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SLR Digital Finance Closes $3MM ABL Facility for Video Ad Tech Company

September 19, 2023, 06:07 AM
Filed Under: Advertising

SLR Digital Finance funded an asset-based revolving credit facility for a video advertising technology company.  

The proceeds provide the company with additional working capital and support future growth opportunities as the company scales the platform and continues to onboard new advertisers and agencies.

“The company has developed a dynamic set of video advertising tools that allow marketers to reach consumers across premium streaming options at scale,” said Jeffrey Austin, SVP of Business Development. “The company was seeking a financing partner that understands the media industry and could provide a flexible solution with added liquidity to support growth and new operating initiatives.”

SLR Digital Finance has extensive experience financing digital media and ad tech companies.

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