v3.26.1
Consolidated Schedule of Investments - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Schedule of Investments [Line Items]    
Liabilities in Excess of Other Assets $ (36,255) $ (40,923)
Net Assets $ 57,836 $ 44,838
Percentage Of Total Investments At Fair Value 100.00% 100.00%
Investment, Unaffiliated Issuer [Member]    
Schedule of Investments [Line Items]    
Cost $ 94,120 [1] $ 85,269 [2]
Fair Value 94,091 [1] 85,761 [2]
Bank Debt/Senior Secured Loans [Member] | Investment, Unaffiliated Issuer [Member]    
Schedule of Investments [Line Items]    
Cost 91,222 82,447
Fair Value 91,100 82,835
Preferred Equity [Member] | Investment, Unaffiliated Issuer [Member]    
Schedule of Investments [Line Items]    
Cost 2,861 2,785
Fair Value 2,930 2,866
Common Equity/Warrants [Member] | Investment, Unaffiliated Issuer [Member]    
Schedule of Investments [Line Items]    
Cost 37 37
Fair Value $ 61 $ 60
Health Care Providers Services [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 54.40% 51.00%
Diversified Consumer Services [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 9.10% 8.50%
Health Care Equipment Supplies [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 9.00% 9.80%
Pharmaceuticals [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 8.00% 8.80%
Consumer Staples Distribution & Retail [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 7.60% 8.30%
Life Sciences Tools Services [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 5.70% 6.50%
Financial Services [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 2.60% 2.80%
Personal Care Products [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 1.80% 2.10%
Health Care Technology [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 1.20% 1.40%
Media [Member]    
Schedule of Investments [Line Items]    
Percentage Of Total Investments At Fair Value 0.60% 0.80%
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | AAH Topco., LLC | Diversified Consumer Services | S+500 | 0.75% | 8.77%| 1/2024 | 12/2027    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 0.75%  
Interest Rate [4],[5] 8.77%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jan. 30, 2024  
Maturity Date Dec. 31, 2027  
Par Amount [4] $ 3,128  
Cost [4] 3,094  
Fair Value [4] $ 3,128  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | AAH Topco., LLC | Diversified Consumer Services | S+500 | 0.75% | 8.82%| 1/2024 | 12/2027    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   0.75%
Interest Rate [7],[8]   8.82%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jan. 30, 2024
Maturity Date   Dec. 31, 2027
Par Amount [7]   $ 2,789
Cost [7]   2,754
Fair Value [7]   $ 2,789
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Arcutis Biotherapeutics, Inc | Pharmaceuticals | S+595 | 2.50% | 9.61% | 12/2021 | 8/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4],[9] 595.00%  
Floor [4],[9] 2.50%  
Interest Rate [4],[5],[9] 9.61%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Dec. 31, 2021  
Maturity Date Aug. 31, 2029  
Par Amount [4],[9] $ 3,144  
Cost [4],[9] 3,320  
Fair Value [4],[9] $ 3,474  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Arcutis Biotherapeutics, Inc | Pharmaceuticals | S+595 | 2.50% | 9.79% | 12/2021 | 8/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7],[10]   595.00%
Floor [7],[10]   2.50%
Interest Rate [7],[8],[10]   9.79%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Dec. 31, 2021
Maturity Date   Aug. 31, 2029
Par Amount [7],[10]   $ 3,144
Cost [7],[10]   3,307
Fair Value [7],[10]   $ 3,462
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Ardelyx, Inc. | Pharmaceuticals | S+400 | 1.00% | 8.70% | 2/2022 | 7/2028    
Schedule of Investments [Line Items]    
Spread above Index 400.00% [3],[4],[9],[11] 400.00% [6],[7],[10],[12]
Floor 1.00% [4],[9] 1.00% [7],[10]
Interest Rate 8.70% [4],[5],[9] 8.70% [7],[8],[10]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date Feb. 28, 2022 Feb. 28, 2022
Maturity Date Jul. 31, 2028 Jul. 31, 2028
Par Amount $ 4,005 [4],[9] $ 4,005 [7],[10]
Cost 4,088 [4],[9] 4,076 [7],[10]
Fair Value $ 4,085 [4],[9] $ 4,072 [7],[10]
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | BayMark Health Services, Inc | Health Care Providers & Services | S+500 | 1.00% | 8.93% | 6/2021| 6/2027    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   1.00%
