<?xml version="1.0" encoding="utf-8"?>
<!--XBRL document created with Toppan Merrill Bridge  11.4.0.1 -->
<!--Based on XBRL 2.1-->
<!--Created on: 8/10/2026 7:46:14 PM-->
<!--Modified on: 8/10/2026 7:46:14 PM-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DocumentDocumentAndEntityInformation" roleURI="http://stelluscapital.com/role/DocumentDocumentAndEntityInformation" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedStatementsOfAssetsAndLiabilities" roleURI="http://stelluscapital.com/role/StatementConsolidatedStatementsOfAssetsAndLiabilities" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedStatementsOfAssetsAndLiabilitiesParenthetical" roleURI="http://stelluscapital.com/role/StatementConsolidatedStatementsOfAssetsAndLiabilitiesParenthetical" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedStatementsOfOperations" roleURI="http://stelluscapital.com/role/StatementConsolidatedStatementsOfOperations" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedStatementsOfChangesInNetAssets" roleURI="http://stelluscapital.com/role/StatementConsolidatedStatementsOfChangesInNetAssets" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedStatementsOfCashFlows" roleURI="http://stelluscapital.com/role/StatementConsolidatedStatementsOfCashFlows" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedScheduleOfInvestments" roleURI="http://stelluscapital.com/role/StatementConsolidatedScheduleOfInvestments" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#StatementConsolidatedScheduleOfInvestmentsParenthetical" roleURI="http://stelluscapital.com/role/StatementConsolidatedScheduleOfInvestmentsParenthetical" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPolicies" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPolicies" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangements" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangements" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureDistributions" roleURI="http://stelluscapital.com/role/DisclosureDistributions" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureEquityOfferingsAndRepurchasesAndRelatedExpenses" roleURI="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpenses" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNetIncreaseInNetAssetsPerCommonShare" roleURI="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShare" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValue" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValue" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCommitmentsAndContingencies" roleURI="http://stelluscapital.com/role/DisclosureCommitmentsAndContingencies" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureFinancialHighlights" roleURI="http://stelluscapital.com/role/DisclosureFinancialHighlights" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCreditFacility" roleURI="http://stelluscapital.com/role/DisclosureCreditFacility" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebentures" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebentures" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNotes" roleURI="http://stelluscapital.com/role/DisclosureNotes" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSubsequentEvents" roleURI="http://stelluscapital.com/role/DisclosureSubsequentEvents" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureReportableSegments" roleURI="http://stelluscapital.com/role/DisclosureReportableSegments" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesPolicies" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesPolicies" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesTables" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsTables" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureDistributionsTables" roleURI="http://stelluscapital.com/role/DisclosureDistributionsTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesTables" roleURI="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNetIncreaseInNetAssetsPerCommonShareTables" roleURI="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShareTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueTables" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureFinancialHighlightsTables" roleURI="http://stelluscapital.com/role/DisclosureFinancialHighlightsTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCreditFacilityTables" roleURI="http://stelluscapital.com/role/DisclosureCreditFacilityTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesTables" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNotesTables" roleURI="http://stelluscapital.com/role/DisclosureNotesTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSubsequentEventsTables" roleURI="http://stelluscapital.com/role/DisclosureSubsequentEventsTables" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesAdditionalInformationDetails" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesAdditionalInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesRevenueRecognitionDetails" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesRevenueRecognitionDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesUsFederalIncomeTaxesDetails" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesUsFederalIncomeTaxesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNatureOfOperationsAndSignificantAccountingPoliciesDistributableLossEarningsDetails" roleURI="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesDistributableLossEarningsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsInvestmentAdvisoryAgreementDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsInvestmentAdvisoryAgreementDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsInvestmentIncomeIncentiveFeeDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsInvestmentIncomeIncentiveFeeDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsCapitalGainsIncentiveFeeDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsCapitalGainsIncentiveFeeDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsComponentsOfIncentiveFeesDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsComponentsOfIncentiveFeesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsDirectorFeesAndAdministrativeAgentDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsDirectorFeesAndAdministrativeAgentDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureRelatedPartyArrangementsAdministrationAgreementDetails" roleURI="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsAdministrationAgreementDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureDistributionsDetails" roleURI="http://stelluscapital.com/role/DisclosureDistributionsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesStockIssuedDetails" roleURI="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesStockIssuedDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesDetails" roleURI="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNetIncreaseInNetAssetsPerCommonShareDetails" roleURI="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShareDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueTotalFairValueAndCostOfInvestmentsDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueTotalFairValueAndCostOfInvestmentsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueAggregateGrossUnrealizedAppreciationAndDepreciationAndAggregateCostAndFairValueOfPortfolioCompanySecuritiesDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueAggregateGrossUnrealizedAppreciationAndDepreciationAndAggregateCostAndFairValueOfPortfolioCompanySecuritiesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValuePortfolioForTaxPurposeDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValuePortfolioForTaxPurposeDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueFairValuesOfInvestmentsDisaggregatedIntoThreeLevelsOfFairValueHierarchyDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueFairValuesOfInvestmentsDisaggregatedIntoThreeLevelsOfFairValueHierarchyDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueAggregateValuesOfLevel3PortfolioInvestmentsChangeDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueAggregateValuesOfLevel3PortfolioInvestmentsChangeDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueGeographicalConcentrationOfInvestmentPortfolioDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueGeographicalConcentrationOfInvestmentPortfolioDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueIndustryConcentrationOfInvestmentPortfolioDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueIndustryConcentrationOfInvestmentPortfolioDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosurePortfolioInvestmentsAndFairValueQuantitativeInformationAboutLevel3FairValueMeasurementsDetails" roleURI="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueQuantitativeInformationAboutLevel3FairValueMeasurementsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCommitmentsAndContingenciesDetails" roleURI="http://stelluscapital.com/role/DisclosureCommitmentsAndContingenciesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureFinancialHighlightsDetails" roleURI="http://stelluscapital.com/role/DisclosureFinancialHighlightsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCreditFacilityDetails" roleURI="http://stelluscapital.com/role/DisclosureCreditFacilityDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCreditFacilityCreditFacilityNetOfPrepaidLoanStructureFeesDetails" roleURI="http://stelluscapital.com/role/DisclosureCreditFacilityCreditFacilityNetOfPrepaidLoanStructureFeesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureCreditFacilityInterestExpenseAndAmortizedLoanFeesDetails" roleURI="http://stelluscapital.com/role/DisclosureCreditFacilityInterestExpenseAndAmortizedLoanFeesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesDetails" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesSbicIDebentureDetails" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesSbicIDebentureDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesSbicIiDebentureDetails" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesSbicIiDebentureDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesDetails" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSbaGuaranteedDebenturesScheduleOfInterestExpenseAndAmortizedFeesOnSbaGuaranteedDebenturesDetails" roleURI="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesScheduleOfInterestExpenseAndAmortizedFeesOnSbaGuaranteedDebenturesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNotes2026NotesDetails" roleURI="http://stelluscapital.com/role/DisclosureNotes2026NotesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNotesInterestExpenseAndDeferredFinancingCosts20262030NotesDetails" roleURI="http://stelluscapital.com/role/DisclosureNotesInterestExpenseAndDeferredFinancingCosts20262030NotesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureNotesNotesPayableNetOfDeferredFinancingCosts2030NotesDetails" roleURI="http://stelluscapital.com/role/DisclosureNotesNotesPayableNetOfDeferredFinancingCosts2030NotesDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSubsequentEventsInvestmentPortfolioDetails" roleURI="http://stelluscapital.com/role/DisclosureSubsequentEventsInvestmentPortfolioDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSubsequentEventsAdditionalInformationDetails" roleURI="http://stelluscapital.com/role/DisclosureSubsequentEventsAdditionalInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureSubsequentEventsDividendsDeclaredDetails" roleURI="http://stelluscapital.com/role/DisclosureSubsequentEventsDividendsDeclaredDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="scm-20260630.xsd#DisclosureReportableSegmentsDetails" roleURI="http://stelluscapital.com/role/DisclosureReportableSegmentsDetails" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2026/ecd-2026.xsd#InsiderTradingArrangements" roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" xmlns="http://www.xbrl.org/2003/linkbase" />
  <roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/cef/2026/cef-2026.xsd#N2" roleURI="http://xbrl.sec.gov/cef/role/N2" xmlns="http://www.xbrl.org/2003/linkbase" />
  <presentationLink xlink:role="http://stelluscapital.com/role/DocumentDocumentAndEntityInformation" xlink:type="extended" xlink:title="995200090 - Document - Document and Entity Information" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentType" xlink:label="dei_DocumentType_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentType_639219879700063802" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentQuarterlyReport_639219879700063802" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentPeriodEndDate_639219879700063802" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentTransitionReport_639219879700063802" order="4" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityFileNumber_639219879700063802" order="5" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityRegistrantName_639219879700063802" order="6" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode_639219879700063802" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode_639219879700063802" order="7" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber_639219879700105350" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber_639219879700105350" order="8" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityAddressAddressLine1_639219879700105754" order="9" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityAddressAddressLine2_639219879700105754" order="10" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityAddressCityOrTown_639219879700105754" order="11" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince_639219879700105754" order="12" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode_639219879700105754" order="13" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_CityAreaCode_639219879700105754" order="14" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_LocalPhoneNumber_639219879700105754" order="15" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_Security12bTitle_639219879700105754" order="16" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_TradingSymbol_639219879700105754" order="17" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_SecurityExchangeName_639219879700105754" order="18" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityCurrentReportingStatus_639219879700105754" order="19" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityInteractiveDataCurrent_639219879700105754" order="20" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityFilerCategory_639219879700105754" order="21" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntitySmallBusiness_639219879700105754" order="22" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany_639219879700105754" order="23" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityShellCompany_639219879700105754" order="24" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityCommonStockSharesOutstanding_639219879700105754" order="25" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_EntityCentralIndexKey_639219879700105754" order="26" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_CurrentFiscalYearEndDate_639219879700105754" order="27" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentFiscalYearFocus_639219879700105754" order="28" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_DocumentFiscalPeriodFocus_639219879700105754" order="29" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CoverAbstract" xlink:to="dei_AmendmentFlag_639219879700105754" order="30" use="optional" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedStatementsOfAssetsAndLiabilities" xlink:type="extended" xlink:title="995200100 - Statement - CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementTable_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationAxis" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationDomain" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerControlledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentUnaffiliatedIssuerMember" xlink:label="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700105754" xlink:to="us-gaap_RelatedPartyDomain_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700105754" xlink:to="us-gaap_RelatedPartyMember_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NonrelatedPartyMember" xlink:label="us-gaap_NonrelatedPartyMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700105754" xlink:to="us-gaap_NonrelatedPartyMember_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_StatementLineItems_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_AssetsAbstract_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ReceivableInvestmentSale" xlink:label="us-gaap_ReceivableInvestmentSale_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_ReceivableInvestmentSale_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendAndInterestReceivable" xlink:label="us-gaap_DividendAndInterestReceivable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_DividendAndInterestReceivable_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="us-gaap_IncomeTaxesReceivable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_IncomeTaxesReceivable_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherReceivables" xlink:label="us-gaap_OtherReceivables_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_OtherReceivables_639219879700105754" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredOfferingCosts" xlink:label="us-gaap_DeferredOfferingCosts_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_DeferredOfferingCosts_639219879700105754" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="us-gaap_PrepaidExpenseCurrentAndNoncurrent_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_PrepaidExpenseCurrentAndNoncurrent_639219879700105754" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_639219879700105754" xlink:to="us-gaap_Assets_639219879700105754" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_LiabilitiesAbstract_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayable" xlink:label="us-gaap_NotesPayable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_NotesPayable_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_LineOfCredit_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GuaranteedDebentures" xlink:label="scm_GuaranteedDebentures_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="scm_GuaranteedDebentures_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DistributionPayable" xlink:label="us-gaap_DistributionPayable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_DistributionPayable_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ManagementFeePayable" xlink:label="us-gaap_ManagementFeePayable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_ManagementFeePayable_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Incomeincentivefeepayable" xlink:label="scm_Incomeincentivefeepayable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="scm_Incomeincentivefeepayable_639219879700105754" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_InterestPayableCurrentAndNoncurrent_639219879700105754" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_OtherLiabilities_639219879700105754" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredRevenue" xlink:label="us-gaap_DeferredRevenue_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_DeferredRevenue_639219879700105754" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdministrativeServiceFeePayable" xlink:label="scm_AdministrativeServiceFeePayable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="scm_AdministrativeServiceFeePayable_639219879700105754" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="us-gaap_AccruedIncomeTaxes_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_AccruedIncomeTaxes_639219879700105754" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_OtherAccountsPayableAndAccruedLiabilities_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_OtherAccountsPayableAndAccruedLiabilities_639219879700105754" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_Liabilities_639219879700105754" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_CommitmentsAndContingencies_639219879700105754" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_639219879700105754" xlink:to="us-gaap_StockholdersEquity_639219879700105754" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_StockholdersEquityAbstract_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_CommonStockValue_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_AdditionalPaidInCapital_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity_6392198797001057541" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_StockholdersEquity_6392198797001057541" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetAssetValuePerShare" xlink:label="us-gaap_NetAssetValuePerShare_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_639219879700105754" xlink:to="us-gaap_NetAssetValuePerShare_639219879700105754" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedStatementsOfAssetsAndLiabilitiesParenthetical" xlink:type="extended" xlink:title="995200105 - Statement - CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (Parenthetical)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfFinancialPositionAbstract_1" xlink:to="us-gaap_StatementTable_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationAxis" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationDomain" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerControlledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentUnaffiliatedIssuerMember" xlink:label="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_StatementLineItems_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_CommonStockSharesAuthorized_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_CommonStockSharesIssued_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_CommonStockSharesOutstanding_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="extended" xlink:title="995200200 