Stocks to Watch – Full Circle Capital Corp. (Public, NASDAQ: FULL)

Full Circle Capital Corporation (Full Circle Capital) generates both current income and capital appreciation through debt and equity investments. It is primarily a non-diversified closed-end management investment company. The Company mainly invests in asset-based senior secured loans, mezzanine loans and equity securities issued by smaller and lower middle-market companies that operate in a diverse range of industries, with a focus on the media, communications and business services industries.

Moreover, the Company’s investments would range in size from $3 million to $10 million. It focuses primarily on senior secured loans and stretch senior secured loans. Its investments also include mezzanine, subordinated or unsecured loans. The Company’s investment adviser is Full Circle Advisors, LLC and its administrator is Full Circle Service Company.

The Company’s lending activities are focused on portfolio companies with both tangible and intangible assets available as collateral and security against its loan, and cash flow to cover debt service. It seeks to invest in smaller and lower middle-market companies.

The Company is known as an externally managed investment company which was elected to be treated as a business development company under the Investment Company Act of 1940. Full Circle invests primarily in smaller and lower middle-market companies that operate in a diverse range of industries, with a specific focus on the media, communications and business services industries where we believe we have particular expertise.

The Company’s portfolio focuses on the following:

• Tangible and intangible assets available as collateral and security against our loan to help mitigate our risk of loss
• Cash flow to cover debt service.

Full Circle is mandated to provide borrowers with flexible financing solutions designed to best fit with each borrower’s growth and value creation objectives. The Company offers financing supported by accounts receivable and inventory. Moreover, it provides a range of financing solutions for asset purchases in existing market as well as expansion to new markets. The lending activities cover areas in North America.

Full Circle provides funds for those who are developing new assets. It can structure funding to match the client’s capital needs. The Company’s multi draw term loan and revolving credit facilities allow you to efficiently meet both short-term and long-term capital requirements.

Full Circle Capital Corp. (Public, NASDAQ: FULL) 52 week:  6.09 – 8.85   Mkt cap: 50.44M Shares: 6.22M