Interest Rate [7],[8]   8.93%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jun. 30, 2021
Maturity Date   Jun. 30, 2027
Par Amount [7]   $ 3,984
Cost [7]   3,973
Fair Value [7]   $ 3,785
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | BayMark Health Services, Inc | Health Care Providers & Services | S+500 | 1.00% | 8.96% | 6/2021| 6/2027    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.96%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jun. 30, 2021  
Maturity Date Jun. 30, 2027  
Par Amount [4] $ 3,984  
Cost [4] 3,975  
Fair Value [4] $ 3,785  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Blazing Star Parent, LLC | Consumer Staples Distribution & Retail | S+700 | 1.00% | 10.67% | 8/2025 | 8/2030    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 700.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 10.67%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Aug. 31, 2025  
Maturity Date Aug. 31, 2030  
Par Amount [4] $ 2,051  
Cost [4] 2,024  
Fair Value [4] $ 2,051  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | CVAUSA Management, LLC | Health Care Providers & Services | S+525 | 1.00% | 8.92% | 5/2023 | 5/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 525.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.92%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date May 31, 2023  
Maturity Date May 31, 2029  
Par Amount [4] $ 5,739  
Cost [4] 5,662  
Fair Value [4] $ 5,739  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | CVAUSA Management, LLC | Health Care Providers & Services | S+525 | 1.00% | 8.97% | 5/2023 | 5/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   525.00%
Floor [7]   1.00%
Interest Rate [7],[8]   8.97%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   May 31, 2023
Maturity Date   May 31, 2029
Par Amount [7]   $ 5,754
Cost [7]   5,672
Fair Value [7]   $ 5,754
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Centinel Spine, LLC | Health Care Equipment & Supplies | S+530 | 4.35% | 9.65% | 2/2025 | 3/2030    
Schedule of Investments [Line Items]    
Spread above Index 530.00% [3],[4] 530.00% [6],[7]
Floor 4.35% [4] 4.35% [7]
Interest Rate 9.65% [4],[5] 9.65% [7],[8]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date Feb. 18, 2025 Feb. 18, 2025
Maturity Date Mar. 31, 2030 Mar. 31, 2030
Par Amount $ 1,897 [4] $ 1,897 [7]
Cost 1,902 [4] 1,897 [7]
Fair Value $ 1,951 [4] $ 1,946 [7]
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | DeepIntent, Inc. | Media | P+135 | 3.90% | 8.10% | 9/2025 | 9/2030    
Schedule of Investments [Line Items]    
Spread above Index 135.00% [3] 135.00% [6]
Floor 3.90% 3.90%
Interest Rate 8.10% [5] 8.10% [8]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:PrimeRateMember us-gaap:PrimeRateMember
Investment, Acquisition Date Sep. 30, 2025 Sep. 30, 2025
Maturity Date Sep. 30, 2030 Sep. 30, 2030
Par Amount $ 529 $ 670
Cost 529 670
Fair Value $ 529 $ 670
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Exactcare Parent, Inc | Health Care Providers & Services | S+550 | 1.00% | 9.17% | 11/2023 | 11/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 550.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.17%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Nov. 30, 2023  
Maturity Date Nov. 30, 2029  
Par Amount [4] $ 915  
Cost [4] 898  
Fair Value [4] $ 915  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Exactcare Parent, Inc | Health Care Providers & Services | S+550 | 1.00% | 9.39% | 11/2023 | 11/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   550.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.39%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Nov. 30, 2023
Maturity Date   Nov. 30, 2029
Par Amount [7]   $ 917
Cost [7]   899
Fair Value [7]   $ 917
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Eyesouth Eye Care Holdco LLC | Health Care Providers & Services | S+550 | 1.00% | 9.27% | 10/2022 | 10/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 550.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.27%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Oct. 31, 2022  
Maturity Date Oct. 31, 2029  
Par Amount [4] $ 3,432  
Cost [4] 3,365  
