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SLR Digital Finance Closes $10MM Line of Credit for Minority-owned Media Business

June 07, 2023, 07:41 AM
Filed Under: Media & Entertainment

SLR Digital Finance funded a $10 million credit facility for a minority-owned media business.

The company focuses on helping advertisers spend on minority-owned media platforms via their ad exchange and ad tech stack. The proceeds provide the company with additional working capital as the company scales the platform and continues to onboard new advertisers and agencies.

“We’re proud to partner with a company that is driving change in the industry and empowering minority-owned media companies and creators. We look forward to working with this experienced team as they accelerate their growth and continue to provide superior advertising results to their customers,” said Jeffrey Austin, SVP of Business Development at SLR Digital Finance.

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