Flat Rock Capital Corp. (“Flat Rock Capital”) is a private credit investment fund structured as a non-traded business development company (BDC) that offers the potential to generate income by originating loans to, and making debt investments in, U.S. middle market companies. Flat Rock Capital seeks to leverage our significant institutional backing and established relationships in the private equity market to develop attractive risk-adjusted returns.
Our investment objective is to preserve capital by mitigating risk while generating income from our debt investments.
Flat Rock Capital investment strategy focuses primarily on originating and making loans to, and making debt investments in, U.S. middle market companies. Capital will be used by portfolio companies to support growth, acquisitions, market or product expansion, refinancing and/or recapitalization.
- Flat Rock Capital invests 100% in floating-rate, senior secured first lien loans.
- Flat Rock Capital has a targeted dividend yield between 6.5% - 7.5%.
- Flat Rock Capital utilizes a Best-In-Class fee structure.
- Flat Rock Capital uses the term “middle market companies” to generally mean companies with earnings before interest expense, income tax expense, depreciation and amortization, or “EBITDA,” between $5 million and $75 million annually and/or annual revenue of $20 million to $500 million at the time of investment.