Fair Value [4] $ 3,432  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Eyesouth Eye Care Holdco LLC | Health Care Providers & Services | S+550 | 1.00% | 9.32% | 10/2022 | 10/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   550.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.32%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Oct. 31, 2022
Maturity Date   Oct. 31, 2029
Par Amount [7]   $ 3,329
Cost [7]   3,259
Fair Value [7]   $ 3,329
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | FE Advance, LLC & Sonic ACA Advance LLC | Financial Services | S+650 | 1.00% | 10.17% | 7/2024 | 7/2027    
Schedule of Investments [Line Items]    
Spread above Index [3] 650.00%  
Floor 1.00%  
Interest Rate [5] 10.17%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jul. 31, 2024  
Maturity Date Jul. 31, 2027  
Par Amount $ 2,407  
Cost 2,383  
Fair Value $ 2,407  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | FE Advance, LLC & Sonic ACA Advance LLC | Financial Services | S+650 | 1.00% | 10.38% | 7/2024 | 7/2027    
Schedule of Investments [Line Items]    
Spread above Index [6]   650.00%
Floor   1.00%
Interest Rate [8]   10.38%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jul. 31, 2024
Maturity Date   Jul. 31, 2027
Par Amount   $ 2,407
Cost   2,379
Fair Value   $ 2,407
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Fertility (ITC) Investment Holdco, LLC | Health Care Providers & Services | S+500 | 0.75% | 8.57% | 1/2023 | 1/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 0.75%  
Interest Rate [4],[5] 8.57%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jan. 31, 2023  
Maturity Date Jan. 31, 2029  
Par Amount [4] $ 6,257  
Cost [4] 6,214  
Fair Value [4] $ 6,257  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Fertility (ITC) Investment Holdco, LLC | Health Care Providers & Services | S+500 | 0.75% | 9.12% | 1/2023 | 1/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   0.75%
Interest Rate [7],[8]   9.12%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jan. 31, 2023
Maturity Date   Jan. 31, 2029
Par Amount [7]   $ 6,273
Cost [7]   6,227
Fair Value [7]   $ 6,273
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Foundation Consumer Brands, LLC | Personal Care Products | S+500 | 1.00% | 8.80% | 1/2025 | 2/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.80%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jan. 31, 2025  
Maturity Date Feb. 28, 2029  
Par Amount [4] $ 1,713  
Cost [4] 1,706  
Fair Value [4] $ 1,713  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Foundation Consumer Brands, LLC | Personal Care Products | S+500 | 1.00% | 9.09% | 1/2025 | 2/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.09%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jan. 31, 2025
Maturity Date   Feb. 28, 2029
Par Amount [7]   $ 1,809
Cost [7]   1,802
Fair Value [7]   $ 1,809
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Maxor Acquisition, Inc. | Health Care Providers & Services | S+600 | 1.00% | 9.77% | 3/2023 | 3/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 600.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.77%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2023  
Maturity Date Mar. 31, 2029  
Par Amount [4] $ 1,998  
Cost [4] 1,966  
Fair Value [4] $ 1,998  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Maxor Acquisition, Inc. | Health Care Providers & Services | S+600 | 1.00% | 9.82% | 3/2023 | 3/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   600.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.82%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Mar. 31, 2023
Maturity Date   Mar. 31, 2029
Par Amount [7]   $ 2,003
Cost [7]   1,969
Fair Value [7]   $ 2,003
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Medrina, LLC | Health Care Providers & Services | S+600 | 1.00% | 9.63% | 10/2023 | 10/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 600.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.63%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Oct. 31, 2023  
Maturity Date Oct. 31, 2029  
Par Amount [4] $ 796  
Cost [4] 782  
