Profile: Full Circle Capital Corp (FULL.O)
24 Nov 2015
Full Circle Capital Corporation (Full Circle Capital), incorporated on April 16, 2010, is an externally managed non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company's investment advisor is Full Circle Advisors, LLC.
The Company invests primarily in senior secured loans and, to a lesser extent, second lien loans, mezzanine loans and equity securities issued by lower middle-market and middle-market companies that operate in a range of industries. The Company in its lending activities focuses primarily on portfolio companies with both tangible and intangible assets available as collateral and security against its loan to mitigate its risk of loss, and cash flow to cover debt service. The Company's investments include equity investments, and debt investments, such as first lien loans, second lien loans and unsecured loans.
The Company's first lien loans have terms of 2 to 5 years and provide for a variable interest rate. Its second lien loans have terms of five to seven years and provide for a fixed or floating interest rate. Its unsecured loans have terms of five to seven years and provide for a fixed interest rate. As of June 30, 2015, the Company had invested in industries, including asset recovery services, beverages, cable television/broadband services, consumer financing, equipment rental services, healthcare services, industrial metal treating, information and data services, information retrieval services, outdoor advertising services, radio broadcasting, geophysical surveying and mapping services, energy efficiency services, munitions, food distributors and wholesalers, aerospace parts plating and finishing, staffing services, medical transcription services, art dealers, real estate management services, and financial services, among others.
Full Circle Capital Corp
102 Greenwich Ave Ste 2
GREENWICH CT 06830-5547