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_StatementTable_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationAxis" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationDomain" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationAxis_639219879700105754" xlink:to="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerControlledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentUnaffiliatedIssuerMember" xlink:label="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700105754" xlink:to="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_639219879700105754" xlink:to="us-gaap_StatementLineItems_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_RevenuesAbstract_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestIncomeOperatingPaidInCash" xlink:label="us-gaap_InterestIncomeOperatingPaidInCash_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_639219879700105754" xlink:to="us-gaap_InterestIncomeOperatingPaidInCash_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestIncomeOperatingPaidInKind" xlink:label="us-gaap_InterestIncomeOperatingPaidInKind_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_639219879700105754" xlink:to="us-gaap_InterestIncomeOperatingPaidInKind_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherIncome" xlink:label="us-gaap_OtherIncome_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_639219879700105754" xlink:to="us-gaap_OtherIncome_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GrossInvestmentIncomeOperating" xlink:label="us-gaap_GrossInvestmentIncomeOperating_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_639219879700105754" xlink:to="us-gaap_GrossInvestmentIncomeOperating_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="us-gaap_OperatingExpensesAbstract_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_OperatingExpensesAbstract_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ManagementFeeExpense" xlink:label="us-gaap_ManagementFeeExpense_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_ManagementFeeExpense_639219879700105754" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ValuationFeeExpenses" xlink:label="scm_ValuationFeeExpenses_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="scm_ValuationFeeExpenses_639219879700105754" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_GeneralAndAdministrativeExpense_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncomeIncentiveExpenses" xlink:label="scm_IncomeIncentiveExpenses_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="scm_IncomeIncentiveExpenses_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProfessionalFees" xlink:label="us-gaap_ProfessionalFees_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_ProfessionalFees_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DirectorsFee" xlink:label="scm_DirectorsFee_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="scm_DirectorsFee_639219879700105754" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeneralInsuranceExpense" xlink:label="us-gaap_GeneralInsuranceExpense_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_GeneralInsuranceExpense_639219879700105754" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseOperating" xlink:label="us-gaap_InterestExpenseOperating_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_InterestExpenseOperating_639219879700105754" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_IncomeTaxExpenseBenefit_639219879700105754" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherSellingGeneralAndAdministrativeExpense" xlink:label="us-gaap_OtherSellingGeneralAndAdministrativeExpense_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_OtherSellingGeneralAndAdministrativeExpense_639219879700105754" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_OperatingExpenses_639219879700105754" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyVoluntaryFeeWaived" xlink:label="us-gaap_InvestmentCompanyVoluntaryFeeWaived_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_InvestmentCompanyVoluntaryFeeWaived_639219879700105754" order="12" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement" xlink:label="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_639219879700105754" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetInvestmentIncome" xlink:label="us-gaap_NetInvestmentIncome_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingExpensesAbstract_639219879700105754" xlink:to="us-gaap_NetInvestmentIncome_639219879700105754" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="us-gaap_RealizedInvestmentGainsLosses_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_RealizedInvestmentGainsLosses_639219879700105754" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ForeignCurrencyTransactionGainLossRealized" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossRealized_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossRealized_639219879700105754" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_UnrealizedGainLossOnInvestments_639219879700105754" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax_639219879700105754" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_NetIncomeLoss_639219879700105754" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NetInvestmentIncomeLossPerShareBasic" xlink:label="scm_NetInvestmentIncomeLossPerShareBasic_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="scm_NetInvestmentIncomeLossPerShareBasic_639219879700105754" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NetInvestmentIncomeLossPerShareDiluted" xlink:label="scm_NetInvestmentIncomeLossPerShareDiluted_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="scm_NetInvestmentIncomeLossPerShareDiluted_639219879700105754" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_EarningsPerShareBasic_639219879700105754" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_EarningsPerShareDiluted_639219879700105754" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879700105754" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879700105754" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879700206169" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_639219879700105754" xlink:to="us-gaap_CommonStockDividendsPerShareCashPaid_639219879700206169" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedStatementsOfChangesInNetAssets" xlink:type="extended" xlink:title="995200300 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyChangesInNetAssetsTable" xlink:label="us-gaap_InvestmentCompanyChangesInNetAssetsTable_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_InvestmentCompanyChangesInNetAssetsTable_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsTable_639219879700206169" xlink:to="us-gaap_StatementEquityComponentsAxis_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquityComponentDomain" xlink:label="us-gaap_EquityComponentDomain_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_639219879700206169" xlink:to="us-gaap_EquityComponentDomain_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityComponentDomain_639219879700206169" xlink:to="us-gaap_CommonStockMember_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityComponentDomain_639219879700206169" xlink:to="us-gaap_AdditionalPaidInCapitalMember_639219879700206169" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityComponentDomain_639219879700206169" xlink:to="us-gaap_RetainedEarningsMember_639219879700206169" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyChangesInNetAssetsLineItems" xlink:label="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsTable_639219879700206169" xlink:to="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_CommonStockSharesIssued_639219879700206169" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIncomeOperatingAfterExpenseAndTax" xlink:label="us-gaap_InvestmentIncomeOperatingAfterExpenseAndTax_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_InvestmentIncomeOperatingAfterExpenseAndTax_639219879700206169" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax" xlink:label="us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax_639219879700206169" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ForeignCurrencyTransactionGainLossRealizedAfterTax" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossRealizedAfterTax_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossRealizedAfterTax_639219879700206169" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_UnrealizedGainLossOnInvestments_639219879700206169" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ForeignCurrencyTransactionGainLossUnrealizedAfterTax" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealizedAfterTax_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossUnrealizedAfterTax_639219879700206169" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyDividendDistribution" xlink:label="us-gaap_InvestmentCompanyDividendDistribution_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_InvestmentCompanyDividendDistribution_639219879700206169" order="8" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_639219879700206169" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700206169" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879700206169" order="11" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700206169" order="12" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_6392198797002061691" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_6392198797002061691" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued_6392198797002061691" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyChangesInNetAssetsLineItems_639219879700206169" xlink:to="us-gaap_CommonStockSharesIssued_6392198797002061691" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="extended" xlink:title="995200400 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_NetIncomeLoss_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity" xlink:label="us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity_639219879700206169" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity" xlink:label="us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_ProceedsFromDispositionOfInvestmentOperatingActivity_639219879700206169" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NonCashDebtAndEquitySecuritiesUnrealizedGainLoss" xlink:label="scm_NonCashDebtAndEquitySecuritiesUnrealizedGainLoss_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_NonCashDebtAndEquitySecuritiesUnrealizedGainLoss_639219879700206169" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DecreaseIncreaseInForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax" xlink:label="scm_DecreaseIncreaseInForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_DecreaseIncreaseInForeignCurrencyTransactionGainLossUnrealizedExcludingInvestmentPriceChangeBeforeTax_639219879700206169" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInReceivableForInvestmentSold" xlink:label="us-gaap_IncreaseDecreaseInReceivableForInvestmentSold_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_IncreaseDecreaseInReceivableForInvestmentSold_639219879700206169" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium" xlink:label="us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium_639219879700206169" order="6" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfLoanStructureFee" xlink:label="scm_AmortizationOfLoanStructureFee_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_AmortizationOfLoanStructureFee_639219879700206169" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_AmortizationOfFinancingCosts_639219879700206169" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AmortizationOfDebtDiscountPremium" xlink:label="us-gaap_AmortizationOfDebtDiscountPremium_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_AmortizationOfDebtDiscountPremium_639219879700206169" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfDebtPremium" xlink:label="scm_AmortizationOfDebtPremium_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_AmortizationOfDebtPremium_639219879700206169" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfFinancingCostGuaranteedDebt" xlink:label="scm_AmortizationOfFinancingCostGuaranteedDebt_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_AmortizationOfFinancingCostGuaranteedDebt_639219879700206169" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NetRealizedGainsLossesOnInvestmentsCashFlowImpacts" xlink:label="scm_NetRealizedGainsLossesOnInvestmentsCashFlowImpacts_639219879700206169" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="scm_NetRealizedGainsLossesOnInvestmentsCashFlowImpacts_639219879700206169" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInOtherReceivables" xlink:label="us-gaap_IncreaseDecreaseInOtherReceivables_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInOtherReceivables_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInDueFromRelatedParties" xlink:label="us-gaap_IncreaseDecreaseInDueFromRelatedParties_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInDueFromRelatedParties_639219879700261668" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInPrepaidExpense" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInPrepaidExpense_639219879700261668" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInManagementFeePayable" xlink:label="us-gaap_IncreaseDecreaseInManagementFeePayable_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInManagementFeePayable_639219879700261668" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInIncentiveFeePayable" xlink:label="us-gaap_IncreaseDecreaseInIncentiveFeePayable_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInIncentiveFeePayable_639219879700261668" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_639219879700261668" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="us-gaap_IncreaseDecreaseInInterestPayableNet_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInInterestPayableNet_639219879700261668" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInDueToRelatedParties" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedParties_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInDueToRelatedParties_639219879700261668" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInDeferredRevenue" xlink:label="us-gaap_IncreaseDecreaseInDeferredRevenue_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInDeferredRevenue_639219879700261668" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_639219879700261668" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncreaseDecreaseInOtherAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_639219879700261668" xlink:to="us-gaap_IncreaseDecreaseInOtherAccruedLiabilities_639219879700261668" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_639219879700206169" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_639219879700261668" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfCommonStockSalesLoad" xlink:label="scm_PaymentsOfCommonStockSalesLoad_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="scm_PaymentsOfCommonStockSalesLoad_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfStockIssuanceCosts" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_PaymentsOfStockIssuanceCosts_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_639219879700261668" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfCommissionForRepurchaseOfCommonStock" xlink:label="scm_PaymentsOfCommissionForRepurchaseOfCommonStock_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="scm_PaymentsOfCommissionForRepurchaseOfCommonStock_639219879700261668" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfDividends" xlink:label="us-gaap_PaymentsOfDividends_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_PaymentsOfDividends_639219879700261668" order="6" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_PaymentsOfDebtIssuanceCosts_639219879700261668" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="us-gaap_RepaymentsOfLongTermDebt_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_RepaymentsOfLongTermDebt_639219879700261668" order="8" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="us-gaap_ProceedsFromLinesOfCredit_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_ProceedsFromLinesOfCredit_639219879700261668" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_639219879700261668" order="10" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_639219879700261668" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_639219879700261668" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_639219879700261668" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_6392198797002616681" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations_6392198797002616681" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_639219879700261668" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract_639219879700261668" xlink:to="us-gaap_InterestPaidNet_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="us-gaap_IncomeTaxesPaidNet_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract_639219879700261668" xlink:to="us-gaap_IncomeTaxesPaidNet_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GainLossOnExchangeOfInvestments" xlink:label="scm_GainLossOnExchangeOfInvestments_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract_639219879700261668" xlink:to="scm_GainLossOnExchangeOfInvestments_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedScheduleOfInvestments" xlink:type="extended" xlink:title="995200500 - Statement - CONSOLIDATED SCHEDULE OF INVESTMENTS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsAbstract_1" xlink:to="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIdentifierAxis" xlink:label="us-gaap_InvestmentIdentifierAxis_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_InvestmentIdentifierAxis_639219879700261668" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationAxis" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_InvestmentIssuerAffiliationAxis_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationDomain" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationAxis_639219879700261668" xlink:to="us-gaap_InvestmentIssuerAffiliationDomain_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerControlledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700261668" xlink:to="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentUnaffiliatedIssuerMember" xlink:label="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700261668" xlink:to="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700261668" xlink:to="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameAxis" xlink:label="us-gaap_InvestmentIssuerNameAxis_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_InvestmentIssuerNameAxis_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameDomain" xlink:label="us-gaap_InvestmentIssuerNameDomain_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameAxis_639219879700261668" xlink:to="us-gaap_InvestmentIssuerNameDomain_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EHRealEstateServicesLLCMember" xlink:label="scm_EHRealEstateServicesLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EHRealEstateServicesLLCMember_639219879700261668" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TwoXLlcMember" xlink:label="scm_TwoXLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TwoXLlcMember_639219879700261668" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FidusSystemsIncMember" xlink:label="scm_FidusSystemsIncMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_FidusSystemsIncMember_639219879700261668" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PacificShoringProductsLlcMember" xlink:label="scm_PacificShoringProductsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PacificShoringProductsLlcMember_639219879700261668" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Ad.NetAcquisitionLLCMember" xlink:label="scm_Ad.NetAcquisitionLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_Ad.NetAcquisitionLLCMember_639219879700261668" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdcellerantLlcMember" xlink:label="scm_AdcellerantLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AdcellerantLlcMember_639219879700261668" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ADSGroupOpcoLLCMember" xlink:label="scm_ADSGroupOpcoLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ADSGroupOpcoLLCMember_639219879700261668" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmericanRefrigerationLlcMember" xlink:label="scm_AmericanRefrigerationLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AmericanRefrigerationLlcMember_639219879700261668" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdvancedBarrierExtrusionsLLCMember" xlink:label="scm_AdvancedBarrierExtrusionsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AdvancedBarrierExtrusionsLLCMember_639219879700261668" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AgtRobotiqueInc.Member" xlink:label="scm_AgtRobotiqueInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AgtRobotiqueInc.Member_639219879700261668" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmiiAcquisitionLlcMember" xlink:label="scm_AmiiAcquisitionLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AmiiAcquisitionLlcMember_639219879700261668" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmikaOpcoLlcMember" xlink:label="scm_AmikaOpcoLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AmikaOpcoLlcMember_639219879700261668" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AnneLewisStrategiesLLCMember" xlink:label="scm_AnneLewisStrategiesLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AnneLewisStrategiesLLCMember_639219879700261668" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_APEHoldingsLLCMember" xlink:label="scm_APEHoldingsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_APEHoldingsLLCMember_639219879700261668" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ArborworksLlcMember" xlink:label="scm_ArborworksLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ArborworksLlcMember_639219879700261668" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AtmosphereAggregatorHoldingsIIL.P.Member" xlink:label="scm_AtmosphereAggregatorHoldingsIIL.P.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AtmosphereAggregatorHoldingsIIL.P.Member_639219879700261668" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ArctiqInc.Member" xlink:label="scm_ArctiqInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ArctiqInc.Member_639219879700261668" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AxisPortableAirLLCMember" xlink:label="scm_AxisPortableAirLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_AxisPortableAirLLCMember_639219879700261668" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BakerManufacturingCompanyLlcMember" xlink:label="scm_BakerManufacturingCompanyLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_BakerManufacturingCompanyLlcMember_639219879700261668" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BartAndAssociatesLlcMember" xlink:label="scm_BartAndAssociatesLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_BartAndAssociatesLlcMember_639219879700261668" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BlProductsParentL.p.Member" xlink:label="scm_BlProductsParentL.p.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_BlProductsParentL.p.Member_639219879700261668" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CafeValleyInc.Member" xlink:label="scm_CafeValleyInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CafeValleyInc.Member_639219879700261668" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CampProfilesLLCMember" xlink:label="scm_CampProfilesLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CampProfilesLLCMember_639219879700261668" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CarolinasBuyerInc.DelayedDrawTermLoanMember" xlink:label="scm_CarolinasBuyerInc.DelayedDrawTermLoanMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CarolinasBuyerInc.DelayedDrawTermLoanMember_639219879700261668" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CarolinasBuyerInc.Member" xlink:label="scm_CarolinasBuyerInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CarolinasBuyerInc.Member_639219879700261668" order="25" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CEATIInternationalInc.Member" xlink:label="scm_CEATIInternationalInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CEATIInternationalInc.Member_639219879700261668" order="26" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CerebroBuyerLlcMember" xlink:label="scm_CerebroBuyerLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CerebroBuyerLlcMember_639219879700261668" order="27" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CfArchHoldingsLlcMember" xlink:label="scm_CfArchHoldingsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CfArchHoldingsLlcMember_639219879700261668" order="28" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CF512Inc.Member" xlink:label="scm_CF512Inc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CF512Inc.Member_639219879700261668" order="29" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ChampionServicesAcquirecoLlcMember" xlink:label="scm_ChampionServicesAcquirecoLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ChampionServicesAcquirecoLlcMember_639219879700261668" order="30" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ChannelPartnersIntermediatecoLlcMember" xlink:label="scm_ChannelPartnersIntermediatecoLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ChannelPartnersIntermediatecoLlcMember_639219879700261668" order="31" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CompleteCaseLLCMember" xlink:label="scm_CompleteCaseLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CompleteCaseLLCMember_639219879700261668" order="32" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Compost360AcquisitionLlcMember" xlink:label="scm_Compost360AcquisitionLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_Compost360AcquisitionLlcMember_639219879700261668" order="33" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CopilotProviderSupportServicesLlcMember" xlink:label="scm_CopilotProviderSupportServicesLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CopilotProviderSupportServicesLlcMember_639219879700261668" order="34" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CraftableIntermediateIIIncMember" xlink:label="scm_CraftableIntermediateIIIncMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CraftableIntermediateIIIncMember_639219879700261668" order="35" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CurionHoldingsLlcMember" xlink:label="scm_CurionHoldingsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_CurionHoldingsLlcMember_639219879700261668" order="36" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DfoEnterprisesLlcMember" xlink:label="scm_DfoEnterprisesLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_DfoEnterprisesLlcMember_639219879700261668" order="37" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DmdSystemsRecoveryLlcMember" xlink:label="scm_DmdSystemsRecoveryLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_DmdSystemsRecoveryLlcMember_639219879700261668" order="38" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ElderCareOpcoLlcDelayedDrawTermLoanMember" xlink:label="scm_ElderCareOpcoLlcDelayedDrawTermLoanMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ElderCareOpcoLlcDelayedDrawTermLoanMember_639219879700261668" order="39" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ElderCareOpcoLlcMember" xlink:label="scm_ElderCareOpcoLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ElderCareOpcoLlcMember_639219879700261668" order="40" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DteHoldingCompanyLlcMember" xlink:label="scm_DteHoldingCompanyLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_DteHoldingCompanyLlcMember_639219879700261668" order="41" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EnvironmentalRemediesLlcMember" xlink:label="scm_EnvironmentalRemediesLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EnvironmentalRemediesLlcMember_639219879700261668" order="42" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ElliottAviationLLCMember" xlink:label="scm_ElliottAviationLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ElliottAviationLLCMember_639219879700261668" order="43" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EskolaLlcMember" xlink:label="scm_EskolaLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EskolaLlcMember_639219879700261668" order="44" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EquineNetworkLlcMember" xlink:label="scm_EquineNetworkLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EquineNetworkLlcMember_639219879700261668" order="45" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EvolvConsultingLLCMember" xlink:label="scm_EvolvConsultingLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EvolvConsultingLLCMember_639219879700261668" order="46" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EvriholderAcquisitionInc.Member" xlink:label="scm_EvriholderAcquisitionInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_EvriholderAcquisitionInc.Member_639219879700261668" order="47" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ExactaLandSurveyorsLLCMember" xlink:label="scm_ExactaLandSurveyorsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ExactaLandSurveyorsLLCMember_639219879700261668" order="48" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ExigoLLCMember" xlink:label="scm_ExigoLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ExigoLLCMember_639219879700261668" order="49" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FairwaveHoldingsLlcMember" xlink:label="scm_FairwaveHoldingsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_FairwaveHoldingsLlcMember_639219879700261668" order="50" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FiscalnoteBoardsLlcMember" xlink:label="scm_FiscalnoteBoardsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_FiscalnoteBoardsLlcMember_639219879700261668" order="51" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GeneralLEDOPCOLLCMember" xlink:label="scm_GeneralLEDOPCOLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_GeneralLEDOPCOLLCMember_639219879700261668" order="52" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GSHVAMIntermediateLLCMember" xlink:label="scm_GSHVAMIntermediateLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_GSHVAMIntermediateLLCMember_639219879700261668" order="53" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GsfBuyerLlcMember" xlink:label="scm_GsfBuyerLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_GsfBuyerLlcMember_639219879700261668" order="54" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GsfBuyerLlcDelayedDrawTermLoanMember" xlink:label="scm_GsfBuyerLlcDelayedDrawTermLoanMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_GsfBuyerLlcDelayedDrawTermLoanMember_639219879700261668" order="55" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GuidantCorpMember" xlink:label="scm_GuidantCorpMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_GuidantCorpMember_639219879700261668" order="56" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HuskAcquirecoIncMember" xlink:label="scm_HuskAcquirecoIncMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_HuskAcquirecoIncMember_639219879700261668" order="57" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HVWattersonHoldingsLLCMember" xlink:label="scm_HVWattersonHoldingsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_HVWattersonHoldingsLLCMember_639219879700261668" order="58" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_I2PHoldingsLLCMember" xlink:label="scm_I2PHoldingsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_I2PHoldingsLLCMember_639219879700261668" order="59" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IdentityTheftGuardSolutionsInc.Member" xlink:label="scm_IdentityTheftGuardSolutionsInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_IdentityTheftGuardSolutionsInc.Member_639219879700261668" order="60" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ImpactHomeServicesLlcMember" xlink:label="scm_ImpactHomeServicesLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ImpactHomeServicesLlcMember_639219879700261668" order="61" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InfolinksMediaBuycoLLCMember" xlink:label="scm_InfolinksMediaBuycoLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InfolinksMediaBuycoLLCMember_639219879700261668" order="62" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InformativLlcMember" xlink:label="scm_InformativLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InformativLlcMember_639219879700261668" order="63" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InoappsBidcoLLCMember" xlink:label="scm_InoappsBidcoLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InoappsBidcoLLCMember_639219879700261668" order="64" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvincibleBoatCompanyLLCMember" xlink:label="scm_InvincibleBoatCompanyLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InvincibleBoatCompanyLLCMember_639219879700261668" order="65" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InovexInformationSystemsIncorporatedMember" xlink:label="scm_InovexInformationSystemsIncorporatedMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InovexInformationSystemsIncorporatedMember_639219879700261668" order="66" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InternationalCyberneticsAcquisitionLlcDelayedDrawTermLoanMember" xlink:label="scm_InternationalCyberneticsAcquisitionLlcDelayedDrawTermLoanMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InternationalCyberneticsAcquisitionLlcDelayedDrawTermLoanMember_639219879700261668" order="67" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InternationalCyberneticsAcquisitionLlcMember" xlink:label="scm_InternationalCyberneticsAcquisitionLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_InternationalCyberneticsAcquisitionLlcMember_639219879700261668" order="68" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_J.R.WatkinsLLCMember" xlink:label="scm_J.R.WatkinsLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_J.R.WatkinsLLCMember_639219879700261668" order="69" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LedgeLoungerInc.Member" xlink:label="scm_LedgeLoungerInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_LedgeLoungerInc.Member_639219879700261668" order="70" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LightningIntermediateIILLCMember" xlink:label="scm_LightningIntermediateIILLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_LightningIntermediateIILLCMember_639219879700261668" order="71" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LuxiumSolutionsLlcMember" xlink:label="scm_LuxiumSolutionsLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_LuxiumSolutionsLlcMember_639219879700261668" order="72" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MackenzieChildsAcquisitionIncMember" xlink:label="scm_MackenzieChildsAcquisitionIncMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MackenzieChildsAcquisitionIncMember_639219879700261668" order="73" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MadisonLogicInc.Member" xlink:label="scm_MadisonLogicInc.Member_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MadisonLogicInc.Member_639219879700261668" order="74" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MbhManagementLlcMember" xlink:label="scm_MbhManagementLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MbhManagementLlcMember_639219879700261668" order="75" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MedlearningGroupLlcMember" xlink:label="scm_MedlearningGroupLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MedlearningGroupLlcMember_639219879700261668" order="76" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MichelliLlcMember" xlink:label="scm_MichelliLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MichelliLlcMember_639219879700261668" order="77" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MicrobeFormulasLLCMember" xlink:label="scm_MicrobeFormulasLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MicrobeFormulasLLCMember_639219879700261668" order="78" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MOMEnterprisesLLCMember" xlink:label="scm_MOMEnterprisesLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MOMEnterprisesLLCMember_639219879700261668" order="79" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MonarchBehavioralTherapyLlcMember" xlink:label="scm_MonarchBehavioralTherapyLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MonarchBehavioralTherapyLlcMember_639219879700261668" order="80" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MonitorusHoldingLLCMember" xlink:label="scm_MonitorusHoldingLLCMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MonitorusHoldingLLCMember_639219879700261668" order="81" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MobotrexAcquisitionLlcMember" xlink:label="scm_MobotrexAcquisitionLlcMember_639219879700261668" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MobotrexAcquisitionLlcMember_639219879700261668" order="82" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MorganElectricalGroupIntermediateHoldingsInc.Member" xlink:label="scm_MorganElectricalGroupIntermediateHoldingsInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MorganElectricalGroupIntermediateHoldingsInc.Member_639219879700418524" order="83" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NaumannHobbsMaterialHandlingCorporationIIInc.Member" xlink:label="scm_NaumannHobbsMaterialHandlingCorporationIIInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_NaumannHobbsMaterialHandlingCorporationIIInc.Member_639219879700418524" order="84" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NinjioLlcMember" xlink:label="scm_NinjioLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_NinjioLlcMember_639219879700418524" order="85" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NorplexMicartaAcquisitionInc.Member" xlink:label="scm_NorplexMicartaAcquisitionInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_NorplexMicartaAcquisitionInc.Member_639219879700418524" order="86" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PacificShoringHoldingsLlcMember" xlink:label="scm_PacificShoringHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PacificShoringHoldingsLlcMember_639219879700418524" order="87" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NS412LLCMember" xlink:label="scm_NS412LLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_NS412LLCMember_639219879700418524" order="88" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OnpointIndustrialServicesLLCMember" xlink:label="scm_OnpointIndustrialServicesLLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_OnpointIndustrialServicesLLCMember_639219879700418524" order="89" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OwRsgLlcMember" xlink:label="scm_OwRsgLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_OwRsgLlcMember_639219879700418524" order="90" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PCPMTAggregatorHoldingsL.P.Member" xlink:label="scm_PCPMTAggregatorHoldingsL.P.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PCPMTAggregatorHoldingsL.P.Member_639219879700418524" order="91" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PCSSoftwareInc.Member" xlink:label="scm_PCSSoftwareInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PCSSoftwareInc.Member_639219879700418524" order="92" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PearlMediaHoldingsLlcMember" xlink:label="scm_PearlMediaHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PearlMediaHoldingsLlcMember_639219879700418524" order="93" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PeltramGroupHoldingsLlcMember" xlink:label="scm_PeltramGroupHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PeltramGroupHoldingsLlcMember_639219879700418524" order="94" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PilotPowerGroupAcquisitionInc.Member" xlink:label="scm_PilotPowerGroupAcquisitionInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PilotPowerGroupAcquisitionInc.Member_639219879700418524" order="95" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PrecisionStrategiesLlcMember" xlink:label="scm_PrecisionStrategiesLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PrecisionStrategiesLlcMember_639219879700418524" order="96" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PremiereDigitalServicesInc.Member" xlink:label="scm_PremiereDigitalServicesInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PremiereDigitalServicesInc.Member_639219879700418524" order="97" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PureUpperHoldcoLlcMember" xlink:label="scm_PureUpperHoldcoLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PureUpperHoldcoLlcMember_639219879700418524" order="98" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RechargedOpcoLlcMember" xlink:label="scm_RechargedOpcoLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_RechargedOpcoLlcMember_639219879700418524" order="99" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SilverCorporateHoldingsLlcMember" xlink:label="scm_SilverCorporateHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SilverCorporateHoldingsLlcMember_639219879700418524" order="100" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RechargedOpcoLlcRevolverMember" xlink:label="scm_RechargedOpcoLlcRevolverMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_RechargedOpcoLlcRevolverMember_639219879700418524" order="101" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PlusDeltaBuyerLlcMember" xlink:label="scm_PlusDeltaBuyerLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_PlusDeltaBuyerLlcMember_639219879700418524" order="102" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RedSAllNaturalLlcMember" xlink:label="scm_RedSAllNaturalLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_RedSAllNaturalLlcMember_639219879700418524" order="103" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RiaAdvisoryBorrowerLlcMember" xlink:label="scm_RiaAdvisoryBorrowerLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_RiaAdvisoryBorrowerLlcMember_639219879700418524" order="104" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SaidIntermediateLlcMember" xlink:label="scm_SaidIntermediateLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SaidIntermediateLlcMember_639219879700418524" order="105" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SalesBenchmarkIndexLLCMember" xlink:label="scm_SalesBenchmarkIndexLLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SalesBenchmarkIndexLLCMember_639219879700418524" order="106" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SimplerTradingLlcMember" xlink:label="scm_SimplerTradingLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SimplerTradingLlcMember_639219879700418524" order="107" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SolidSurfaceHoldcoLlcMember" xlink:label="scm_SolidSurfaceHoldcoLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SolidSurfaceHoldcoLlcMember_639219879700418524" order="108" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SolomonAcquisitioncoLlcMember" xlink:label="scm_SolomonAcquisitioncoLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SolomonAcquisitioncoLlcMember_639219879700418524" order="109" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SpectraConfectioneryLimitedMember" xlink:label="scm_SpectraConfectioneryLimitedMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SpectraConfectioneryLimitedMember_639219879700418524" order="110" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StrategusLlcMember" xlink:label="scm_StrategusLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_StrategusLlcMember_639219879700418524" order="111" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SynergyHealthPartnersMsoLlcMember" xlink:label="scm_SynergyHealthPartnersMsoLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_SynergyHealthPartnersMsoLlcMember_639219879700418524" order="112" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TacLifeportHoldingsLlcMember" xlink:label="scm_TacLifeportHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TacLifeportHoldingsLlcMember_639219879700418524" order="113" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TeckrezLlcMember" xlink:label="scm_TeckrezLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TeckrezLlcMember_639219879700418524" order="114" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HardenberghGroupInc.Member" xlink:label="scm_HardenberghGroupInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_HardenberghGroupInc.Member_639219879700418524" order="115" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MillenniumAllianceLlcMember" xlink:label="scm_MillenniumAllianceLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_MillenniumAllianceLlcMember_639219879700418524" order="116" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Tiger21LLCMember" xlink:label="scm_Tiger21LLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_Tiger21LLCMember_639219879700418524" order="117" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TilleyDistributionInc.Member" xlink:label="scm_TilleyDistributionInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TilleyDistributionInc.Member_639219879700418524" order="118" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TradependingOpcoAggregatorLlcMember" xlink:label="scm_TradependingOpcoAggregatorLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TradependingOpcoAggregatorLlcMember_639219879700418524" order="119" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TriplepointAcquisitionHoldingsLlcMember" xlink:label="scm_TriplepointAcquisitionHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_TriplepointAcquisitionHoldingsLlcMember_639219879700418524" order="120" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_UnicatCatalystHoldingsLLCMember" xlink:label="scm_UnicatCatalystHoldingsLLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_UnicatCatalystHoldingsLLCMember_639219879700418524" order="121" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_U.S.ExpeditersLLCMember" xlink:label="scm_U.S.ExpeditersLLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_U.S.ExpeditersLLCMember_639219879700418524" order="122" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_UsdtlAcquisitionCoInc.Member" xlink:label="scm_UsdtlAcquisitionCoInc.Member_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_UsdtlAcquisitionCoInc.Member_639219879700418524" order="123" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_VenbrookBuyerLLCMember" xlink:label="scm_VenbrookBuyerLLCMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_VenbrookBuyerLLCMember_639219879700418524" order="124" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ValorBuycoMember" xlink:label="scm_ValorBuycoMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_ValorBuycoMember_639219879700418524" order="125" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_VelosourcePurchaserLlcMember" xlink:label="scm_VelosourcePurchaserLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_VelosourcePurchaserLlcMember_639219879700418524" order="126" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WattersonRenewalcoHoldingsLlcMember" xlink:label="scm_WattersonRenewalcoHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_WattersonRenewalcoHoldingsLlcMember_639219879700418524" order="127" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WerHoldingsLlcMember" xlink:label="scm_WerHoldingsLlcMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_WerHoldingsLlcMember_639219879700418524" order="128" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WhispsHoldingsLPMember" xlink:label="scm_WhispsHoldingsLPMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700261668" xlink:to="scm_WhispsHoldingsLPMember_639219879700418524" order="129" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_InvestmentTypeAxis_639219879700418524" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879700418524" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" xlink:to="us-gaap_EquitySecuritiesMember_639219879700418524" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FirstLienSecurityMember" xlink:label="scm_FirstLienSecurityMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" xlink:to="scm_FirstLienSecurityMember_639219879700418524" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SecondLienSecurityMember" xlink:label="scm_SecondLienSecurityMember_639219879700418524" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" xlink:to="scm_SecondLienSecurityMember_639219879700418524" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnsecuredDebtMember" xlink:label="us-gaap_UnsecuredDebtMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" xlink:to="us-gaap_UnsecuredDebtMember_639219879700524031" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DelayedDrawTermLoanCommitmentMember" xlink:label="scm_DelayedDrawTermLoanCommitmentMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700418524" xlink:to="scm_DelayedDrawTermLoanCommitmentMember_639219879700524031" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_StatementGeographicalAxis" xlink:label="srt_StatementGeographicalAxis_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="srt_StatementGeographicalAxis_639219879700524031" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_SegmentGeographicalDomain" xlink:label="srt_SegmentGeographicalDomain_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_StatementGeographicalAxis_639219879700524031" xlink:to="srt_SegmentGeographicalDomain_639219879700524031" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2026/country-2026.xsd#country_CA" xlink:label="country_CA_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879700524031" xlink:to="country_CA_639219879700524031" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_CA" xlink:label="stpr_CA_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879700524031" xlink:to="stpr_CA_639219879700524031" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesByIndustryAxis" xlink:label="us-gaap_EquitySecuritiesByIndustryAxis_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_EquitySecuritiesByIndustryAxis_639219879700524031" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesIndustryMember" xlink:label="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesByIndustryAxis_639219879700524031" xlink:to="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdvertisingPrintingAndPublishingMediaSectorMember" xlink:label="scm_AdvertisingPrintingAndPublishingMediaSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_AdvertisingPrintingAndPublishingMediaSectorMember_639219879700524031" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AerospaceAndDefenseSectorMember" xlink:label="scm_AerospaceAndDefenseSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_AerospaceAndDefenseSectorMember_639219879700524031" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FoodAndBeverageSectorMember" xlink:label="us-gaap_FoodAndBeverageSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="us-gaap_FoodAndBeverageSectorMember_639219879700524031" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BroadcastingAndSubscriptionMediaSectorMember" xlink:label="scm_BroadcastingAndSubscriptionMediaSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_BroadcastingAndSubscriptionMediaSectorMember_639219879700524031" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WholesaleSectorMember" xlink:label="scm_WholesaleSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_WholesaleSectorMember_639219879700524031" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BusinessServicesSectorMember" xlink:label="scm_BusinessServicesSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_BusinessServicesSectorMember_639219879700524031" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalEquipmentSectorMember" xlink:label="scm_CapitalEquipmentSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_CapitalEquipmentSectorMember_639219879700524031" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ChemicalsPlasticsAndRubberSectorMember" xlink:label="scm_ChemicalsPlasticsAndRubberSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_ChemicalsPlasticsAndRubberSectorMember_639219879700524031" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ConsumerServicesSectorMember" xlink:label="scm_ConsumerServicesSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_ConsumerServicesSectorMember_639219879700524031" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ConstructionSectorMember" xlink:label="us-gaap_ConstructionSectorMember_639219879700524031" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="us-gaap_ConstructionSectorMember_639219879700524031" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