Fair Value [4] $ 796  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Medrina, LLC | Health Care Providers & Services | S+600 | 1.00% | 9.69% | 10/2023 | 10/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   600.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.69%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Oct. 31, 2023
Maturity Date   Oct. 31, 2029
Par Amount [7]   $ 798
Cost [7]   783
Fair Value [7]   $ 798
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Metro West Ambulance Service, Inc. | Health Care Providers & Services | S+425 | 3.00% | 7.91% | 3/2026 | 3/2028    
Schedule of Investments [Line Items]    
Spread above Index [3] 425.00%  
Floor 3.00%  
Interest Rate [5] 7.91%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2026  
Maturity Date Mar. 31, 2028  
Par Amount $ 1,460  
Cost 1,460  
Fair Value $ 1,460  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Montefiore Nyack Hospital | Health Care Providers & Services | S+450 | 3.00% | 8.16% | 3/2026 | 11/2027    
Schedule of Investments [Line Items]    
Spread above Index [3] 450.00%  
Floor 3.00%  
Interest Rate [5] 8.16%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2026  
Maturity Date Nov. 30, 2027  
Par Amount $ 4,033  
Cost 4,033  
Fair Value $ 4,033  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | NS and Associates LLC | Consumer Staples Distribution & Retail | S+525 | 1.00% | 8.90% | 8/2025 | 8/2030    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 525.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.90%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Oct. 31, 2023  
Maturity Date Oct. 31, 2029  
Par Amount [4] $ 5,066  
Cost [4] 4,999  
Fair Value [4] $ 5,066  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | NS and Associates LLC | Consumer Staples Distribution & Retail | S+525 | 1.00% | 9.01% | 8/2025 | 8/2030    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   525.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.01%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Aug. 31, 2025
Maturity Date   Aug. 31, 2030
Par Amount [7]   $ 5,079
Cost [7]   5,008
Fair Value [7]   $ 5,079
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | OIS Management Services, LLC | Health Care Providers & Services | S+475 | 0.75% | 8.42% | 12/2023 | 11/2028    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   475.00%
Floor [7]   0.75%
Interest Rate [7],[8]   8.42%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Dec. 31, 2023
Maturity Date   Nov. 30, 2028
Par Amount [7]   $ 4,937
Cost [7]   4,887
Fair Value [7]   $ 4,937
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | OIS Management Services, LLC | Health Care Providers & Services | S+475 | 0.75% | 8.45% | 12/2023 | 11/2028    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 475.00%  
Floor [4] 0.75%  
Interest Rate [4],[5] 8.45%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Dec. 31, 2023  
Maturity Date Nov. 30, 2028  
Par Amount [4] $ 4,925  
Cost [4] 4,878  
Fair Value [4] $ 4,925  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | ONS MSO, LLC | Health Care Providers & Services | S+575 | 1.00% | 9.42% | 4/2024 | 7/2026    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 575.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.42%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Apr. 30, 2024  
Maturity Date Jul. 31, 2026  
Par Amount [4] $ 856  
Cost [4] 851  
Fair Value [4] $ 856  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | ONS MSO, LLC | Health Care Providers & Services | S+575 | 1.00% | 9.59% | 4/2024 | 7/2028    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   575.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.59%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Apr. 30, 2024
Maturity Date   Jul. 31, 2028
Par Amount [7]   $ 858
Cost [7]   853
Fair Value [7]   $ 858
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | ONS MSO, LLC | Health Care Providers & Services | S+625 | 1.00% | 10.09% | 2/2023 | 7/2028    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   625.00%
Floor [7]   1.00%
Interest Rate [7],[8]   10.09%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Feb. 28, 2023
Maturity Date   Jul. 31, 2028
Par Amount [7]   $ 2,477
Cost [7]   2,434
Fair Value [7]   $ 2,477
