Resources

As you consider your financial future, explore how income investing can play a pivotal role in achieving your goals. Start evaluating your options today, and take the first step towards building a portfolio that provides reliable income and peace of mind.

Dividend investing, a strategy often favored by both novice and seasoned investors, revolves around building a portfolio that creates steady income streams through regular dividend payments.

Here, we will take a closer look at a prominent list of BDC companies.

Here, we will compare and contrast REITs vs BDCs to help you determine which investment option addresses your financial goals and risk tolerance.

Exploring an REIT alternative may involve direct ownership of real estate properties – either individually or through partnerships, syndications, or real estate crowdfunding platforms. This approach allows investors greater control over their investments, potential tax advantages, and the ability to personalize their investment strategies based on their unique goals and risk tolerance.

Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.73 per share for the fiscal fourth quarter ended February 29, 2024, an increase of $0.01 from $0.72 per share in the prior fiscal third quarter, and the sixteenth quarterly dividend increase in a row. Total dividends for fiscal year 2024 are $2.85 per share, an increase of 16.8% over the prior year. This fourth quarter dividend is payable on March 28, 2024, to all stockholders of record at the close of business on March 13, 2024.

Saratoga Investment Corp. is a New York-based business development company (BDC) that provides debt financing and equity capital to middle market companies. The BDC is listed with the NYSE ticker symbol “SAR” and has been managed since 2010 by Saratoga Investment Advisors, LLC, an affiliate of Saratoga Partners, which was founded almost 40 years ago as a division of the New York investment firm Dillon, Read & Co. Saratoga Partners has been an independent firm since its spinoff from Dillon Read in the 90s.

Navigating the complex landscape of corporate finance demands a keen understanding of the distinct facets presented by mezzanine debt and senior debt. At first glance, these terms might seem interchangeable, but beneath the surface lies a dichotomy that profoundly influences a company's financial trajectory.

In the corporate world, business acquisitions stand as pivotal milestones. While the term "business acquisition" is commonplace, it often conceals the intricate details and strategic significance behind this corporate endeavor.

In this comprehensive guide, we will walk through the realm of baby bonds, exploring their structure, benefits, and considerations. Get ready to uncover what makes this investment option a top pick among savvy investors.

Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2024 fiscal first quarter, with Net Investment Income (“NII”) per share up 67% and 105% over last quarter and last year’s first quarter, respectively, and adjusted NII per share up 10% and 104%, respectively, over those same periods.

Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2023, on Monday July 10, 2023, after market close.

Recapitalization is a powerful financial strategy that can help companies improve their financial performance and reduce their risk all while creating value for their shareholders.

Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.70 per share for the fiscal first quarter ended May 31, 2023, an increase of $0.01 from $0.69 per share in the prior fiscal fourth quarter, and the thirteenth quarterly dividend increase in a row. This dividend is payable on June 29, 2023, to all stockholders of record at the close of business on June 13, 2023.

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal year and fourth quarter, with Net Investment Income (“NII”) per share up 69% over both last year and last year’s fourth quarter, and adjusted NII per share notably up 27% and 85%, respectively, over those same periods. This increase in earnings reflects the improving margins, primarily from rising rates on Saratoga Investment’s floating rate assets, which comprise approximately 89% of the Company’s assets under management, and the largely fixed interest rates paid on financing liabilities.

This guide will provide a comprehensive overview of delayed draw facilities, including what they are, how they are structured, and the advantages they offer for borrowers.

Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter and year ended February 28, 2023, on Tuesday May 2, 2023, after market close. A conference call to discuss the financial results will be held on Wednesday May 3, 2023. Details for the conference call are provided below.

Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”). The Company also announced that it has received an investment grade rating of “BBB+” from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

n recent years, Software as a Service (SaaS) has emerged as a leading technology sector. The market was recently valued at $251.17 billion last year, but is expected to increase to upwards of $883.34 billion by the end of 2029. This rapid growth indicates the robustness of the SaaS market and demonstrates how quickly SaaS companies are evolving and pushing the boundaries of what's possible in their industry.

NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.69 per share for the fiscal fourth quarter ended February 28, 2023, an increase of $0.01 from $0.68 per share in the prior fiscal third quarter.

In the business world, big dreams and hard work can only get a company so far. Companies, especially smaller and newer businesses, need financial support to successfully execute their growth plans. Yet these promising enterprises rarely obtain capital from traditional banking institutions, which favor established corporations.

Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal third quarter, with Net Investment Income (“NII”) per share notably up 30% over the prior quarter and up 84% over the year ago quarter, and Adjusted NII per share up 33% and 45%, respectively, over those same periods.

Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended November 30, 2022, on January 10, 2023, after market close.

While mega-corporations and big businesses often make the largest splash in the news, in reality, small and medium-sized enterprises (SMEs) contribute significantly to global economies.

NEW YORK, NY (December 5, 2022) – Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $52.5 million in aggregate principal amount of 8.125% unsecured notes due 2027 (the “Notes”).

NEW YORK, NY, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”).

Small and medium-sized enterprises, or SMEs, form the foundation of our global economy. They represent 90 percent of all businesses and employ more than 50 percent of the world’s workforce, according to the World Bank.

Subordinated debt has a variety of implications for growing businesses. Also known as junior debt, it can be used to fund expansions, acquisitions, and other projects like customer outreach and employee recruitment.

NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.68 per share

NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has priced a $400 million CLO called Saratoga Investment Corp Senior Loan Fund 2022-1 Ltd. (“SLF 2022”) on September 30, 2022.

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2022, on October 4, 2022, after market close.

Press Release: NEW YORK, August 29, 2022 -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend

After several slow-paced years, the rate of mergers and acquisitions skyrocketed in 2021. Fighting through a wave of pandemic-related setbacks, business owners saw historic growth and opportunities to expand their operations.

Junior debt is an increasingly popular means for small to medium-sized enterprises (SMEs) interested in growth initiatives. Also referred to as subordinated debt, junior debt allows business owners to focus on the future of their companies.

A robust range of products, services, technology, and expertise make for strong, profitable businesses. Smart business owners know that a merger is one way to diversify a company’s portfolio and explore new territory.

Every business owner understands the importance of growth. Whether expanding a customer base, creating a new product line, acquiring assets, or transitioning to a larger office space, growth allows businesses to flourish.

Chris Oberbeck was recently featured on The Navigator Podcast with Chuck Jaffe, listen to the podcast episode here.

Many businesses don’t think about expansion financing until their backs are against the wall, but we think it should be on your radar before things get to that point.

Buying out a business partner doesn't have to be awkward or stressful. Read this guide to learn how you can navigate the process with ease.

Securing financing for a partner buyout can seem challenging, especially when you haven't done it before. Click here to learn about all of your options.

Equity co-investments are an interesting option that more and more businesses are considering. Click here to learn all about them.

Second lien loans are not well-understood, despite being a powerful option for many businesses. Click here to learn all about them.

SBIC funds can make a big impact on the overall health and trajectory of your business. Click here to learn about the process and what options you have.

If you're planning a buyout, getting a buyout agreement in place is essential. But how do they work exactly? Click here to find out.

Many businesses need to seek out growth financing at one point or another. Click here to learn more about it.

Business to business loans can be an incredibly useful option for a variety of companies. Read this guide to learn more.

Navigating a management buyout doesn't have to be hard. Click here to learn about them, and how to secure financing.

Leveraged buyout financing is a unique option that many businesses aren't aware of. Click here to learn what makes it so useful.

Acquisition financing can be an incredibly helpful option for a wide range of businesses. Click here to find out more.

Alternative lending is a powerful financing option for many businesses. Click here to learn everything you need to know.

Non-amortizing loans are an option that many businesses overlook. Read this guide to find out why they're so useful.

There are many different types of debt financing you can consider. Read this article to learn about each one.

Venture debt term sheets can seem complicated and intimidating. Use this resource to gain a complete understanding and navigate deals with confidence!

Mezzanine debt and financing is an interesting option for a growing number of businesses. Read this guide to learn why.

There are a number of interesting alternatives to venture capital that you can use to grow your business. Click here to learn what they are.

Revenue-based financing is something many businesses are taking advantage of. Read this guide to learn what it is, and why it's so useful.

Venture debt is an interesting financing option for many companies. Click here to learn what it is, why it's beneficial, and how to choose a lender.

Unitranche debt is an interesting loan structure that offers a handful of unique benefits. Click here to find out what they are.

Non-dilutive funding is an option that more and more business owners are taking advantage of. Click here to learn what it is, and how it can benefit you.

Private debt can be a powerful tool for investors and companies to leverage. Learn about the current market and the advantages this type of investing can bring.

More and more businesses are turning to direct lending solutions as a source of capital. Click here to find out why.

If larger, long-established corporations rely on bank loans to fund their growth plans, and startups rely on angel investors and venture capital, what options are available to those businesses in between?