ContainersPackagingAndGlassSectorMember" xlink:label="scm_ContainersPackagingAndGlassSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_ContainersPackagingAndGlassSectorMember_639219879700579580" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DiversifiedAndProductionMediaSectorMember" xlink:label="scm_DiversifiedAndProductionMediaSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_DiversifiedAndProductionMediaSectorMember_639219879700579580" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DurableConsumerGoodsSectorMember" xlink:label="scm_DurableConsumerGoodsSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_DurableConsumerGoodsSectorMember_639219879700579580" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EducationSectorMember" xlink:label="scm_EducationSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_EducationSectorMember_639219879700579580" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EnvironmentalIndustriesSectorMember" xlink:label="scm_EnvironmentalIndustriesSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_EnvironmentalIndustriesSectorMember_639219879700579580" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FinanceInsuranceAndRealEstateSectorMember" xlink:label="scm_FinanceInsuranceAndRealEstateSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_FinanceInsuranceAndRealEstateSectorMember_639219879700579580" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FinancialServicesSectorMember" xlink:label="us-gaap_FinancialServicesSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="us-gaap_FinancialServicesSectorMember_639219879700579580" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_HealthcareSectorMember" xlink:label="us-gaap_HealthcareSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="us-gaap_HealthcareSectorMember_639219879700579580" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HotelGamingAndLeisureSectorMember" xlink:label="scm_HotelGamingAndLeisureSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_HotelGamingAndLeisureSectorMember_639219879700579580" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Non-DurableConsumerGoodsSectorMember" xlink:label="scm_Non-DurableConsumerGoodsSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_Non-DurableConsumerGoodsSectorMember_639219879700579580" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OilAndGasEnergySectorMember" xlink:label="scm_OilAndGasEnergySectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_OilAndGasEnergySectorMember_639219879700579580" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TransportationAndLogisticsSectorMember" xlink:label="scm_TransportationAndLogisticsSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_TransportationAndLogisticsSectorMember_639219879700579580" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetailSectorMember" xlink:label="us-gaap_RetailSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="us-gaap_RetailSectorMember_639219879700579580" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HighTechIndustriesSectorMember" xlink:label="scm_HighTechIndustriesSectorMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879700524031" xlink:to="scm_HighTechIndustriesSectorMember_639219879700579580" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="srt_ConsolidatedEntitiesAxis_639219879700579580" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879700579580" xlink:to="srt_ConsolidatedEntitiesDomain_639219879700579580" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiariesMember" xlink:label="scm_SbicSubsidiariesMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879700579580" xlink:to="scm_SbicSubsidiariesMember_639219879700579580" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicISubsidiaryMember" xlink:label="scm_SbicISubsidiaryMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbicSubsidiariesMember_639219879700579580" xlink:to="scm_SbicISubsidiaryMember_639219879700579580" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicIiSubsidiaryMember" xlink:label="scm_SbicIiSubsidiaryMember_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbicSubsidiariesMember_639219879700579580" xlink:to="scm_SbicIiSubsidiaryMember_639219879700579580" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700261668" xlink:to="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration" xlink:label="us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration_639219879700579580" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameExtensibleEnumeration" xlink:label="us-gaap_InvestmentIssuerNameExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentIssuerNameExtensibleEnumeration_639219879700579580" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeExtensibleEnumeration" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentTypeExtensibleEnumeration_639219879700579580" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerGeographicRegionExtensibleEnumeration" xlink:label="us-gaap_InvestmentIssuerGeographicRegionExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentIssuerGeographicRegionExtensibleEnumeration_639219879700579580" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentInterestRate" xlink:label="us-gaap_InvestmentInterestRate_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentInterestRate_639219879700579580" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration" xlink:label="us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration_639219879700579580" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentBasisSpreadVariableRate" xlink:label="us-gaap_InvestmentBasisSpreadVariableRate_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentBasisSpreadVariableRate_639219879700579580" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentInterestRateFloor" xlink:label="us-gaap_InvestmentInterestRateFloor_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentInterestRateFloor_639219879700579580" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentInterestRatePaidInCash" xlink:label="us-gaap_InvestmentInterestRatePaidInCash_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentInterestRatePaidInCash_639219879700579580" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentInterestRatePaidInKind" xlink:label="us-gaap_InvestmentInterestRatePaidInKind_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentInterestRatePaidInKind_639219879700579580" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAcquisitionDate" xlink:label="us-gaap_InvestmentAcquisitionDate_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentAcquisitionDate_639219879700579580" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentMaturityDate" xlink:label="us-gaap_InvestmentMaturityDate_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentMaturityDate_639219879700579580" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIndustrySectorExtensibleEnumeration" xlink:label="us-gaap_InvestmentIndustrySectorExtensibleEnumeration_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentIndustrySectorExtensibleEnumeration_639219879700579580" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedBalancePrincipalAmount" xlink:label="us-gaap_InvestmentOwnedBalancePrincipalAmount_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentOwnedBalancePrincipalAmount_639219879700579580" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedBalanceShares" xlink:label="us-gaap_InvestmentOwnedBalanceShares_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentOwnedBalanceShares_639219879700579580" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879700579580" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879700579580" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879700579580" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NetInvestmentPercentageOfNetAssets" xlink:label="scm_NetInvestmentPercentageOfNetAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_NetInvestmentPercentageOfNetAssets_639219879700579580" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentNonIncomeProducing" xlink:label="us-gaap_InvestmentNonIncomeProducing_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentNonIncomeProducing_639219879700579580" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentSignificantUnobservableInput" xlink:label="us-gaap_InvestmentSignificantUnobservableInput_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_InvestmentSignificantUnobservableInput_639219879700579580" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LiabilitiesInExcessOfOtherAssets" xlink:label="scm_LiabilitiesInExcessOfOtherAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_LiabilitiesInExcessOfOtherAssets_639219879700579580" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LiabilitiesInExcessOfOtherAssetsPercentageOfNetAssets" xlink:label="scm_LiabilitiesInExcessOfOtherAssetsPercentageOfNetAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_LiabilitiesInExcessOfOtherAssetsPercentageOfNetAssets_639219879700579580" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AssetsNet" xlink:label="us-gaap_AssetsNet_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="us-gaap_AssetsNet_639219879700579580" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfNetAssets" xlink:label="scm_PercentageOfNetAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_PercentageOfNetAssets_639219879700579580" order="25" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentsHeldBySubsidiaryInCash" xlink:label="scm_InvestmentsHeldBySubsidiaryInCash_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_InvestmentsHeldBySubsidiaryInCash_639219879700579580" order="26" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentsHeldBySubsidiaryAtCost" xlink:label="scm_InvestmentsHeldBySubsidiaryAtCost_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_InvestmentsHeldBySubsidiaryAtCost_639219879700579580" order="27" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_QualifyingAssetsAsPercentOfTotalAssets" xlink:label="scm_QualifyingAssetsAsPercentOfTotalAssets_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_QualifyingAssetsAsPercentOfTotalAssets_639219879700579580" order="28" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EquitySecuritiesUncalledCapitalCommitment" xlink:label="scm_EquitySecuritiesUncalledCapitalCommitment_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_EquitySecuritiesUncalledCapitalCommitment_639219879700579580" order="29" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RevolverUnfundedCommitment" xlink:label="scm_RevolverUnfundedCommitment_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_RevolverUnfundedCommitment_639219879700579580" order="30" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditRevolverUnfundedCommitment" xlink:label="scm_LineOfCreditRevolverUnfundedCommitment_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_LineOfCreditRevolverUnfundedCommitment_639219879700579580" order="31" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditRevolverUnfundedCommitmentRateOfCredit" xlink:label="scm_LineOfCreditRevolverUnfundedCommitmentRateOfCredit_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_LineOfCreditRevolverUnfundedCommitmentRateOfCredit_639219879700579580" order="32" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DelayedDrawTermLoanUnfundedCommitment" xlink:label="scm_DelayedDrawTermLoanUnfundedCommitment_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_DelayedDrawTermLoanUnfundedCommitment_639219879700579580" order="33" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RevolverAndDelayedDrawTermLoanUnfundedCommitment" xlink:label="scm_RevolverAndDelayedDrawTermLoanUnfundedCommitment_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_RevolverAndDelayedDrawTermLoanUnfundedCommitment_639219879700579580" order="34" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RevolverUnusedCommitmentFee" xlink:label="scm_RevolverUnusedCommitmentFee_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_RevolverUnusedCommitmentFee_639219879700579580" order="35" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DelayedDrawTermLoanUnusedCommitmentFee" xlink:label="scm_DelayedDrawTermLoanUnusedCommitmentFee_639219879700579580" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700579580" xlink:to="scm_DelayedDrawTermLoanUnusedCommitmentFee_639219879700579580" order="36" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/StatementConsolidatedScheduleOfInvestmentsParenthetical" xlink:type="extended" xlink:title="995200505 - Statement - CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsAbstract" xlink:to="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameAxis" xlink:label="us-gaap_InvestmentIssuerNameAxis_639219879700736477" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" xlink:to="us-gaap_InvestmentIssuerNameAxis_639219879700736477" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameDomain" xlink:label="us-gaap_InvestmentIssuerNameDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameAxis_639219879700736477" xlink:to="us-gaap_InvestmentIssuerNameDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdvancedBarrierExtrusionsLLCMember" xlink:label="scm_AdvancedBarrierExtrusionsLLCMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_AdvancedBarrierExtrusionsLLCMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EHRealEstateServicesLLCMember" xlink:label="scm_EHRealEstateServicesLLCMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_EHRealEstateServicesLLCMember_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_J.R.WatkinsLLCMember" xlink:label="scm_J.R.WatkinsLLCMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_J.R.WatkinsLLCMember_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_VenbrookBuyerLLCMember" xlink:label="scm_VenbrookBuyerLLCMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_VenbrookBuyerLLCMember_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RechargedOpcoLlcMember" xlink:label="scm_RechargedOpcoLlcMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_RechargedOpcoLlcMember_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AgtRobotiqueInc.Member" xlink:label="scm_AgtRobotiqueInc.Member_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_AgtRobotiqueInc.Member_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ADSGroupOpcoLLCMember" xlink:label="scm_ADSGroupOpcoLLCMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879700741938" xlink:to="scm_ADSGroupOpcoLLCMember_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIdentifierAxis" xlink:label="us-gaap_InvestmentIdentifierAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" xlink:to="us-gaap_InvestmentIdentifierAxis_639219879700741938" order="2" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationAxis" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" xlink:to="us-gaap_InvestmentIssuerAffiliationAxis_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationDomain" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationAxis_639219879700741938" xlink:to="us-gaap_InvestmentIssuerAffiliationDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerControlledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700741938" xlink:to="us-gaap_InvestmentAffiliatedIssuerControlledMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember" xlink:label="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700741938" xlink:to="us-gaap_InvestmentAffiliatedIssuerNoncontrolledMember_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentUnaffiliatedIssuerMember" xlink:label="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerAffiliationDomain_639219879700741938" xlink:to="us-gaap_InvestmentUnaffiliatedIssuerMember_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" xlink:to="us-gaap_InvestmentTypeAxis_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879700741938" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FirstLienSecurityMember" xlink:label="scm_FirstLienSecurityMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700741938" xlink:to="scm_FirstLienSecurityMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879700741938" xlink:to="us-gaap_EquitySecuritiesMember_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsTable_639219879700736477" xlink:to="us-gaap_ScheduleOfInvestmentsLineItems_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems_639219879700741938" xlink:to="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration" xlink:label="us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentIssuerAffiliationExtensibleEnumeration_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameExtensibleEnumeration" xlink:label="us-gaap_InvestmentIssuerNameExtensibleEnumeration_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentIssuerNameExtensibleEnumeration_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeExtensibleEnumeration" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentTypeExtensibleEnumeration_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIndustrySectorExtensibleEnumeration" xlink:label="us-gaap_InvestmentIndustrySectorExtensibleEnumeration_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentIndustrySectorExtensibleEnumeration_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossAdditions_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossReductions" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossReductions_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueGrossReductions_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueRealizedGainLoss" xlink:label="scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueRealizedGainLoss_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueRealizedGainLoss_639219879700741938" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueUnrealizedGainLoss" xlink:label="scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueUnrealizedGainLoss_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="scm_InvestmentsInAndAdvancesToAffiliatesAtFairValueUnrealizedGainLoss_639219879700741938" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_6392198797007419381" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InvestmentOwnedAtFairValue_6392198797007419381" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestIncomeOperating" xlink:label="us-gaap_InterestIncomeOperating_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValueRollForward_639219879700741938" xlink:to="us-gaap_InterestIncomeOperating_639219879700741938" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPolicies" xlink:type="extended" xlink:title="995210101 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangements" xlink:type="extended" xlink:title="995210201 - Disclosure - RELATED PARTY ARRANGEMENTS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureDistributions" xlink:type="extended" xlink:title="995210301 - Disclosure - DISTRIBUTIONS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsAbstract" xlink:label="us-gaap_DividendsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTextBlock" xlink:label="srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsAbstract" xlink:to="srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpenses" xlink:type="extended" xlink:title="995210401 - Disclosure - EQUITY OFFERINGS AND REPURCHASES AND RELATED EXPENSES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShare" xlink:type="extended" xlink:title="995210501 - Disclosure - NET INCREASE IN NET ASSETS PER COMMON SHARE" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValue" xlink:type="extended" xlink:title="995210601 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCommitmentsAndContingencies" xlink:type="extended" xlink:title="995210701 - Disclosure - COMMITMENTS AND CONTINGENCIES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureFinancialHighlights" xlink:type="extended" xlink:title="995210801 - Disclosure - FINANCIAL HIGHLIGHTS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsAbstract" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsTextBlock" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCreditFacility" xlink:type="extended" xlink:title="995210901 - Disclosure - CREDIT FACILITY" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebentures" xlink:type="extended" xlink:title="995211001 - Disclosure - SBA-GUARANTEED DEBENTURES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_6" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SBGuaranteedDebenturesTextBlock" xlink:label="scm_SBGuaranteedDebenturesTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_6" xlink:to="scm_SBGuaranteedDebenturesTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNotes" xlink:type="extended" xlink:title="995211101 - Disclosure - NOTES" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayableAbstract" xlink:label="us-gaap_NotesPayableAbstract" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NotesPayableDisclosureTextBlock" xlink:label="scm_NotesPayableDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NotesPayableAbstract" xlink:to="scm_NotesPayableDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSubsequentEvents" xlink:type="extended" xlink:title="995211201 - Disclosure - SUBSEQUENT EVENTS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract_2" xlink:to="us-gaap_SubsequentEventsTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureReportableSegments" xlink:type="extended" xlink:title="995211301 - Disclosure - REPORTABLE SEGMENTS" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SegmentReportingAbstract" xlink:label="us-gaap_SegmentReportingAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SegmentReportingAbstract" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesPolicies" xlink:type="extended" xlink:title="99920102 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EconomicDevelopmentsPolicyTextBlock" xlink:label="scm_EconomicDevelopmentsPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_EconomicDevelopmentsPolicyTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PortfolioInvestmentClassificationPolicyPolicyTextBlock" xlink:label="scm_PortfolioInvestmentClassificationPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_PortfolioInvestmentClassificationPolicyPolicyTextBlock_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_ConsolidationPolicyTextBlock_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_UseOfEstimates_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredChargesPolicyTextBlock" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_DeferredChargesPolicyTextBlock_639219879700741938" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OfferingCostPolicyPolicyTextBlock" xlink:label="scm_OfferingCostPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_OfferingCostPolicyPolicyTextBlock_639219879700741938" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="us-gaap_InvestmentPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_InvestmentPolicyTextBlock_639219879700741938" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_RevenueRecognitionPolicyTextBlock_639219879700741938" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GainsLossesAndChangesInInvestmentPolicyPolicyTextBlock" xlink:label="scm_GainsLossesAndChangesInInvestmentPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_GainsLossesAndChangesInInvestmentPolicyPolicyTextBlock_639219879700741938" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentTransactionCostsPolicyTextBlock" xlink:label="scm_InvestmentTransactionCostsPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_InvestmentTransactionCostsPolicyTextBlock_639219879700741938" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ReceivablesAndPayablesForUnsettledSecuritiesTransactionPolicyPolicyTextBlock" xlink:label="scm_ReceivablesAndPayablesForUnsettledSecuritiesTransactionPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_ReceivablesAndPayablesForUnsettledSecuritiesTransactionPolicyPolicyTextBlock_639219879700741938" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_639219879700741938" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_639219879700741938" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaidInCapitalPolicyPolicyTextBlock" xlink:label="scm_PaidInCapitalPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_PaidInCapitalPolicyPolicyTextBlock_639219879700741938" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DistributableEarningsDeficitComponentsPolicyPolicyTextBlock" xlink:label="scm_DistributableEarningsDeficitComponentsPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="scm_DistributableEarningsDeficitComponentsPolicyPolicyTextBlock_639219879700741938" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_1" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_639219879700741938" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesTables" xlink:type="extended" xlink:title="99930103 