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | ONS MSO, LLC | Health Care Providers & Services | S+625 | 1.00% | 9.92% | 2/2023 | 7/2026    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 625.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.92%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Feb. 28, 2023  
Maturity Date Jul. 31, 2028  
Par Amount [4] $ 2,470  
Cost [4] 2,432  
Fair Value [4] $ 2,470  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Pinnacle Fertility, Inc | Health Care Providers & Services | S+500 | 0.75% | 8.87% | 3/2025 | 3/2028    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 0.75%  
Interest Rate [4],[5] 8.87%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2025  
Maturity Date Mar. 31, 2028  
Par Amount [4] $ 2,025  
Cost [4] 1,970  
Fair Value [4] $ 2,025  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Pinnacle Fertility, Inc | Health Care Providers & Services | S+500 | 0.75% | 9.27% | 3/2025 | 3/2028    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   0.75%
Interest Rate [7],[8]   9.27%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Mar. 31, 2025
Maturity Date   Mar. 31, 2028
Par Amount [7]   $ 2,031
Cost [7]   1,969
Fair Value [7]   $ 2,031
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Plastic Management, LLC | Health Care Providers & Services | S+500 | 1.00% | 8.67% | 8/2021 | 8/2027    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   500.00%
Floor [7]   1.00%
Interest Rate [7],[8]   8.67%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Aug. 31, 2021
Maturity Date   Aug. 31, 2027
Par Amount [7]   $ 3,783
Cost [7]   3,765
Fair Value [7]   $ 3,783
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Plastic Management, LLC | Health Care Providers & Services | S+500 | 1.00% | 8.70% | 8/2021 | 8/2027    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.70%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Aug. 31, 2021  
Maturity Date Aug. 31, 2027  
Par Amount [4] $ 3,773  
Cost [4] 3,758  
Fair Value [4] $ 3,773  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | RQM+ Corp | Life Sciences Tools & Services | S+675 | 1.00% | 10.68% | 8/2021 | 8/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7],[13]   675.00%
Floor [7]   1.00%
Interest Rate [7],[8]   10.68%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Aug. 31, 2021
Maturity Date   Aug. 31, 2029
Par Amount [7]   $ 4,125
Cost [7]   4,095
Fair Value [7]   $ 3,712
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | RQM+ Corp | Life Sciences Tools & Services | S+725 PIK| 1.00% | 11.21% | 8/2021 | 8/2029    
Schedule of Investments [Line Items]    
Floor [4] 1.00%  
Interest Rate [4],[5] 11.21%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Aug. 31, 2021  
Maturity Date Aug. 31, 2029  
Par Amount [4] $ 4,389  
Cost [4] 4,361  
Fair Value [4] $ 3,511  
Interest Rate, PIK [3],[4] 725.00%  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | ReFocus Management Services, LLC | Health Care Providers & Services | S+500 | 1.00% | 8.66% | 2/2026 | 2/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 500.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.66%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Feb. 28, 2026  
Maturity Date Feb. 28, 2029  
Par Amount [4] $ 2,114  
Cost [4] 2,072  
Fair Value [4] $ 2,072  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SMP Holdco, Inc. | Health Care Providers & Services | S+400 | 3.50% | 7.66% | 3/2026 | 5/2028    
Schedule of Investments [Line Items]    
Spread above Index [3] 400.00%  
Floor 3.50%  
Interest Rate [5] 7.66%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2026  
Maturity Date May 31, 2028  
Par Amount $ 1,252  
Cost 1,252  
Fair Value $ 1,252  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SPR Therapeutics, Inc | Health Care Technology | S+515 | 4.00% | 9.15% | 1/2024 | 2/2029    
Schedule of Investments [Line Items]    
Spread above Index 515.00% [3],[4] 515.00% [6],[7]
Floor 4.00% [4] 4.00% [7]
Interest Rate 9.15% [4],[5] 9.15% [7],[8]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date Jan. 31, 2024 Jan. 31, 2024
Maturity Date Feb. 28, 2029 Feb. 28, 2029
Par Amount $ 1,127 [4] $ 1,127 [7]
Cost 1,134 [4] 1,131 [7]
Fair Value $ 1,172 [4] $ 1,169 [7]
