v3.25.2
Transactions with Controlled Companies (Tables)
 12 Months Ended
Jun. 30, 2025
Belnick, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$2,748 $— $— 
Other Income— — 
Structuring Fee
$33 $— $— 
Total Other Income$33 $— $— 
Reimbursement of Legal, Tax, etc. (1)
$8 $— $— 

(1) Paid from Belnick to Prospect Administration LLC (“PA”) as reimbursement for legal, tax, and portfolio level accounting services provided directly to Belnick (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions (2)
$3,400 $— $— 
Interest Income Capitalized as PIK2,740 — — 
As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$31 $— 
Other Receivables (4)
(41)— 
(2) During the year ended June 30, 2025, Prospect provided $3,400 of equity funding.
(3) Interest income recognized but not yet paid.
(4) Represents amounts due to Belnick from Prospect for reimbursement of future expenses paid by Prospect on behalf of Belnick.
CP Energy Services Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income
  Interest Income from CP Energy
$12,550 $11,452 $7,969 
  Interest Income from Spartan
6,013 4,840 3,510 
Total Interest Income$18,563 $16,292 $11,479 
Reimbursement of Legal, Tax, etc. (1)
$35 $99 $237 
(1) Paid from CP Energy to Prospect Administration LLC (“PA”) as reimbursement for legal, tax, and portfolio level accounting services provided directly to CP Energy (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions
CP Energy9,600 2,900 10,000 
Spartan5,931 4,569 2,500 
Total Additions15,531 7,469 12,500 
Interest Income Capitalized as PIK
CP Energy$5,574 $8,455 $7,958 
Spartan4,370 3,954 3,506 
Total Interest Income Capitalized as PIK$9,944 $12,409 $11,464 

As of
June 30, 2025June 30, 2024
Interest Receivable (2)
55 3,923 
Other Receivables (3)
778 539 
(2) Interest income recognized but not yet paid.
(3) Represents amounts due from CP Energy and Spartan to Prospect for reimbursement of expenses paid by Prospect on behalf of CP Energy and Spartan.
Credit Central Loan Company, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$8,711 $8,207 $8,040 
Other Income
Structuring Fee
$— $— $123 
Total Other Income$— $— $123 
Managerial Assistance (1)
$700 $700 $700 
Reimbursement of Legal, Tax, etc.(2)
— 6 69 
(1) No income recognized by Prospect. Managerial Assistance (“MA”) payments were paid from Credit Central to Prospect and subsequently remitted to PA.
(2) Paid from Credit Central to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Credit Central (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA.)

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$— $— $6,200 
Accreted Original Issue Discount— 1,105 824 
Interest Income Capitalized as PIK7,949 4,882 7,237 

As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$26 $— 
Other Receivables (4)
11 — 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from Credit Central to Prospect for reimbursement of expenses paid by Prospect on behalf of Credit Central.
Echelon Transportation, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$3,343 $3,470 $4,086 
Managerial Assistance (1)
250 250 188 
Reimbursement of Legal, Tax, etc.(2)
288 6 94 
(1) No income recognized by Prospect. MA payments were paid from Echelon to Prospect and subsequently remitted to PA.
(2) Paid from Echelon to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Echelon (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income Capitalized as PIK$1,260 $— $3,391 
Repayment of loan receivable1,260 1,861 — 
As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$1,378 $1,387 
Other Receivables (4)
24 2 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from Echelon to Prospect for reimbursement of expenses paid by Prospect on behalf of Echelon.
First Tower Finance Company LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$65,954 $62,675 $63,364 
Other Income
Structuring Fee$421 $— $— 
Total Other Income$421 $— $— 
Managerial Assistance (1)
$2,400 $2,400 $2,400 
(1) No income recognized by Prospect. MA payments were paid from First Tower to Prospect and subsequently remitted to PA.

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$17,501 $— $— 
Interest Income Capitalized as PIK$10,115 $29,385 40,688 
Repayment of Loan Receivable437 319 987 
As of
June 30, 2025June 30, 2024
Interest Receivable (2)
$189 $2,461 
Other Receivables (3)
96 1 
(2) Interest income recognized but not yet paid.
(3) Represents amounts due from First Tower to Prospect for reimbursement of expenses paid by Prospect on behalf of First Tower.
Freedom Marine Solutions, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Reimbursement of Legal, Tax, etc.(1)
$1 $— $— 
(1) Paid from Freedom Marine to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Freedom Marine (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA)
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions (2)
$975 $— $650 
(2) During the year ended June 30, 2025, Prospect provided $975 of equity funding.

