OFS Capital Corporation (OFS) is a leading business development company (BDC) that provides flexible loan solutions and equity capital to middle-market companies in the United States. As of March 31, 2021, the company manages over a billion dollars in assets. Established in 2011, OFS Capital Corp is headquartered in Chicago, Illinois, and is listed on the NASDAQ under the ticker symbol "OFS".
OFS Capital Corp serves small and medium-sized businesses, typically those with annual revenues between $50 million and $500 million. They help these middle-market companies across a wide range of sectors such as business services, consumer services, health care, manufacturing, food and beverage, and many others.
OFS specializes in providing capital solutions that significantly impact its clients' financial growth. They offer a diverse range of financial solutions, including secured and unsecured loans, subordinated loans, and equity financing. All these are designed to address the unique financial needs of the clients while also maximizing the potential for growth and profitability.
OFS Capital Corporation operates under a strategy rooted in meticulously selecting investments and maintaining an effective risk management structure. They focus on thoroughly understanding each potential investment’s business model, competitive strengths, and growth potential. Their team of experienced professionals diligently underwrites these potential investments and develops structured finance products tailored to each client's specific needs.
Furthermore, OFS Capital Corp also acquires minority equity interests in established companies needing additional capital for expansion, acquisitions, or recapitalization. This approach benefits the investee companies, helping them unlock growth opportunities while also allowing OFS to participate in any potential value uplift.
Additionally, OFS is committed to fair and transparent governance and investment ethics. The company's board of directors comprises a majority of independent directors providing an additional layer of oversight and transparency. They strictly adhere to NASDAQ and regulatory rules and regulations, conforming to the highest standards of corporate governance.
Over the years, OFS Capital Corp's strategic vision, coupled with their robust platform, has allowed them to deliver solid financial results while maintaining a top-tier risk management framework, making them a reliable partner for middle-market businesses seeking growth capital.