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Southern Orthodontic Partners Management, LLC | Health Care Providers & Services | S+475| 1.00% | 8.41% | 6/2022 | 7/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 475.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 8.41%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jun. 30, 2022  
Maturity Date Jul. 31, 2029  
Par Amount [4] $ 2,950  
Cost [4] 2,925  
Fair Value [4] $ 2,950  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Southern Orthodontic Partners Management, LLC | Health Care Providers & Services | S+525 | 1.00% | 8.92% | 6/2022 | 7/2026    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   525.00%
Floor [7]   1.00%
Interest Rate [7],[8]   8.92%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jun. 30, 2022
Maturity Date   Jul. 31, 2026
Par Amount [7]   $ 4,333
Cost [7]   4,317
Fair Value [7]   $ 4,333
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SunMed Group Holdings, LLC | Health Care Equipment & Supplies | S+550 | 0.75% | 9.27% | 6/2021 | 6/2028    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 550.00%  
Floor [4] 0.75%  
Interest Rate [4],[5] 9.27%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Jun. 30, 2021  
Maturity Date Jun. 30, 2028  
Par Amount [4] $ 1,905  
Cost [4] 1,893  
Fair Value [4] $ 1,905  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SunMed Group Holdings, LLC | Health Care Equipment & Supplies | S+550 | 0.75% | 9.44% | 6/2021 | 6/2028    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   550.00%
Floor [7]   0.75%
Interest Rate [7],[8]   9.44%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Jun. 30, 2021
Maturity Date   Jun. 30, 2028
Par Amount [7]   $ 1,910
Cost [7]   1,896
Fair Value [7]   $ 1,910
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SunMed Receivables I, LLC | Health Care Equipment & Supplies | S+395 | 2.00% | 7.62% | 10/2025 | 6/2028    
Schedule of Investments [Line Items]    
Spread above Index [3] 395.00%  
Floor 2.00%  
Interest Rate [5] 7.62%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Oct. 31, 2025  
Maturity Date Jun. 30, 2028  
Par Amount $ 364  
Cost 361  
Fair Value $ 364  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | SunMed Receivables I, LLC | Health Care Equipment & Supplies | S+395 | 2.00% | 7.74% | 10/2025 | 6/2028    
Schedule of Investments [Line Items]    
Spread above Index [6]   395.00%
Floor   2.00%
Interest Rate [8]   7.74%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Oct. 31, 2025
Maturity Date   Jun. 30, 2028
Par Amount   $ 364
Cost   361
Fair Value   $ 364
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Treace Medical Concepts, Inc | Life Sciences Tools & Services | S+505 | 3.00% | 8.78% | 12/2025 | 1/2031    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   505.00%
Floor [7]   3.00%
Interest Rate [7],[8]   8.78%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Dec. 31, 2025
Maturity Date   Jan. 31, 2031
Par Amount [7]   $ 1,897
Cost [7]   1,881
Fair Value [7]   $ 1,880
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Treace Medical Concepts, Inc. | Life Sciences Tools & Services | S+505 | 3.00% | 8.71% | 12/2025 | 1/20231    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 505.00%  
Floor [4] 3.00%  
Interest Rate [4],[5] 8.71%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Dec. 31, 2025  
Maturity Date Jan. 31, 2031  
Par Amount [4] $ 1,897  
Cost [4] 1,885  
Fair Value [4] $ 1,885  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | UVP Management, LLC | Health Care Providers & Services | S+550 | 1.00% | 9.32% | 9/2023 | 9/2027    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   550.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.32%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Sep. 30, 2023
Maturity Date   Sep. 30, 2027
Par Amount [7]   $ 951
Cost [7]   940
Fair Value [7]   $ 951
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | UVP Management, LLC | Health Care Providers & Services | S+550 | 1.00% | 9.35% | 9/2023 | 9/2027    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 550.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.35%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Sep. 30, 2023  
Maturity Date Sep. 30, 2027  
Par Amount [4] $ 951  
Cost [4] 941  