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_2" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfInterestIncomeFromPortfolioCompaniesTableTextBlock" xlink:label="scm_ScheduleOfInterestIncomeFromPortfolioCompaniesTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_2" xlink:to="scm_ScheduleOfInterestIncomeFromPortfolioCompaniesTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfComponentsOfDistributableEarningsTableTextBlock" xlink:label="scm_ScheduleOfComponentsOfDistributableEarningsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_2" xlink:to="scm_ScheduleOfComponentsOfDistributableEarningsTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsTables" xlink:type="extended" xlink:title="99930203 - Disclosure - RELATED PARTY ARRANGEMENTS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_1" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureDistributionsTables" xlink:type="extended" xlink:title="99930303 - Disclosure - DISTRIBUTIONS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsAbstract" xlink:label="us-gaap_DividendsAbstract_1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfAggregateDistributionsPerShareTextBlock" xlink:label="scm_ScheduleOfAggregateDistributionsPerShareTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsAbstract_1" xlink:to="scm_ScheduleOfAggregateDistributionsPerShareTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesTables" xlink:type="extended" xlink:title="99930403 - Disclosure - EQUITY OFFERINGS AND REPURCHASES AND RELATED EXPENSES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfStockholdersEquityTableTextBlock" xlink:label="us-gaap_ScheduleOfStockholdersEquityTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_1" xlink:to="us-gaap_ScheduleOfStockholdersEquityTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShareTables" xlink:type="extended" xlink:title="99930503 - Disclosure - NET INCREASE IN NET ASSETS PER COMMON SHARE (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_1" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueTables" xlink:type="extended" xlink:title="99930603 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfCarryingValuesAndEstimatedFairValuesOfInvestmentsTableTextBlock" xlink:label="scm_ScheduleOfCarryingValuesAndEstimatedFairValuesOfInvestmentsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="scm_ScheduleOfCarryingValuesAndEstimatedFairValuesOfInvestmentsTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock" xlink:label="us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueConcentrationOfRiskTextBlock" xlink:label="us-gaap_FairValueConcentrationOfRiskTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="us-gaap_FairValueConcentrationOfRiskTextBlock_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FairValueIndustryConcentrationOfRiskTableTextBlock" xlink:label="scm_FairValueIndustryConcentrationOfRiskTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="scm_FairValueIndustryConcentrationOfRiskTableTextBlock_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_1" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureFinancialHighlightsTables" xlink:type="extended" xlink:title="99930803 - Disclosure - FINANCIAL HIGHLIGHTS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsAbstract" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_2" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCreditFacilityTables" xlink:type="extended" xlink:title="99930903 - Disclosure - CREDIT FACILITY (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="us-gaap_LineOfCreditFacilityTable_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_1" xlink:to="us-gaap_LineOfCreditFacilityTable_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879700741938" xlink:to="us-gaap_CreditFacilityAxis_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_639219879700741938" xlink:to="us-gaap_CreditFacilityDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredRevolvingCreditFacilityMember" xlink:label="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879700741938" xlink:to="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="us-gaap_LineOfCreditFacilityLineItems_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879700741938" xlink:to="us-gaap_LineOfCreditFacilityLineItems_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfCreditFacilityNetOfPrepaidLoanTableTextBlock" xlink:label="scm_ScheduleOfCreditFacilityNetOfPrepaidLoanTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879700741938" xlink:to="scm_ScheduleOfCreditFacilityNetOfPrepaidLoanTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfInterestExpenseAndAmortizedLoanFeeTableTextBlock" xlink:label="scm_ScheduleOfInterestExpenseAndAmortizedLoanFeeTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879700741938" xlink:to="scm_ScheduleOfInterestExpenseAndAmortizedLoanFeeTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesTables" xlink:type="extended" xlink:title="99931003 - Disclosure - SBA-GUARANTEED DEBENTURES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTableTextBlock" xlink:label="scm_SbaGuaranteedDebenturesTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract" xlink:to="scm_SbaGuaranteedDebenturesTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesTableTextBlock" xlink:label="scm_ScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract" xlink:to="scm_ScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfInterestExpensesAndAmortizedFeesOnSbaGuaranteedDebentureTableTextBlock" xlink:label="scm_ScheduleOfInterestExpensesAndAmortizedFeesOnSbaGuaranteedDebentureTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract" xlink:to="scm_ScheduleOfInterestExpensesAndAmortizedFeesOnSbaGuaranteedDebentureTableTextBlock_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNotesTables" xlink:type="extended" xlink:title="99931103 - Disclosure - NOTES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayableAbstract" xlink:label="us-gaap_NotesPayableAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NotesPayableAbstract_1" xlink:to="us-gaap_DebtInstrumentTable_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879700741938" xlink:to="us-gaap_DebtInstrumentAxis_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879700741938" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NotesPayable2026Member" xlink:label="scm_NotesPayable2026Member_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879700741938" xlink:to="scm_NotesPayable2026Member_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Notes7.25PercentDue2030Member" xlink:label="scm_Notes7.25PercentDue2030Member_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879700741938" xlink:to="scm_Notes7.25PercentDue2030Member_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879700741938" xlink:to="us-gaap_DebtInstrumentLineItems_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfInterestExpenseAndDeferredFinancingCostsTableTextBlock" xlink:label="scm_ScheduleOfInterestExpenseAndDeferredFinancingCostsTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879700741938" xlink:to="scm_ScheduleOfInterestExpenseAndDeferredFinancingCostsTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScheduleOfNotesPayableNetTableTextBlock" xlink:label="scm_ScheduleOfNotesPayableNetTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879700741938" xlink:to="scm_ScheduleOfNotesPayableNetTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSubsequentEventsTables" xlink:type="extended" xlink:title="99931203 - Disclosure - SUBSEQUENT EVENTS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract_3" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTableTextBlock" xlink:label="us-gaap_InvestmentTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract_3" xlink:to="us-gaap_InvestmentTableTextBlock_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsDeclaredTableTextBlock" xlink:label="us-gaap_DividendsDeclaredTableTextBlock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract_3" xlink:to="us-gaap_DividendsDeclaredTableTextBlock_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesAdditionalInformationDetails" xlink:type="extended" xlink:title="99940101 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NatureOfOperationAndSignificantAccountingPoliciesTable" xlink:label="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_3" xlink:to="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" xlink:to="srt_ConsolidatedEntitiesAxis_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879700741938" xlink:to="srt_ConsolidatedEntitiesDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiariesMember" xlink:label="scm_SbicSubsidiariesMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879700741938" xlink:to="scm_SbicSubsidiariesMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryMember" xlink:label="scm_SbicSubsidiaryMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbicSubsidiariesMember_639219879700741938" xlink:to="scm_SbicSubsidiaryMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicIiSubsidiaryMember" xlink:label="scm_SbicIiSubsidiaryMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbicSubsidiariesMember_639219879700741938" xlink:to="scm_SbicIiSubsidiaryMember_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicIiiSubsidiaryMember" xlink:label="scm_SbicIiiSubsidiaryMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbicSubsidiariesMember_639219879700741938" xlink:to="scm_SbicIiiSubsidiaryMember_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879700741938" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879700741938" xlink:to="us-gaap_FairValueInputsLevel3Member_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879700741938" xlink:to="us-gaap_FairValueInputsLevel2Member_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" xlink:to="srt_RangeAxis_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RangeMember" xlink:label="srt_RangeMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_639219879700741938" xlink:to="srt_RangeMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_639219879700741938" xlink:to="srt_MinimumMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" xlink:to="us-gaap_DebtInstrumentAxis_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879700741938" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMember" xlink:label="scm_SbaGuaranteedDebenturesMember_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879700741938" xlink:to="scm_SbaGuaranteedDebenturesMember_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems" xlink:label="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesTable_639219879700741938" xlink:to="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromIssuanceOfCommonStockGross" xlink:label="scm_ProceedsFromIssuanceOfCommonStockGross_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_ProceedsFromIssuanceOfCommonStockGross_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentOfOfferingExpensesAndUnderwritingFees" xlink:label="scm_PaymentOfOfferingExpensesAndUnderwritingFees_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_PaymentOfOfferingExpensesAndUnderwritingFees_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromOfferingExpensesReimbursements" xlink:label="scm_ProceedsFromOfferingExpensesReimbursements_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_ProceedsFromOfferingExpensesReimbursements_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StockRepurchasedWeightedAveragePricePerShare" xlink:label="scm_StockRepurchasedWeightedAveragePricePerShare_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_StockRepurchasedWeightedAveragePricePerShare_639219879700741938" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTerm" xlink:label="us-gaap_DebtInstrumentTerm_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_DebtInstrumentTerm_639219879700741938" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879700741938" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditFacilityAdditionalBorrowingCapacity" xlink:label="scm_LineOfCreditFacilityAdditionalBorrowingCapacity_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_LineOfCreditFacilityAdditionalBorrowingCapacity_639219879700741938" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyRegulatoryCapital" xlink:label="scm_InvestmentCompanyRegulatoryCapital_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_InvestmentCompanyRegulatoryCapital_639219879700741938" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_LineOfCredit_639219879700741938" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyAssetCoverageRatio" xlink:label="scm_InvestmentCompanyAssetCoverageRatio_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_InvestmentCompanyAssetCoverageRatio_639219879700741938" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashFDICInsuredAmount" xlink:label="us-gaap_CashFDICInsuredAmount_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_CashFDICInsuredAmount_639219879700741938" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashHeldInForeignCurrency" xlink:label="us-gaap_CashHeldInForeignCurrency_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_CashHeldInForeignCurrency_639219879700741938" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashHeldInForeignCurrencyAcquisitionCost" xlink:label="us-gaap_CashHeldInForeignCurrencyAcquisitionCost_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_CashHeldInForeignCurrencyAcquisitionCost_639219879700741938" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashUninsuredAmount" xlink:label="us-gaap_CashUninsuredAmount_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_CashUninsuredAmount_639219879700741938" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashEquivalentsAtCarryingValue_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_CashEquivalentsAtCarryingValue_639219879700741938" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="us-gaap_LiabilitiesFairValueDisclosure_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="us-gaap_LiabilitiesFairValueDisclosure_639219879700741938" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DeferredOfferingCosts1" xlink:label="scm_DeferredOfferingCosts1_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_NatureOfOperationAndSignificantAccountingPoliciesLineItems_639219879700741938" xlink:to="scm_DeferredOfferingCosts1_639219879700741938" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesRevenueRecognitionDetails" xlink:type="extended" xlink:title="99940102 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InterestIncomeOperatingLoanInterest" xlink:label="scm_InterestIncomeOperatingLoanInterest_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_InterestIncomeOperatingLoanInterest_639219879700741938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestIncomeOperatingPaidInKind" xlink:label="us-gaap_InterestIncomeOperatingPaidInKind_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="us-gaap_InterestIncomeOperatingPaidInKind_639219879700741938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationFeesOperatingIncome" xlink:label="scm_AmortizationFeesOperatingIncome_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_AmortizationFeesOperatingIncome_639219879700741938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AmortizationOfDeferredLoanOriginationFeesNet" xlink:label="us-gaap_AmortizationOfDeferredLoanOriginationFeesNet_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="us-gaap_AmortizationOfDeferredLoanOriginationFeesNet_639219879700741938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="us-gaap_InterestAndDividendIncomeOperating_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="us-gaap_InterestAndDividendIncomeOperating_639219879700741938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NumberOfLoansNonAccrualStatus" xlink:label="scm_NumberOfLoansNonAccrualStatus_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_NumberOfLoansNonAccrualStatus_639219879700741938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LoansNonAccrualStatusCostPercentage" xlink:label="scm_LoansNonAccrualStatusCostPercentage_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_LoansNonAccrualStatusCostPercentage_639219879700741938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LoansNonAccrualStatusFairValuePercentage" xlink:label="scm_LoansNonAccrualStatusFairValuePercentage_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_LoansNonAccrualStatusFairValuePercentage_639219879700741938" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncomeFromInvestmentsOnNonAccrual" xlink:label="scm_IncomeFromInvestmentsOnNonAccrual_639219879700741938" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_4" xlink:to="scm_IncomeFromInvestmentsOnNonAccrual_639219879700741938" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesUsFederalIncomeTaxesDetails" xlink:type="extended" xlink:title="99940103 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - U.S. Federal Income Taxes (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_5" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_639219879700897431" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_5" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_639219879700897431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_639219879700897431" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_5" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_639219879700897431" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_639219879700897431" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_5" xlink:to="us-gaap_DeferredIncomeTaxLiabilities_639219879700897431" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNatureOfOperationsAndSignificantAccountingPoliciesDistributableLossEarningsDetails" xlink:type="extended" xlink:title="99940104 - Disclosure - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Distributable (Loss) Earnings (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AccumulatedRealizedGainLossOnInvestmentsNetOfCumulativeDividends" xlink:label="scm_AccumulatedRealizedGainLossOnInvestmentsNetOfCumulativeDividends_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="scm_AccumulatedRealizedGainLossOnInvestmentsNetOfCumulativeDividends_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AccumulatedRealizedGainLossOnForeignCurrencyTranslations" xlink:label="scm_AccumulatedRealizedGainLossOnForeignCurrencyTranslations_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="scm_AccumulatedRealizedGainLossOnForeignCurrencyTranslations_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentOwnedUnrecognizedUnrealizedDepreciationOnInvestmentsAndCashEquivalents" xlink:label="scm_InvestmentOwnedUnrecognizedUnrealizedDepreciationOnInvestmentsAndCashEquivalents_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="scm_InvestmentOwnedUnrecognizedUnrealizedDepreciationOnInvestmentsAndCashEquivalents_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationForeignCurrencyTransactions" xlink:label="scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationForeignCurrencyTransactions_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationForeignCurrencyTransactions_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CumulativeEarningsDeficit" xlink:label="us-gaap_CumulativeEarningsDeficit_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="us-gaap_CumulativeEarningsDeficit_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CumulativeDividends" xlink:label="us-gaap_CumulativeDividends_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="us-gaap_CumulativeDividends_639219879700901655" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationTaxes" xlink:label="scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationTaxes_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_6" xlink:to="scm_InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciationTaxes_639219879700901655" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsInvestmentAdvisoryAgreementDetails" xlink:type="extended" xlink:title="99940201 - Disclosure - RELATED PARTY ARRANGEMENTS - Investment Advisory Agreement (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_2" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="us-gaap_RelatedPartyMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="us-gaap_RelatedPartyTransactionAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionAxis_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="us-gaap_RelatedPartyTransactionDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentAdvisoryAgreementMember" xlink:label="scm_InvestmentAdvisoryAgreementMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionDomain_639219879700901655" xlink:to="scm_InvestmentAdvisoryAgreementMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="srt_CounterpartyNameAxis_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_CounterpartyNameAxis_639219879700901655" xlink:to="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StellusCapitalMember" xlink:label="scm_StellusCapitalMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" xlink:to="scm_StellusCapitalMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AnnualBaseManagementFeePercentage" xlink:label="scm_AnnualBaseManagementFeePercentage_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_AnnualBaseManagementFeePercentage_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BaseManagementFee" xlink:label="scm_BaseManagementFee_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_BaseManagementFee_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="us-gaap_OtherLiabilities_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsInvestmentIncomeIncentiveFeeDetails" xlink:type="extended" xlink:title="99940202 - Disclosure - RELATED PARTY ARRANGEMENTS - Investment Income Incentive Fee (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_3" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_3" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="us-gaap_RelatedPartyMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StellusCapitalMember" xlink:label="scm_StellusCapitalMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="scm_StellusCapitalMember_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="us-gaap_RelatedPartyTransactionAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionAxis_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="us-gaap_RelatedPartyTransactionDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentAdvisoryAgreementMember" xlink:label="scm_InvestmentAdvisoryAgreementMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionDomain_639219879700901655" xlink:to="scm_InvestmentAdvisoryAgreementMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="srt_CounterpartyNameAxis_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_CounterpartyNameAxis_639219879700901655" xlink:to="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StellusCapitalMember" xlink:label="scm_StellusCapitalMember_6392198797009016551" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" xlink:to="scm_StellusCapitalMember_6392198797009016551" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_StatementScenarioAxis" xlink:label="srt_StatementScenarioAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="srt_StatementScenarioAxis_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="srt_ScenarioUnspecifiedDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_StatementScenarioAxis_639219879700901655" xlink:to="srt_ScenarioUnspecifiedDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScenarioHurdleRateLessThan2.5Member" xlink:label="scm_ScenarioHurdleRateLessThan2.5Member_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ScenarioUnspecifiedDomain_639219879700901655" xlink:to="scm_ScenarioHurdleRateLessThan2.5Member_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScenarioHurdleRateGreaterThanThan2.5Member" xlink:label="scm_ScenarioHurdleRateGreaterThanThan2.5Member_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ScenarioUnspecifiedDomain_639219879700901655" xlink:to="scm_ScenarioHurdleRateGreaterThanThan2.5Member_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_LongtermDebtTypeAxis_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="us-gaap_LongtermDebtTypeDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LongtermDebtTypeAxis_639219879700901655" xlink:to="us-gaap_LongtermDebtTypeDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaymentInKindPIKNoteMember" xlink:label="us-gaap_PaymentInKindPIKNoteMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LongtermDebtTypeDomain_639219879700901655" xlink:to="us-gaap_PaymentInKindPIKNoteMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdQuarterHurdleRate" xlink:label="scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdQuarterHurdleRate_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdQuarterHurdleRate_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdAnnualHurdleRate" xlink:label="scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdAnnualHurdleRate_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_PreIncentiveFeeNetInvestmentIncomeToNetAssetsThresholdAnnualHurdleRate_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncentiveFeePaidToInvestmentAdvisor" xlink:label="scm_IncentiveFeePaidToInvestmentAdvisor_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_IncentiveFeePaidToInvestmentAdvisor_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PreIncentiveFeeNetRateOfReturn" xlink:label="scm_PreIncentiveFeeNetRateOfReturn_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_PreIncentiveFeeNetRateOfReturn_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncentiveFeeExpense" xlink:label="us-gaap_IncentiveFeeExpense_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="us-gaap_IncentiveFeeExpense_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeIncentiveFeesIncurredToBePaid" xlink:label="scm_InvestmentIncomeIncentiveFeesIncurredToBePaid_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_InvestmentIncomeIncentiveFeesIncurredToBePaid_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeIncentiveFeePayableCurrent" xlink:label="scm_InvestmentIncomeIncentiveFeePayableCurrent_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_InvestmentIncomeIncentiveFeePayableCurrent_639219879700901655" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncentiveFeeAccruedWrittenOff" xlink:label="scm_IncentiveFeeAccruedWrittenOff_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_IncentiveFeeAccruedWrittenOff_639219879700901655" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsCapitalGainsIncentiveFeeDetails" xlink:type="extended" xlink:title="99940203 - Disclosure - RELATED PARTY ARRANGEMENTS - Capital Gains Incentive Fee (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_4" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_4" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="us-gaap_RelatedPartyMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="us-gaap_RelatedPartyTransactionAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionAxis_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="us-gaap_RelatedPartyTransactionDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentAdvisoryAgreementMember" xlink:label="scm_InvestmentAdvisoryAgreementMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionDomain_639219879700901655" xlink:to="scm_InvestmentAdvisoryAgreementMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="srt_CounterpartyNameAxis_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_CounterpartyNameAxis_639219879700901655" xlink:to="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StellusCapitalMember" xlink:label="scm_StellusCapitalMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" xlink:to="scm_StellusCapitalMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalGainsIncentiveFeePercentage" xlink:label="scm_CapitalGainsIncentiveFeePercentage_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_CapitalGainsIncentiveFeePercentage_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalGainsIncentiveFeesReversed" xlink:label="scm_CapitalGainsIncentiveFeesReversed_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_CapitalGainsIncentiveFeesReversed_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalGainsIncentiveFeeAccrued" xlink:label="scm_CapitalGainsIncentiveFeeAccrued_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_CapitalGainsIncentiveFeeAccrued_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsComponentsOfIncentiveFeesDetails" xlink:type="extended" xlink:title="99940204 - Disclosure - RELATED PARTY ARRANGEMENTS - Components of the incentive fees (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_5" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncentiveFeeExpense" xlink:label="us-gaap_IncentiveFeeExpense_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="us-gaap_IncentiveFeeExpense_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalGainsIncentiveFeesReversed" xlink:label="scm_CapitalGainsIncentiveFeesReversed_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="scm_CapitalGainsIncentiveFeesReversed_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyVoluntaryFeeWaived" xlink:label="us-gaap_InvestmentCompanyVoluntaryFeeWaived_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="us-gaap_InvestmentCompanyVoluntaryFeeWaived_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeAndCapitalGainIncentiveFeesReversalExpense" xlink:label="scm_InvestmentIncomeAndCapitalGainIncentiveFeesReversalExpense_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="scm_InvestmentIncomeAndCapitalGainIncentiveFeesReversalExpense_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeIncentiveFeePayableCurrent" xlink:label="scm_InvestmentIncomeIncentiveFeePayableCurrent_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="scm_InvestmentIncomeIncentiveFeePayableCurrent_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeIncentiveFeeDeferred" xlink:label="scm_InvestmentIncomeIncentiveFeeDeferred_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="scm_InvestmentIncomeIncentiveFeeDeferred_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentIncomeAndCapitalGainsIncentiveFeePayable" xlink:label="scm_InvestmentIncomeAndCapitalGainsIncentiveFeePayable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_5" xlink:to="scm_InvestmentIncomeAndCapitalGainsIncentiveFeePayable_639219879700901655" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsDirectorFeesAndAdministrativeAgentDetails" xlink:type="extended" xlink:title="99940205 - Disclosure - RELATED PARTY ARRANGEMENTS - Director Fees and Administrative Agent (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_6" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_6" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="us-gaap_RelatedPartyMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NoninterestExpenseDirectorsFees" xlink:label="us-gaap_NoninterestExpenseDirectorsFees_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="us-gaap_NoninterestExpenseDirectorsFees_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DirectorFeesPayable" xlink:label="scm_DirectorFeesPayable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_DirectorFeesPayable_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="us-gaap_OtherLiabilities_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureRelatedPartyArrangementsAdministrationAgreementDetails" xlink:type="extended" xlink:title="99940206 - Disclosure - RELATED PARTY ARRANGEMENTS - Administration Agreement (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_7" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract_7" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_639219879700901655" xlink:to="us-gaap_RelatedPartyDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_639219879700901655" xlink:to="us-gaap_RelatedPartyMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="srt_CounterpartyNameAxis_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_CounterpartyNameAxis_639219879700901655" xlink:to="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StellusCapitalMember" xlink:label="scm_StellusCapitalMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_639219879700901655" xlink:to="scm_StellusCapitalMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_TypeOfArrangementAxis" xlink:label="us-gaap_TypeOfArrangementAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_TypeOfArrangementAxis_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ArrangementsAndNonarrangementTransactionsMember" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_TypeOfArrangementAxis_639219879700901655" xlink:to="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdministrationAgreementMember" xlink:label="scm_AdministrationAgreementMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" xlink:to="scm_AdministrationAgreementMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_639219879700901655" xlink:to="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="us-gaap_GeneralAndAdministrativeExpense_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdministrativeServicesExpensesPayable" xlink:label="scm_AdministrativeServicesExpensesPayable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_639219879700901655" xlink:to="scm_AdministrativeServicesExpensesPayable_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureDistributionsDetails" xlink:type="extended" xlink:title="99940301 - Disclosure - DISTRIBUTIONS (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsAbstract" xlink:label="us-gaap_DividendsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableTable" xlink:label="us-gaap_DividendsPayableTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsAbstract" xlink:to="us-gaap_DividendsPayableTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsAxis" xlink:label="us-gaap_DividendsAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableTable_639219879700901655" xlink:to="us-gaap_DividendsAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsDomain" xlink:label="us-gaap_DividendsDomain_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsAxis_639219879700901655" xlink:to="us-gaap_DividendsDomain_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q11DividendsMember" xlink:label="scm_O2026Q11DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q11DividendsMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q12DividendsMember" xlink:label="scm_O2026Q12DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q12DividendsMember_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q13DividendsMember" xlink:label="scm_O2026Q13DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q13DividendsMember_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q21DividendsMember" xlink:label="scm_O2026Q21DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q21DividendsMember_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q22DividendsMember" xlink:label="scm_O2026Q22DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q22DividendsMember_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q23DividendsMember" xlink:label="scm_O2026Q23DividendsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879700901655" xlink:to="scm_O2026Q23DividendsMember_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableLineItems" xlink:label="us-gaap_DividendsPayableLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableTable_639219879700901655" xlink:to="us-gaap_DividendsPayableLineItems_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableDateDeclaredDayMonthAndYear" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableLineItems_639219879700901655" xlink:to="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableDateOfRecordDayMonthAndYear" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableLineItems_639219879700901655" xlink:to="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendPayableDateToBePaidDayMonthAndYear" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableLineItems_639219879700901655" xlink:to="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsPayableLineItems_639219879700901655" xlink:to="us-gaap_CommonStockDividendsPerShareDeclared_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesStockIssuedDetails" xlink:type="extended" xlink:title="99940401 - Disclosure - EQUITY OFFERINGS AND REPURCHASES AND RELATED EXPENSES - Stock Issued (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StockIssuedRepurchasedDuringPeriodShares" xlink:label="scm_StockIssuedRepurchasedDuringPeriodShares_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_StockIssuedRepurchasedDuringPeriodShares_639219879700901655" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromIssuanceOfCommonStockGross" xlink:label="scm_ProceedsFromIssuanceOfCommonStockGross_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_ProceedsFromIssuanceOfCommonStockGross_639219879700901655" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsForRepurchaseOfCommonStockGross" xlink:label="scm_PaymentsForRepurchaseOfCommonStockGross_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_PaymentsForRepurchaseOfCommonStockGross_639219879700901655" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockGross" xlink:label="scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockGross_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockGross_639219879700901655" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfUnderwritingFees" xlink:label="scm_PaymentsOfUnderwritingFees_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_PaymentsOfUnderwritingFees_639219879700901655" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfStockOfferingCosts" xlink:label="scm_PaymentsOfStockOfferingCosts_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_PaymentsOfStockOfferingCosts_639219879700901655" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromFeesCoveredByAdvisor" xlink:label="scm_ProceedsFromFeesCoveredByAdvisor_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_ProceedsFromFeesCoveredByAdvisor_639219879700901655" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromIssuanceOfCommonStockNet" xlink:label="scm_ProceedsFromIssuanceOfCommonStockNet_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_ProceedsFromIssuanceOfCommonStockNet_639219879700901655" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsForRepurchaseOfCommonStockNet" xlink:label="scm_PaymentsForRepurchaseOfCommonStockNet_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_PaymentsForRepurchaseOfCommonStockNet_639219879700901655" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockNet" xlink:label="scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockNet_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_ProceedsFromPaymentsForIssuanceRepurchaseOfCommonStockNet_639219879700901655" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="us-gaap_SharesIssuedPricePerShare_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="us-gaap_SharesIssuedPricePerShare_639219879700901655" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StockRepurchasedWeightedAveragePricePerShare" xlink:label="scm_StockRepurchasedWeightedAveragePricePerShare_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_StockRepurchasedWeightedAveragePricePerShare_639219879700901655" order="14" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncreaseDecreaseInGrossProceedsFromIssuanceOfCommonStockDueToShareRedemptions" xlink:label="scm_IncreaseDecreaseInGrossProceedsFromIssuanceOfCommonStockDueToShareRedemptions_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_IncreaseDecreaseInGrossProceedsFromIssuanceOfCommonStockDueToShareRedemptions_639219879700901655" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan" xlink:label="us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_639219879700901655" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdjustmentsToAdditionalPaidInCapitalTaxReclassification" xlink:label="scm_AdjustmentsToAdditionalPaidInCapitalTaxReclassification_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_2" xlink:to="scm_AdjustmentsToAdditionalPaidInCapitalTaxReclassification_639219879700901655" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureEquityOfferingsAndRepurchasesAndRelatedExpensesDetails" xlink:type="extended" xlink:title="99940402 - Disclosure - EQUITY OFFERINGS AND REPURCHASES AND RELATED EXPENSES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract_3" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable" xlink:label="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract_3" xlink:to="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_TypeOfArrangementAxis" xlink:label="us-gaap_TypeOfArrangementAxis_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_639219879700901655" xlink:to="us-gaap_TypeOfArrangementAxis_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ArrangementsAndNonarrangementTransactionsMember" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_TypeOfArrangementAxis_639219879700901655" xlink:to="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EquityDistributionAgreementMember" xlink:label="scm_EquityDistributionAgreementMember_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ArrangementsAndNonarrangementTransactionsMember_639219879700901655" xlink:to="scm_EquityDistributionAgreementMember_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsidiarySaleOfStockLineItems" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_639219879700901655" xlink:to="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_639219879700901655" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_639219879700901655" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_639219879700901655" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_StockRepurchaseProgramAuthorizedAmount1" xlink:label="srt_StockRepurchaseProgramAuthorizedAmount1_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="srt_StockRepurchaseProgramAuthorizedAmount1_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_639219879701002588" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="us-gaap_StockRepurchasedAndRetiredDuringPeriodValue_639219879701002588" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StockRepurchasedWeightedAveragePricePerShare" xlink:label="scm_StockRepurchasedWeightedAveragePricePerShare_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockLineItems_639219879700901655" xlink:to="scm_StockRepurchasedWeightedAveragePricePerShare_639219879701002588" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNetIncreaseInNetAssetsPerCommonShareDetails" xlink:type="extended" xlink:title="99940501 - Disclosure - NET INCREASE IN NET ASSETS PER COMMON SHARE (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_2" xlink:to="us-gaap_NetIncomeLoss_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_2" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_2" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_2" xlink:to="us-gaap_EarningsPerShareBasic_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_2" xlink:to="us-gaap_EarningsPerShareDiluted_639219879701002588" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueTotalFairValueAndCostOfInvestmentsDetails" xlink:type="extended" xlink:title="99940601 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Total Fair Value and Cost of Investments (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_9" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1Table" xlink:label="scm_InvestmentHoldings1Table_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_9" xlink:to="scm_InvestmentHoldings1Table_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701002588" xlink:to="us-gaap_InvestmentTypeAxis_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701002588" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FirstLienSecurityMember" xlink:label="scm_FirstLienSecurityMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="scm_FirstLienSecurityMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SecondLienSecurityMember" xlink:label="scm_SecondLienSecurityMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="scm_SecondLienSecurityMember_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnsecuredDebtMember" xlink:label="us-gaap_UnsecuredDebtMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_UnsecuredDebtMember_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_EquitySecuritiesMember_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1LineItems" xlink:label="scm_InvestmentHoldings1LineItems_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701002588" xlink:to="scm_InvestmentHoldings1LineItems_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentsInNumberOfPortfolioCompanies" xlink:label="scm_InvestmentsInNumberOfPortfolioCompanies_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="scm_InvestmentsInNumberOfPortfolioCompanies_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueAggregateGrossUnrealizedAppreciationAndDepreciationAndAggregateCostAndFairValueOfPortfolioCompanySecuritiesDetails" xlink:type="extended" xlink:title="99940602 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Aggregate Gross Unrealized Appreciation and Depreciation and Aggregate Cost and Fair Value of Portfolio Company Securities (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_10" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1Table" xlink:label="scm_InvestmentHoldings1Table_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_10" xlink:to="scm_InvestmentHoldings1Table_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701002588" xlink:to="us-gaap_InvestmentTypeAxis_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701002588" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnfundedLoanCommitmentMember" xlink:label="us-gaap_UnfundedLoanCommitmentMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_UnfundedLoanCommitmentMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1LineItems" xlink:label="scm_InvestmentHoldings1LineItems_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701002588" xlink:to="scm_InvestmentHoldings1LineItems_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NumberOfInvestments" xlink:label="scm_NumberOfInvestments_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="scm_NumberOfInvestments_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701002588" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValuePortfolioForTaxPurposeDetails" xlink:type="extended" xlink:title="99940603 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Portfolio for Tax Purpose (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_TaxBasisOfInvestmentsCostForIncomeTaxPurposes" xlink:label="us-gaap_TaxBasisOfInvestmentsCostForIncomeTaxPurposes_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="us-gaap_TaxBasisOfInvestmentsCostForIncomeTaxPurposes_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_TaxBasisOfInvestmentsGrossUnrealizedAppreciation" xlink:label="us-gaap_TaxBasisOfInvestmentsGrossUnrealizedAppreciation_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="us-gaap_TaxBasisOfInvestmentsGrossUnrealizedAppreciation_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_TaxBasisOfInvestmentsGrossUnrealizedDepreciation" xlink:label="us-gaap_TaxBasisOfInvestmentsGrossUnrealizedDepreciation_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="us-gaap_TaxBasisOfInvestmentsGrossUnrealizedDepreciation_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TaxBasisOfInvestmentsGrossUnrealizedAppreciationOnForeignCurrencyTranslation" xlink:label="scm_TaxBasisOfInvestmentsGrossUnrealizedAppreciationOnForeignCurrencyTranslation_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="scm_TaxBasisOfInvestmentsGrossUnrealizedAppreciationOnForeignCurrencyTranslation_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TaxBasisOfInvestmentsGrossUnrealizedDepreciationOnForeignCurrencyTranslation" xlink:label="scm_TaxBasisOfInvestmentsGrossUnrealizedDepreciationOnForeignCurrencyTranslation_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="scm_TaxBasisOfInvestmentsGrossUnrealizedDepreciationOnForeignCurrencyTranslation_639219879701002588" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TaxBasisOfInvestmentsFairValue" xlink:label="scm_TaxBasisOfInvestmentsFairValue_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_2" xlink:to="scm_TaxBasisOfInvestmentsFairValue_639219879701002588" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueFairValuesOfInvestmentsDisaggregatedIntoThreeLevelsOfFairValueHierarchyDetails" xlink:type="extended" xlink:title="99940604 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Fair Values of Investments Disaggregated into Three Levels of Fair Value Hierarchy (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_4" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_4" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_639219879701002588" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701002588" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701002588" xlink:to="us-gaap_FairValueInputsLevel3Member_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_639219879701002588" xlink:to="us-gaap_InvestmentTypeAxis_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701002588" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorLoansMember" xlink:label="us-gaap_SeniorLoansMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_SeniorLoansMember_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorSubordinatedLoansMember" xlink:label="us-gaap_SeniorSubordinatedLoansMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_SeniorSubordinatedLoansMember_639219879701002588" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnsecuredDebtMember" xlink:label="us-gaap_UnsecuredDebtMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_UnsecuredDebtMember_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701002588" xlink:to="us-gaap_EquitySecuritiesMember_639219879701002588" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_639219879701002588" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_639219879701002588" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879701002588" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_639219879701002588" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879701002588" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueAggregateValuesOfLevel3PortfolioInvestmentsChangeDetails" xlink:type="extended" xlink:title="99940605 