Franklin BSP Capital Corporation (“FBCC”) is a business development company (“BDC”) focused on lending to middle market companies.
FBCC provides flexible financing solutions across the capital structure to a variety of borrowers across different industries. Our investment objective is to generate both current income and capital appreciation through debt and equity investments. FBCC is externally managed by Benefit Street Partners (“BSP”).
FBCC intends to invest primarily in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies. We define middle market companies as those with annual revenues up to $1 billion, although we may invest in larger or smaller companies. Our dedicated private debt origination team works to identify unique investment opportunities for FBCC by utilizing proprietary sourcing channels, including:
• CEO direct relationships
• Key financial intermediaries
• Investment bank early looks
• Financial sponsors
We seek opportunities where FBCC can be a strategic partner to borrowers. The scale of BSP’s platform provides us with a competitive advantage, enabling us to be a “one-stop shop” for our issuers.