Fair Value [4] $ 951  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | United Digestive MSO Parent, LLC | Health Care Providers & Services | S+575 | 1.00% | 9.40% | 3/2023 | 3/2029    
Schedule of Investments [Line Items]    
Spread above Index [3],[4] 575.00%  
Floor [4] 1.00%  
Interest Rate [4],[5] 9.40%  
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember  
Investment, Acquisition Date Mar. 31, 2023  
Maturity Date Mar. 31, 2029  
Par Amount [4] $ 1,439  
Cost [4] 1,414  
Fair Value [4] $ 1,439  
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | United Digestive MSO Parent, LLC | Health Care Providers & Services | S+575 | 1.00% | 9.42% | 3/2023 | 3/2029    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   575.00%
Floor [7]   1.00%
Interest Rate [7],[8]   9.42%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Mar. 31, 2023
Maturity Date   Mar. 31, 2029
Par Amount [7]   $ 1,443
Cost [7]   1,415
Fair Value [7]   $ 1,443
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Vapotherm, Inc | Health Care Equipment & Supplies | S+600 | 4.50% | 10.50% | 2/2022| 9/2027    
Schedule of Investments [Line Items]    
Spread above Index 600.00% [3] 600.00% [6]
Floor 4.50% 4.50%
Interest Rate 10.50% [5] 10.50% [8]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date Feb. 28, 2022 Feb. 28, 2022
Maturity Date Sep. 30, 2027 Sep. 30, 2027
Par Amount $ 1,238 $ 1,238
Cost 1,300 1,295
Fair Value $ 1,291 $ 1,291
Investment, Identifier [Axis]: Bank Debt/Senior Secured Loans | Western Veterinary Partners LLC | Diversified Consumer Services | S+525 | 1.00% | 8.92% | 1/2024 | 10/2027    
Schedule of Investments [Line Items]    
Spread above Index 525.00% [3],[4] 525.00% [6],[7]
Floor 1.00% [4] 1.00% [7]
Interest Rate 8.92% [4],[5] 8.92% [7],[8]
Investment, Variable Interest Rate, Type [Extensible Enumeration] us-gaap:SecuredOvernightFinancingRateSofrMember us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date Jan. 31, 2024 Jan. 31, 2024
Maturity Date Oct. 31, 2027 Oct. 31, 2027
Par Amount $ 5,440 [4] $ 4,539 [7]
Cost 5,395 [4] 4,498 [7]
Fair Value $ 5,440 [4] $ 4,539 [7]
Investment, Identifier [Axis]: Common Equity/ Warrants | Meditrina, Inc. Warrants | Health Care Equipment & Supplies | 12/2022    
Schedule of Investments [Line Items]    
Investment, Acquisition Date Dec. 31, 2022 Dec. 31, 2022
Shares/Units/Warrants 4,079 [14] 4,079 [15]
Cost $ 3 [14] $ 3 [15]
Fair Value $ 3 [14] $ 2 [15]
Investment, Identifier [Axis]: Common Equity/ Warrants | Veronica Holdings, LLC (Vapotherm) Common Units | Health Care Equipment & Supplies | 9/2024    
Schedule of Investments [Line Items]    
Investment, Acquisition Date Sep. 30, 2024 Sep. 30, 2024
Shares/Units/Warrants 26,336 [14] 26,336 [15]
Cost $ 30 [14] $ 30 [15]
Fair Value $ 57 [14] $ 57 [15]
Investment, Identifier [Axis]: Common Equity/Warrants | Assertio Holdings, Inc. Common Stock | Pharmaceuticals | 7/2023    
Schedule of Investments [Line Items]    
Investment, Acquisition Date Jul. 31, 2023 Jul. 31, 2023
Shares/Units/Warrants 72 [14],[16] 72 [15],[17]
Cost $ 4 [14],[16] $ 4 [15],[17]
Fair Value $ 1 [14],[16] $ 1 [15],[17]
Investment, Identifier [Axis]: Preferred Equity | Veronica Holdings, LLC (Vapotherm) | Health Care Equipment & Supplies | 9.00%PIK | 9/2024    
Schedule of Investments [Line Items]    
Interest Rate, PIK 9.00% 9.00%
Investment, Acquisition Date Sep. 30, 2024 Sep. 30, 2024
Shares/Units/Warrants 1,172,897 1,172,897
Cost $ 2,861 $ 2,785
Fair Value $ 2,930 $ 2,866
Investment, Identifier [Axis]: SSBank Debt/Senior Secured Loans | Blazing Star Parent, LLC | Consumer Staples Distribution & Retail | S+700 | 1.00% | 10.82% | 8/2025 | 8/2030    
Schedule of Investments [Line Items]    
Spread above Index [6],[7]   700.00%
Floor [7]   1.00%
Interest Rate [7],[8]   10.82%
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember
Investment, Acquisition Date   Aug. 31, 2025
Maturity Date   Aug. 31, 2030
Par Amount [7]   $ 2,064
Cost [7]   2,035
Fair Value [7]   $ 2,064
[1] Aggregate net unrealized depreciation for U.S. federal income tax purposes is $637 aggregate gross unrealized appreciation and depreciation for U.S. federal tax purposes is $1,386 and $2,023, respectively, based on a tax cost of $94,728. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. All investments are Level 3 unless otherwise indicated.