June 30, 2025June 30, 2024
Other Receivables (3)
$1 $— 

(3) Represents amounts due from Freedom Marine to Prospect for reimbursement of expenses paid by Prospect on behalf of Freedom Marine.
InterDent, Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$39,207 $36,946 $32,523 
Managerial Assistance (1)
1,463 1,463 $1,463 
Reimbursement of Legal, Tax, etc.(2)
15 23 — 
(1) No income recognized by Prospect. MA payments were paid from InterDent to Prospect and subsequently remitted to PA.
(2) Paid from InterDent to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to InterDent (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions
$17,000 $— $— 
Interest Income Capitalized as PIK15,479 23,249 20,681 
Repayment of Loan Receivable— — 950 
As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$116 $318 
Other Receivables (4)
55 1 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from InterDent to Prospect for reimbursement of expenses paid by Prospect on behalf of InterDent.
Kickapoo Ranch Pet Resort  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$160 $92 $— 
Dividend Income— 80 150 
Other Income
Structuring Fee$— $75 $— 
Total Other Income$— $75 $— 
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$— $1,500 $— 
Repayment of Loan Receivable800 — — 
As of
June 30, 2025June 30, 2024
Interest Receivable (1)
$— $2 
Other Receivables (2)
4 — 
(1) Interest income recognized but not yet paid.
(2) Represents amounts due from Kickapoo to Prospect for reimbursement of expenses paid by Prospect on behalf of Kickapoo.
MITY, Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$9,336 $8,988 $8,177 
Other Income
Structuring Fee
$107 $130 $— 
Total Other Income$107 $130 $— 
Managerial Assistance (1)
$376 $300 $300 
Reimbursement of Legal, Tax, etc.(2)
37 23 — 
Realized (Loss) Gain12 (1)(2)
(1) No income recognized by Prospect. MA payments were paid from MITY to Prospect and subsequently remitted to PA.
(2) Paid from Mity to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Mity (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions $4,265 $5,150 $— 
Interest Income Capitalized as PIK— — 2,692 
Repayment of Loan Receivable— — 3,265 
As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$26 $79 
Other Receivables (4)
65 5 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from MITY to Prospect for reimbursement of expenses paid by Prospect on behalf of MITY.
NPRC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$89,786 $99,538 $95,004 
Other Income
Structuring Fee
$— $16,470 $261 
Royalty, net profit and revenue interests14,825 50,329 63,531 
Total Other Income$14,825 $66,799 $63,792 
Managerial Assistance (1)
$1,767 $3,525 $2,100 
Reimbursement of Legal, Tax, etc.(2)
2,151 1,664 1,948 
(1) No income recognized by Prospect. MA payments were paid from NPRC to Prospect and subsequently remitted to PA.
(2) Paid from NPRC to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to NPRC (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions (3)
$96,995 $252,944 $213,469 
Interest Income Capitalized as PIK2,728 1,004 488 
Repayment of Loan Receivable285,386 108,950 109,352 
Return of Capital— — 4,000 
(3) During the year ended June 30, 2025, Prospect provided $96,995 of debt financing to NPRC to fund real estate capital expenditures and provide working capital.
As of
June 30, 2025June 30, 2024
Interest Receivable (4)
$1,100 $785 
Other Receivables (5)
(1)(2)
(4) Interest income recognized but not yet paid.
(5) Represents amounts due to NPRC from Prospect for a credit of reimbursements of expenses paid by Prospect on behalf of NPRC.
Nationwide Acceptance Holdings LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$3,793 $5,111 $4,306 
Other Income
Structuring Fee
$— $147 $— 
Total Other Income$— $147 $— 
Managerial Assistance (1)
$400 $100 $400 
Reimbursement of Legal, Tax, etc. (2)
115 3 — 
(1) No income recognized by Prospect. MA payments were paid from Nationwide to Prospect and subsequently remitted to PA.
(2) Paid from Nationwide to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Nationwide (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$4,000 $5,350 $— 
Interest Income Capitalized as PIK2,484 4,622 2,337 
As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$3 $501 
Other Receivables (4)
36 1 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from Nationwide to Prospect for reimbursement of expenses paid by Prospect on behalf of Nationwide.
NMMB, Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$4,039 $4,255 $3,754 
Dividend Income (1)
— 657 2,510 
Managerial Assistance (2)
400 400 $400 
Realized (Loss) Gain6,366 1,040 (2,510)
Reimbursement of Legal, Tax, etc. (3)
9 1 4 
(1) All dividends were paid from earnings and profits of NMMB.
(2) No income recognized by Prospect. MA payments were paid from NMMB to Prospect and subsequently remitted to PA.
(3) Paid from NMMB to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to NMMB (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).

