkamp | Apr 13, 2015 | Blog
Recently, Saratoga Investment received its “green light” letter from SBA for a second license. If granted a second license, Saratoga would be able to use 2-to-1 leverage, lower cost of capital and favorable terms inherent in the SBIC program to grow our asset base by...
by Henri Steenkamp | Apr 8, 2015 | Blog, Saratoga Posts
NEW YORK, April 6, 2015 /PRNewswire/ — Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment” or “the Company”), a business development company, is pleased to announce that the U.S. Small Business Administration (“SBA”)...
by Henri Steenkamp | Feb 19, 2015 | Blog
The History of BDCs: Part 2 As I discussed in part I of The History of the BDC Industry, the 1980 Amendments were intended to readjust the Investment Company Act established in 1940. The Act had restricted the amount of people allowed to mutually own funds in private...
by Henri Steenkamp | Feb 11, 2015 | Blog, Saratoga Newsletter
Dear Friends,We would like to update you on Saratoga’s progress, provide analysis of the middle market — and ask for your feedback to help fine-tune our ability to find opportunities that may be a better fit for you. We closed 15 investments in 2014 that...
by Henri Steenkamp | Jan 16, 2015 | Blog
We all know the three core responsibilities of a CFO, no matter where you work: Controllership duties: presenting accurate and timely historical financial data so informed decisions based on trends and past performance can be made. Treasury duties: deciding where to...