[2] Aggregate net unrealized depreciation for U.S. federal income tax purposes is $115; aggregate gross unrealized appreciation and depreciation for U.S. federal tax purposes is $1,434 and $1,549, respectively, based on a tax cost of $85,876. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act. All investments are Level 3 unless otherwise indicated.
[3] Floating rate instruments accrue interest at a predetermined spread relative to an index, typically the SOFR or PRIME rate. These instruments are often subject to a SOFR or PRIME rate floor.
[4] Indicates an investment that is wholly or partially held by the Company through its wholly-owned financing subsidiary SLR HC BDC SPV LLC (the “SPV”). Such investments are pledged as collateral under the SPV Facility (see Note 5 to the consolidated financial statements) and are not generally available to creditors, if any, of the Company.
[5] Floating rate debt investments typically bear interest at a rate determined by reference to either the Secured Overnight Financing Rate (“SOFR” or “S”) or the prime index rate (“PRIME” or “P”), and which typically reset monthly, quarterly or semi-annually. For each debt investment, the Company has provided the current interest rate in effect as of March 31, 2026.
[6] Floating rate instruments accrue interest at a predetermined spread relative to an index, typically the SOFR or PRIME rate. These instruments are often subject to a SOFR or PRIME rate floor.
[7] Indicates an investment that is wholly or partially held by the Company through its wholly-owned financing subsidiary SLR HC BDC SPV LLC (the “SPV”). Such investments are pledged as collateral under the SPV Facility (see Note 5 to the consolidated financial statements) and are not generally available to creditors, if any, of the Company.
[8] Floating rate debt investments typically bear interest at a rate determined by reference to either the Secured Overnight Financing Rate (“SOFR” or “S”) or the prime index rate (“PRIME” or “P”), and which typically reset monthly, quarterly or semi-annually. For each debt investment, the Company has provided the current interest rate in effect as of December 31, 2025.
[9] Indicates assets that the Company believes may not represent “qualifying assets” under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). If we fail to invest a sufficient portion of our assets in qualifying assets, we could be prevented from making follow-on investments in existing portfolio companies or could be required to dispose of investments at inappropriate times in order to comply with the 1940 Act. As of March 31, 2026, on a fair value basis, non-qualifying assets in our portfolio represented 7.5% of the total assets of the Company.
[10] Indicates assets that the Company believes may not represent “qualifying assets” under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). If we fail to invest a sufficient portion of our assets in qualifying assets, we could be prevented from making follow-on investments in existing portfolio companies or could be required to dispose of investments at inappropriate times in order to comply with the 1940 Act. As of December 31, 2025, on a fair value basis, non-qualifying assets in our portfolio represented 8.4% of the total assets of the Company.
[11] Certain tranches have a spread of S+795 and certain tranches have a spread of S+425.
[12] Certain tranches have a spread of S+795 and certain tranches have a spread of S+425.
[13] Spread is S+200 Cash / 4.75% PIK
[14] Non-income producing security.
[15] Non-income producing security.
[16] Denotes a Level 1 investment.
[17] Denotes a Level 1 investment.