Saratoga Investment Corp. is a business development company that provides customized financing solutions to U.S. middle-market businesses. It specializes in leveraged and management buyouts, acquisition financings, growth financings, recapitalizations, debt refinancing, and transitional financing transactions. The company structures its investments primarily as debt and equity, including first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. Saratoga Investment Corp. targets the lower end of the middle market, focusing on sectors such as aerospace and other industries requiring flexible capital for strategic initiatives. It partners with business owners, management teams, and financial sponsors to generate current income and long-term capital appreciation through its portfolio of senior and unitranche leveraged loans, mezzanine debt, and limited equity investments. Founded in 2006 and headquartered in New York, New York, Saratoga Investment Corp. plays a key role in supporting change of ownership transactions, strategic acquisitions, and growth efforts in the specialty finance market.