Monroe Capital Corporation Overview
Pro stress-test →Monroe Capital Corp is a specialty finance company focused on providing financing to lower middle-market companies in the United States and Canada. The company provides customized financing solutions focused on senior, unitranche, and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants.
Strategic Profile
Pro stress-test →MRCC is restructuring via an asset sale and merger that will end its standalone BDC status, whereby it will sell its investment assets for cash at fair value and then merge into Horizon. A special stockholder meeting was scheduled for March 13, 2026 to seek approval of these transactions.
Competitive Landscape
Pro stress-test →Monroe Capital focuses on lower-middle-market companies with EBITDA between $3 million and $35 million. Primary competitors in the BDC and specialty lending space include Horizon Technology Finance (its announced merger partner), Gladstone Capital, Ares Capital, and other business development companies providing middle-market financing. Monroe's positioning emphasizes senior secured debt with selective equity participation.
Industry Context
Monroe Capital Corporation operates in Business Development Company lending.
Key facts
Headquarters: Chicago, IL, US