As of
June 30, 2025June 30, 2024
Interest Receivable (4)
$11 $35 
Other Receivables (5)
10 1 
(4) Interest income recognized but not yet paid.
(5) Represents amounts due from NMMB to Prospect for reimbursement of expenses paid by Prospect on behalf of NMMB.
Pacific World Corporation  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$9,865 $10,164 $8,052 
Other Income
Structuring Fee
$286 $812 $105 
Total Other Income$286 $812 $105 
Reimbursement of Legal, Tax, etc. (1)$38 $5 $— 
(1) Paid from Pacific World to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Pacific World (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$14,275 $32,500 $11,000 
Interest Income Capitalized as PIK6,317 9,021 7,479 
Repayment of loan receivable4,875 — — 
As of
June 30, 2025June 30, 2024
Interest Receivable (2)
$27 $79 
Other Receivables (3)
155 155 
(2) Interest income recognized but not yet paid.
(3) Represents amounts due from Pacific World to Prospect for reimbursement of expenses paid by Prospect on behalf of Pacific World.
QC Holdings TopCo, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$37 
Other Income
Structuring Fee
$2,319 $— $— 
Total Other Income$2,319 $— $— 


Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions (1)
$77,286 $— $— 

(1) During the year ended June 30, 2025, Prospect provided $54,997 of debt financing $22,289 of equity financing to QC Holdings.

As of
June 30, 2025June 30, 2024
Interest Receivable (2)
$37 $— 
Other Receivables (3)
(132)

(2) Interest income recognized but not yet paid.
(3) Represents amounts due to QC Holdings from Prospect for a credit of reimbursements of expenses paid by Prospect on behalf of QC Holdings.
R-V Industries, Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$5,558 $5,358 $4,467 
Dividend Income (1)
8,774 — — 
Other Income
Advisory Fee
$— $106 $158 
Total Other Income$— $106 $158 
Managerial Assistance (2)
$180 $180 $180 
Reimbursement of Legal, Tax, etc.(3)
14 17 18 
(1) All dividends were paid from earnings and profits of R-V.
(2) No income recognized by Prospect. MA payments were paid from R-V to Prospect and subsequently remitted to PA.
(3) Paid from R-V to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to R-V (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$10,000 $3,700 $— 
As of
June 30, 2025June 30, 2024
Interest Receivable (4)
$16 $45 
Other Receivables (5)
8 — 
(4) Interest income recognized but not yet paid.
(5) Represents amounts due from R-V to Prospect for reimbursement of expenses paid by Prospect on behalf of R-V.
Universal Turbine Parts, LLC  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income$4,755 $4,030 $3,280 
Other Income
Structuring Fee
$300 $— — 
Total Other Income$300 $— $— 
Managerial Assistance (1)
10 10 10 
Reimbursement of Legal, Tax, etc. (2)
21 3,345 — 
(1) No income recognized by Prospect. MA payments were paid from UTP to Prospect and subsequently remitted to PA.
(2) Paid from UTP to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to UTP (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions $20,000 $2,500 $— 
Repayment of Loan Receivable107 49 32 

As of
June 30, 2025June 30, 2024
Interest Receivable (3)
$17 $34 
Other Receivables (4)
10 1 
(3) Interest income recognized but not yet paid.
(4) Represents amounts due from UTP to Prospect for reimbursement of expenses paid by Prospect on behalf of UTP.
USES Corp.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income2,775 1,990 1,039 
Reimbursement of Legal, Tax, etc. (2)
74 — 81 
(1) Paid from USES to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to USES (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$6,000 $— $9,900 
Interest Income Capitalized as PIK2,638 1,545 775 
Repayment of Loan Receivable2,300 — — 

As of
June 30, 2025June 30, 2024
Interest Receivable (2)
$8 $153 
Other Receivables (3)
221 147 

(2) Interest income recognized but not yet paid.
(3) Represents amounts due from USES to Prospect for reimbursement of expenses paid by Prospect on behalf of USES.
Valley Electric Company, Inc.  
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]  
Schedule of Subsidiary of Limited Liability Company
Year Ended
June 30, 2025June 30, 2024June 30, 2023
Interest Income
Interest Income from Valley
$1,314 $1,389 $1,508 
Interest Income from Valley Electric
11,363 10,927 7,895 
Total Interest Income$12,677 $12,316 $9,403 
Dividend Income (1)
$— $— $547 
Other Income
Structuring Fee
$— $— $380 
Royalty, net profit and revenue interests666 666 666 
Total Other Income$666 $666 $1,046 
Managerial Assistance (2)
$600 $600 $600 
Reimbursement of Legal, Tax, etc. (3)
3 — 85 
(1) All dividends were paid from earnings and profits.
(2) No income recognized by Prospect. MA payments were paid from Valley Electric to Prospect and subsequently remitted to PA.
(3) Paid from Valley to PA as reimbursement for legal, tax, and portfolio level accounting services provided directly to Valley (No direct income recognized by Prospect, but we were given a credit for these payments as a reduction to the administrative services payable by Prospect to PA).

Year Ended
June 30, 2025June 30, 2024June 30, 2023
Additions$— $— $19,000 
Interest Income Capitalized as PIK— 4,763 3,341 
Repayment of loan receivable— — (548)

As of
June 30, 2025June 30, 2024
Interest Receivable (4)
$757 $2,974 
Other Receivables (5)
9 2 
(4) Interest income recognized but not yet paid.
(5) Represents amounts due from Valley Electric to Prospect for reimbursement of expenses paid by Prospect on behalf of Valley Electric.