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Aggregate Values of Level 3 Portfolio Investments Change (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_5" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_5" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_639219879701058045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_639219879701058045" xlink:to="us-gaap_InvestmentTypeAxis_639219879701058045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701058045" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorLoansMember" xlink:label="us-gaap_SeniorLoansMember_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" xlink:to="us-gaap_SeniorLoansMember_639219879701058045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorSubordinatedLoansMember" xlink:label="us-gaap_SeniorSubordinatedLoansMember_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" xlink:to="us-gaap_SeniorSubordinatedLoansMember_639219879701058045" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnsecuredDebtMember" xlink:label="us-gaap_UnsecuredDebtMember_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" xlink:to="us-gaap_UnsecuredDebtMember_639219879701058045" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701058045" xlink:to="us-gaap_EquitySecuritiesMember_639219879701058045" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_639219879701058045" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_639219879701058045" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_639219879701058045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PaidInKindInterest" xlink:label="us-gaap_PaidInKindInterest_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_PaidInKindInterest_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfIncomeExtensibleList" xlink:label="us-gaap_FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfIncomeExtensibleList_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_639219879701068605" xlink:to="us-gaap_FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfIncomeExtensibleList_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInEarnings" xlink:label="scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInEarnings_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInEarnings_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInForeignCurrency" xlink:label="scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInForeignCurrency_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="scm_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedDepreciationAppreciationIncludedInForeignCurrency_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium" xlink:label="us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_InvestmentIncomeNetAmortizationOfDiscountAndPremium_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_639219879701068605" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_639219879701058045" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueGeographicalConcentrationOfInvestmentPortfolioDetails" xlink:type="extended" xlink:title="99940606 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Geographical Concentration of Investment Portfolio (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_11" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1Table" xlink:label="scm_InvestmentHoldings1Table_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_11" xlink:to="scm_InvestmentHoldings1Table_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_StatementGeographicalAxis" xlink:label="srt_StatementGeographicalAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701068605" xlink:to="srt_StatementGeographicalAxis_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_SegmentGeographicalDomain" xlink:label="srt_SegmentGeographicalDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_StatementGeographicalAxis_639219879701068605" xlink:to="srt_SegmentGeographicalDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_CA" xlink:label="stpr_CA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_CA_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_TX" xlink:label="stpr_TX_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_TX_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_FL" xlink:label="stpr_FL_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_FL_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_NY" xlink:label="stpr_NY_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_NY_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_IL" xlink:label="stpr_IL_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_IL_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_PA" xlink:label="stpr_PA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_PA_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_AZ" xlink:label="stpr_AZ_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_AZ_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2026/country-2026.xsd#country_CA" xlink:label="country_CA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="country_CA_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_NC" xlink:label="stpr_NC_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_NC_639219879701068605" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_CO" xlink:label="stpr_CO_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_CO_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_OH" xlink:label="stpr_OH_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_OH_639219879701068605" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_TN" xlink:label="stpr_TN_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_TN_639219879701068605" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_IA" xlink:label="stpr_IA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_IA_639219879701068605" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_DC" xlink:label="stpr_DC_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_DC_639219879701068605" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_VA" xlink:label="stpr_VA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_VA_639219879701068605" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_NJ" xlink:label="stpr_NJ_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_NJ_639219879701068605" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_GA" xlink:label="stpr_GA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_GA_639219879701068605" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_MI" xlink:label="stpr_MI_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_MI_639219879701068605" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_WI" xlink:label="stpr_WI_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_WI_639219879701068605" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_MO" xlink:label="stpr_MO_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_MO_639219879701068605" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_MN" xlink:label="stpr_MN_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_MN_639219879701068605" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_MA" xlink:label="stpr_MA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_MA_639219879701068605" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_LA" xlink:label="stpr_LA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_LA_639219879701068605" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_OR" xlink:label="stpr_OR_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_OR_639219879701068605" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_ID" xlink:label="stpr_ID_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_ID_639219879701068605" order="25" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_MD" xlink:label="stpr_MD_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_MD_639219879701068605" order="26" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_WA" xlink:label="stpr_WA_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_WA_639219879701068605" order="27" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/stpr/2026/stpr-2026.xsd#stpr_SC" xlink:label="stpr_SC_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="stpr_SC_639219879701068605" order="28" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2026/country-2026.xsd#country_GB" xlink:label="country_GB_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_SegmentGeographicalDomain_639219879701068605" xlink:to="country_GB_639219879701068605" order="29" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1LineItems" xlink:label="scm_InvestmentHoldings1LineItems_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701068605" xlink:to="scm_InvestmentHoldings1LineItems_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueIndustryConcentrationOfInvestmentPortfolioDetails" xlink:type="extended" xlink:title="99940607 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Industry Concentration of Investment Portfolio (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_12" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1Table" xlink:label="scm_InvestmentHoldings1Table_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_12" xlink:to="scm_InvestmentHoldings1Table_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesByIndustryAxis" xlink:label="us-gaap_EquitySecuritiesByIndustryAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701068605" xlink:to="us-gaap_EquitySecuritiesByIndustryAxis_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesIndustryMember" xlink:label="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesByIndustryAxis_639219879701068605" xlink:to="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BusinessServicesSectorMember" xlink:label="scm_BusinessServicesSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_BusinessServicesSectorMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_HealthcareSectorMember" xlink:label="us-gaap_HealthcareSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="us-gaap_HealthcareSectorMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HighTechIndustriesSectorMember" xlink:label="scm_HighTechIndustriesSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_HighTechIndustriesSectorMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_CapitalEquipmentSectorMember" xlink:label="scm_CapitalEquipmentSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_CapitalEquipmentSectorMember_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AdvertisingPrintingAndPublishingMediaSectorMember" xlink:label="scm_AdvertisingPrintingAndPublishingMediaSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_AdvertisingPrintingAndPublishingMediaSectorMember_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BeverageAndFoodMember" xlink:label="scm_BeverageAndFoodMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_BeverageAndFoodMember_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NonDurableConsumerGoodsSectorMember" xlink:label="scm_NonDurableConsumerGoodsSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_NonDurableConsumerGoodsSectorMember_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ConsumerServicesSectorMember" xlink:label="scm_ConsumerServicesSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_ConsumerServicesSectorMember_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ConstructionSectorMember" xlink:label="us-gaap_ConstructionSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="us-gaap_ConstructionSectorMember_639219879701068605" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DurableConsumerGoodsSectorMember" xlink:label="scm_DurableConsumerGoodsSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_DurableConsumerGoodsSectorMember_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AerospaceAndDefenseSectorMember" xlink:label="scm_AerospaceAndDefenseSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_AerospaceAndDefenseSectorMember_639219879701068605" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EnvironmentalIndustriesSectorMember" xlink:label="scm_EnvironmentalIndustriesSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_EnvironmentalIndustriesSectorMember_639219879701068605" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ChemicalsPlasticsAndRubberSectorMember" xlink:label="scm_ChemicalsPlasticsAndRubberSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_ChemicalsPlasticsAndRubberSectorMember_639219879701068605" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TransportationAndLogisticsSectorMember" xlink:label="scm_TransportationAndLogisticsSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_TransportationAndLogisticsSectorMember_639219879701068605" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RetailSectorMember" xlink:label="us-gaap_RetailSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="us-gaap_RetailSectorMember_639219879701068605" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OilAndGasEnergySectorMember" xlink:label="scm_OilAndGasEnergySectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_OilAndGasEnergySectorMember_639219879701068605" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ContainersPackagingAndGlassSectorMember" xlink:label="scm_ContainersPackagingAndGlassSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_ContainersPackagingAndGlassSectorMember_639219879701068605" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WholesaleSectorMember" xlink:label="scm_WholesaleSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_WholesaleSectorMember_639219879701068605" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_FinanceInsuranceAndRealEstateSectorMember" xlink:label="scm_FinanceInsuranceAndRealEstateSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_FinanceInsuranceAndRealEstateSectorMember_639219879701068605" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DiversifiedAndProductionMediaSectorMember" xlink:label="scm_DiversifiedAndProductionMediaSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_DiversifiedAndProductionMediaSectorMember_639219879701068605" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FinancialServicesSectorMember" xlink:label="us-gaap_FinancialServicesSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="us-gaap_FinancialServicesSectorMember_639219879701068605" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EducationSectorMember" xlink:label="scm_EducationSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_EducationSectorMember_639219879701068605" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BroadcastingAndSubscriptionMediaSectorMember" xlink:label="scm_BroadcastingAndSubscriptionMediaSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_BroadcastingAndSubscriptionMediaSectorMember_639219879701068605" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_HotelGamingAndLeisureSectorMember" xlink:label="scm_HotelGamingAndLeisureSectorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquitySecuritiesIndustryMember_639219879701068605" xlink:to="scm_HotelGamingAndLeisureSectorMember_639219879701068605" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentHoldings1LineItems" xlink:label="scm_InvestmentHoldings1LineItems_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1Table_639219879701068605" xlink:to="scm_InvestmentHoldings1LineItems_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedAtCost_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_InvestmentHoldings1LineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosurePortfolioInvestmentsAndFairValueQuantitativeInformationAboutLevel3FairValueMeasurementsDetails" xlink:type="extended" xlink:title="99940608 - Disclosure - PORTFOLIO INVESTMENTS AND FAIR VALUE - Quantitative Information About Level 3 Fair Value Measurements (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract_8" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract_8" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="us-gaap_InvestmentTypeAxis_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701068605" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorLoansMember" xlink:label="us-gaap_SeniorLoansMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" xlink:to="us-gaap_SeniorLoansMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SeniorSubordinatedLoansMember" xlink:label="us-gaap_SeniorSubordinatedLoansMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" xlink:to="us-gaap_SeniorSubordinatedLoansMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnsecuredDebtMember" xlink:label="us-gaap_UnsecuredDebtMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" xlink:to="us-gaap_UnsecuredDebtMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701068605" xlink:to="us-gaap_EquitySecuritiesMember_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="srt_RangeAxis_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_RangeMember" xlink:label="srt_RangeMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_639219879701068605" xlink:to="srt_RangeMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_639219879701068605" xlink:to="srt_MinimumMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_639219879701068605" xlink:to="srt_MaximumMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_WeightedAverageMember" xlink:label="srt_WeightedAverageMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_639219879701068605" xlink:to="srt_WeightedAverageMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="us-gaap_ValuationTechniqueAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="us-gaap_ValuationTechniqueAxis_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="us-gaap_ValuationTechniqueDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ValuationTechniqueAxis_639219879701068605" xlink:to="us-gaap_ValuationTechniqueDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_IncomeApproachValuationTechniqueMember" xlink:label="us-gaap_IncomeApproachValuationTechniqueMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ValuationTechniqueDomain_639219879701068605" xlink:to="us-gaap_IncomeApproachValuationTechniqueMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncomeAndMarketApproachValuationTechniqueMember" xlink:label="scm_IncomeAndMarketApproachValuationTechniqueMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ValuationTechniqueDomain_639219879701068605" xlink:to="scm_IncomeAndMarketApproachValuationTechniqueMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MarketApproachValuationTechniqueMember" xlink:label="us-gaap_MarketApproachValuationTechniqueMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ValuationTechniqueDomain_639219879701068605" xlink:to="us-gaap_MarketApproachValuationTechniqueMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_TransactionValueValuationTechniqueMember" xlink:label="scm_TransactionValueValuationTechniqueMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ValuationTechniqueDomain_639219879701068605" xlink:to="scm_TransactionValueValuationTechniqueMember_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis_639219879701068605" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_639219879701068605" xlink:to="us-gaap_FairValueInputsLevel3Member_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputTypeAxis" xlink:label="us-gaap_MeasurementInputTypeAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="us-gaap_MeasurementInputTypeAxis_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputTypeDomain" xlink:label="us-gaap_MeasurementInputTypeDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_MeasurementInputTypeAxis_639219879701068605" xlink:to="us-gaap_MeasurementInputTypeDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputCreditSpreadMember" xlink:label="us-gaap_MeasurementInputCreditSpreadMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_MeasurementInputTypeDomain_639219879701068605" xlink:to="us-gaap_MeasurementInputCreditSpreadMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputRiskFreeInterestRateMember" xlink:label="us-gaap_MeasurementInputRiskFreeInterestRateMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_MeasurementInputTypeDomain_639219879701068605" xlink:to="us-gaap_MeasurementInputRiskFreeInterestRateMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputEbitdaMultipleMember" xlink:label="us-gaap_MeasurementInputEbitdaMultipleMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_MeasurementInputTypeDomain_639219879701068605" xlink:to="us-gaap_MeasurementInputEbitdaMultipleMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_MeasurementInputRevenueMultipleMember" xlink:label="us-gaap_MeasurementInputRevenueMultipleMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_MeasurementInputTypeDomain_639219879701068605" xlink:to="us-gaap_MeasurementInputRevenueMultipleMember_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_639219879701068605" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_639219879701068605" xlink:to="us-gaap_InvestmentOwnedAtFairValue_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentMeasurementInput" xlink:label="us-gaap_DebtInstrumentMeasurementInput_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_639219879701068605" xlink:to="us-gaap_DebtInstrumentMeasurementInput_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesFvNiMeasurementInput" xlink:label="us-gaap_EquitySecuritiesFvNiMeasurementInput_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_639219879701068605" xlink:to="us-gaap_EquitySecuritiesFvNiMeasurementInput_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCommitmentsAndContingenciesDetails" xlink:type="extended" xlink:title="99940701 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_UnfundedDebtCommitments" xlink:label="scm_UnfundedDebtCommitments_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_1" xlink:to="scm_UnfundedDebtCommitments_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_UnfundedEquityCommitments" xlink:label="scm_UnfundedEquityCommitments_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_1" xlink:to="scm_UnfundedEquityCommitments_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NumberOfCompaniesInPortfolioToWhichWeHaveUnfundedCommitments" xlink:label="scm_NumberOfCompaniesInPortfolioToWhichWeHaveUnfundedCommitments_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_1" xlink:to="scm_NumberOfCompaniesInPortfolioToWhichWeHaveUnfundedCommitments_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureFinancialHighlightsDetails" xlink:type="extended" xlink:title="99940801 - Disclosure - FINANCIAL HIGHLIGHTS (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsAbstract" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialHighlightsRollForward" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetAssetValuePerShare" xlink:label="us-gaap_NetAssetValuePerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_NetAssetValuePerShare_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyUnrealizedDepreciationAppreciationOnInvestmentsPerShare" xlink:label="scm_InvestmentCompanyUnrealizedDepreciationAppreciationOnInvestmentsPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="scm_InvestmentCompanyUnrealizedDepreciationAppreciationOnInvestmentsPerShare_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NetRealizedGainLossPerShare" xlink:label="scm_NetRealizedGainLossPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="scm_NetRealizedGainLossPerShare_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyDistributionToShareholdersPerShare" xlink:label="us-gaap_InvestmentCompanyDistributionToShareholdersPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_InvestmentCompanyDistributionToShareholdersPerShare_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyIssuanceOfSharesPerShare" xlink:label="us-gaap_InvestmentCompanyIssuanceOfSharesPerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_InvestmentCompanyIssuanceOfSharesPerShare_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyOtherAdjustmentsPerSharePerShare" xlink:label="scm_InvestmentCompanyOtherAdjustmentsPerSharePerShare_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="scm_InvestmentCompanyOtherAdjustmentsPerSharePerShare_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NetAssetValuePerShare" xlink:label="us-gaap_NetAssetValuePerShare_6392198797010686051" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_NetAssetValuePerShare_6392198797010686051" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PerShareMarketValue" xlink:label="scm_PerShareMarketValue_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="scm_PerShareMarketValue_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyTotalReturn" xlink:label="us-gaap_InvestmentCompanyTotalReturn_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_InvestmentCompanyTotalReturn_639219879701068605" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_639219879701068605" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_639219879701068605" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639219879701068605" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyFinancialRatiosAbstract" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AssetsNet" xlink:label="us-gaap_AssetsNet_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="us-gaap_AssetsNet_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_WeightedAverageNetAssets" xlink:label="scm_WeightedAverageNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_WeightedAverageNetAssets_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyGrossOperatingExpenseToNetAssets" xlink:label="scm_InvestmentCompanyGrossOperatingExpenseToNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_InvestmentCompanyGrossOperatingExpenseToNetAssets_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyNetOperatingExpenseToNetAssets" xlink:label="scm_InvestmentCompanyNetOperatingExpenseToNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_InvestmentCompanyNetOperatingExpenseToNetAssets_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyInterestExpenseAndOtherFeesToNetAssets" xlink:label="scm_InvestmentCompanyInterestExpenseAndOtherFeesToNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_InvestmentCompanyInterestExpenseAndOtherFeesToNetAssets_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_InvestmentCompanyInvestmentIncomeLossRatioBeforeWaiverFees" xlink:label="scm_InvestmentCompanyInvestmentIncomeLossRatioBeforeWaiverFees_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_InvestmentCompanyInvestmentIncomeLossRatioBeforeWaiverFees_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossRatio" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfPortfolioTurnover" xlink:label="scm_PercentageOfPortfolioTurnover_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_PercentageOfPortfolioTurnover_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NotesPayableGross" xlink:label="scm_NotesPayableGross_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_NotesPayableGross_639219879701068605" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditCreditFacilitiesPayable" xlink:label="scm_LineOfCreditCreditFacilitiesPayable_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_LineOfCreditCreditFacilitiesPayable_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SecuredLongTermDebt" xlink:label="us-gaap_SecuredLongTermDebt_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="us-gaap_SecuredLongTermDebt_639219879701068605" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AssetsCoverageRatio" xlink:label="scm_AssetsCoverageRatio_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract_639219879701068605" xlink:to="scm_AssetsCoverageRatio_639219879701068605" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncomeTaxProvisionBenefitsOnNetUnrealizedAppreciationDepreciationInTaxableSubsidiaries" xlink:label="scm_IncomeTaxProvisionBenefitsOnNetUnrealizedAppreciationDepreciationInTaxableSubsidiaries_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="scm_IncomeTaxProvisionBenefitsOnNetUnrealizedAppreciationDepreciationInTaxableSubsidiaries_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageImpactOfTaxProvisionBenefitOnNetUnrealizedAppreciationDepreciationToWeightedAverageNetAssets" xlink:label="scm_PercentageImpactOfTaxProvisionBenefitOnNetUnrealizedAppreciationDepreciationToWeightedAverageNetAssets_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="scm_PercentageImpactOfTaxProvisionBenefitOnNetUnrealizedAppreciationDepreciationToWeightedAverageNetAssets_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfExpensesReimbursements" xlink:label="scm_PercentageOfExpensesReimbursements_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="scm_PercentageOfExpensesReimbursements_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfFeesWaived" xlink:label="scm_PercentageOfFeesWaived_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_1" xlink:to="scm_PercentageOfFeesWaived_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCreditFacilityDetails" xlink:type="extended" xlink:title="99940901 - Disclosure - CREDIT FACILITY (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="us-gaap_LineOfCreditFacilityTable_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_2" xlink:to="us-gaap_LineOfCreditFacilityTable_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_CreditFacilityAxis_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_639219879701068605" xlink:to="us-gaap_CreditFacilityDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredRevolvingCreditFacilityMember" xlink:label="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879701068605" xlink:to="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ExistingCreditFacilityMember" xlink:label="scm_ExistingCreditFacilityMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879701068605" xlink:to="scm_ExistingCreditFacilityMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_VariableRateAxis" xlink:label="us-gaap_VariableRateAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_VariableRateAxis_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_VariableRateDomain" xlink:label="us-gaap_VariableRateDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateAxis_639219879701068605" xlink:to="us-gaap_VariableRateDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_639219879701068605" xlink:to="us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SecuredOvernightFinancingRateFloorMember" xlink:label="scm_SecuredOvernightFinancingRateFloorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_639219879701068605" xlink:to="scm_SecuredOvernightFinancingRateFloorMember_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_OneMonthTermSecuredOvernightFinancingRateMember" xlink:label="scm_OneMonthTermSecuredOvernightFinancingRateMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_639219879701068605" xlink:to="scm_OneMonthTermSecuredOvernightFinancingRateMember_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_PrimeRateMember" xlink:label="us-gaap_PrimeRateMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_639219879701068605" xlink:to="us-gaap_PrimeRateMember_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FederalFundsEffectiveSwapRateMember" xlink:label="us-gaap_FederalFundsEffectiveSwapRateMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_639219879701068605" xlink:to="us-gaap_FederalFundsEffectiveSwapRateMember_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_StatementScenarioAxis" xlink:label="srt_StatementScenarioAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="srt_StatementScenarioAxis_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="srt_ScenarioUnspecifiedDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_StatementScenarioAxis_639219879701068605" xlink:to="srt_ScenarioUnspecifiedDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90Plus0.10OneMonthSofrAnd0.15ThreeMonthSofrWith0.25SofrFloorMember" xlink:label="scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90Plus0.10OneMonthSofrAnd0.15ThreeMonthSofrWith0.25SofrFloorMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ScenarioUnspecifiedDomain_639219879701068605" xlink:to="scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90Plus0.10OneMonthSofrAnd0.15ThreeMonthSofrWith0.25SofrFloorMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90PlusAlternateBaseRateBasedPrimeRateSubject3FloorFederalFundsRatePlus0.50AndOneMonthSofrPlus1.00Member" xlink:label="scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90PlusAlternateBaseRateBasedPrimeRateSubject3FloorFederalFundsRatePlus0.50AndOneMonthSofrPlus1.00Member_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ScenarioUnspecifiedDomain_639219879701068605" xlink:to="scm_ScenarioAssetCoverageRatioEqualsOrBelow1.90PlusAlternateBaseRateBasedPrimeRateSubject3FloorFederalFundsRatePlus0.50AndOneMonthSofrPlus1.00Member_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditFacilityAccordionFeatureMaximumBorrowingCapacity" xlink:label="scm_LineOfCreditFacilityAccordionFeatureMaximumBorrowingCapacity_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_LineOfCreditFacilityAccordionFeatureMaximumBorrowingCapacity_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AssetCoverageRatio" xlink:label="scm_AssetCoverageRatio_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_AssetCoverageRatio_639219879701068605" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AssetCoverageRatioBasisSpreadOnVariableRate" xlink:label="scm_AssetCoverageRatioBasisSpreadOnVariableRate_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_AssetCoverageRatioBasisSpreadOnVariableRate_639219879701068605" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MinimumCashBalance" xlink:label="scm_MinimumCashBalance_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_MinimumCashBalance_639219879701068605" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentInterestCoverageRatio" xlink:label="scm_DebtInstrumentInterestCoverageRatio_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_DebtInstrumentInterestCoverageRatio_639219879701068605" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_639219879701068605" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditBeforeOfPrepaidLoanStructureFees" xlink:label="scm_LineOfCreditBeforeOfPrepaidLoanStructureFees_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_LineOfCreditBeforeOfPrepaidLoanStructureFees_639219879701068605" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsGross" xlink:label="us-gaap_DeferredFinanceCostsGross_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_DeferredFinanceCostsGross_639219879701068605" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_DeferredFinanceCostsNet_639219879701068605" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCreditFacilityCreditFacilityNetOfPrepaidLoanStructureFeesDetails" xlink:type="extended" xlink:title="99940902 - Disclosure - CREDIT FACILITY - Credit Facility Net of Prepaid Loan Structure Fees (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_3" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="us-gaap_LineOfCreditFacilityTable_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_3" xlink:to="us-gaap_LineOfCreditFacilityTable_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_CreditFacilityAxis_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_639219879701068605" xlink:to="us-gaap_CreditFacilityDomain_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredRevolvingCreditFacilityMember" xlink:label="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879701068605" xlink:to="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LineOfCreditBeforeOfPrepaidLoanStructureFees" xlink:label="scm_LineOfCreditBeforeOfPrepaidLoanStructureFees_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="scm_LineOfCreditBeforeOfPrepaidLoanStructureFees_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_DeferredFinanceCostsNet_639219879701068605" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701068605" xlink:to="us-gaap_LineOfCredit_639219879701068605" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureCreditFacilityInterestExpenseAndAmortizedLoanFeesDetails" xlink:type="extended" xlink:title="99940903 - Disclosure - CREDIT FACILITY - Interest Expense and Amortized Loan Fees (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_4" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityTable" xlink:label="us-gaap_LineOfCreditFacilityTable_639219879701068605" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_4" xlink:to="us-gaap_LineOfCreditFacilityTable_639219879701068605" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_639219879701219129" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_CreditFacilityAxis_639219879701219129" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_639219879701219129" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_639219879701219129" xlink:to="us-gaap_CreditFacilityDomain_639219879701219129" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredRevolvingCreditFacilityMember" xlink:label="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701219129" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879701219129" xlink:to="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701219129" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701219129" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_DebtInstrumentAxis_639219879701219129" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701219129" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701219129" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701219129" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Notes7.25PercentDue2030Member" xlink:label="scm_Notes7.25PercentDue2030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701219129" xlink:to="scm_Notes7.25PercentDue2030Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityLineItems" xlink:label="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityTable_639219879701068605" xlink:to="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebtExcludingAmortization" xlink:label="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfLoanFee" xlink:label="scm_AmortizationOfLoanFee_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="scm_AmortizationOfLoanFee_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebt" xlink:label="us-gaap_InterestExpenseDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebt_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentWeightedAverageInterestRate" xlink:label="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentsInterestRateEffectivePercentage" xlink:label="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtAverageAmountOutstanding" xlink:label="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfInterestDebt" xlink:label="scm_PaymentsOfInterestDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LineOfCreditFacilityLineItems_639219879701223071" xlink:to="scm_PaymentsOfInterestDebt_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesDetails" xlink:type="extended" xlink:title="99941001 - Disclosure - SBA-GUARANTEED DEBENTURES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_1" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="srt_ConsolidatedEntitiesAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879701223071" xlink:to="srt_ConsolidatedEntitiesDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryMember" xlink:label="scm_SbicSubsidiaryMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicSubsidiaryMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicIiiSubsidiaryMember" xlink:label="scm_SbicIiiSubsidiaryMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicIiiSubsidiaryMember_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryIiMember" xlink:label="scm_SbicSubsidiaryIiMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicSubsidiaryIiMember_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMember" xlink:label="scm_SbaGuaranteedDebenturesMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RegulatoryLeverageLimit" xlink:label="scm_RegulatoryLeverageLimit_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_RegulatoryLeverageLimit_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTerm" xlink:label="us-gaap_DebtInstrumentTerm_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentTerm_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfUpfrontFee" xlink:label="scm_PercentageOfUpfrontFee_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_PercentageOfUpfrontFee_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityCommitmentFeePercentage" xlink:label="us-gaap_LineOfCreditFacilityCommitmentFeePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_LineOfCreditFacilityCommitmentFeePercentage_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentIssuanceDiscountPercentage" xlink:label="scm_DebtInstrumentIssuanceDiscountPercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentIssuanceDiscountPercentage_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Capital" xlink:label="us-gaap_Capital_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_Capital_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_LineOfCredit_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_639219879701223071" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_IncreaseInDebtRegulatoryLimit" xlink:label="scm_IncreaseInDebtRegulatoryLimit_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_IncreaseInDebtRegulatoryLimit_639219879701223071" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_Assets_639219879701223071" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PercentageOfSubsidiaryAssetsInConsolidatedAssets" xlink:label="scm_PercentageOfSubsidiaryAssetsInConsolidatedAssets_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_PercentageOfSubsidiaryAssetsInConsolidatedAssets_639219879701223071" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsGross" xlink:label="us-gaap_DeferredFinanceCostsGross_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DeferredFinanceCostsGross_639219879701223071" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DeferredFinanceCostsNet_639219879701223071" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesSbicIDebentureDetails" xlink:type="extended" xlink:title="99941002 - Disclosure - SBA-GUARANTEED DEBENTURES - SBIC I Debenture (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_2" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="srt_ConsolidatedEntitiesAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879701223071" xlink:to="srt_ConsolidatedEntitiesDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryMember" xlink:label="scm_SbicSubsidiaryMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicSubsidiaryMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMaturityDateMarch12028Member" xlink:label="scm_SbaGuaranteedDebenturesMaturityDateMarch12028Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMaturityDateMarch12028Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12028Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12028Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12028Member_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12028Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12028Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12028Member_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMaturityDateMarch12029Member" xlink:label="scm_SbaGuaranteedDebenturesMaturityDateMarch12029Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMaturityDateMarch12029Member_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentFaceAmount_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentAnnualChargePercentage" xlink:label="scm_DebtInstrumentAnnualChargePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentAnnualChargePercentage_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesSbicIiDebentureDetails" xlink:type="extended" xlink:title="99941003 - Disclosure - SBA-GUARANTEED DEBENTURES - SBIC II Debenture (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_3" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_3" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="srt_ConsolidatedEntitiesAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879701223071" xlink:to="srt_ConsolidatedEntitiesDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryIiMember" xlink:label="scm_SbicSubsidiaryIiMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicSubsidiaryIiMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateMarch12030Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12030Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12030Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12030Member_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateMarch12031Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12031Member_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12031Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12031Member_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesThreeMaturityDateMarch12031Member" xlink:label="scm_SbaGuaranteedDebenturesThreeMaturityDateMarch12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesThreeMaturityDateMarch12031Member_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesFourMaturityDateMarch12031Member" xlink:label="scm_SbaGuaranteedDebenturesFourMaturityDateMarch12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesFourMaturityDateMarch12031Member_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesFiveMaturityDateMarch12031Member" xlink:label="scm_SbaGuaranteedDebenturesFiveMaturityDateMarch12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesFiveMaturityDateMarch12031Member_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12031Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12031Member_639219879701223071" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12031Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12031Member_639219879701223071" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12031Member" xlink:label="scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12031Member_639219879701223071" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12031Member" xlink:label="scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12031Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12031Member_639219879701223071" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMaturityDateMarch12032Member" xlink:label="scm_SbaGuaranteedDebenturesMaturityDateMarch12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMaturityDateMarch12032Member_639219879701223071" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateSeptember12032Member_639219879701223071" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateSeptember12032Member_639219879701223071" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesThreeMaturityDateSeptember12032Member_639219879701223071" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesFourMaturityDateSeptember12032Member_639219879701223071" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesFiveMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesFiveMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesFiveMaturityDateSeptember12032Member_639219879701223071" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesSixMaturityDateSeptember12032Member" xlink:label="scm_SbaGuaranteedDebenturesSixMaturityDateSeptember12032Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesSixMaturityDateSeptember12032Member_639219879701223071" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesOneMaturityDateMarch12033Member" xlink:label="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12033Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesOneMaturityDateMarch12033Member_639219879701223071" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12033Member" xlink:label="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12033Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesTwoMaturityDateMarch12033Member_639219879701223071" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMaturityDateSeptember12033Member" xlink:label="scm_SbaGuaranteedDebenturesMaturityDateSeptember12033Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMaturityDateSeptember12033Member_639219879701223071" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMaturityDateMarch12034Member" xlink:label="scm_SbaGuaranteedDebenturesMaturityDateMarch12034Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMaturityDateMarch12034Member_639219879701223071" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentFaceAmount_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentAnnualChargePercentage" xlink:label="scm_DebtInstrumentAnnualChargePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentAnnualChargePercentage_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesScheduleOfSbaGuaranteedDebenturesNetOfPrepaidLoanFeesDetails" xlink:type="extended" xlink:title="99941004 - Disclosure - SBA-GUARANTEED DEBENTURES - Schedule of SBA-guaranteed Debentures, Net of Prepaid Loan Fees (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_4" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_4" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMember" xlink:label="scm_SbaGuaranteedDebenturesMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SecuredLongTermDebtBeforePrepaidLoanFees" xlink:label="scm_SecuredLongTermDebtBeforePrepaidLoanFees_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_SecuredLongTermDebtBeforePrepaidLoanFees_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DeferredFinanceCostsNet_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SecuredLongTermDebt" xlink:label="us-gaap_SecuredLongTermDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_SecuredLongTermDebt_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSbaGuaranteedDebenturesScheduleOfInterestExpenseAndAmortizedFeesOnSbaGuaranteedDebenturesDetails" xlink:type="extended" xlink:title="99941005 - Disclosure - SBA-GUARANTEED DEBENTURES - Schedule of Interest Expense and Amortized Fees on SBA-guaranteed Debentures (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesAbstract" xlink:label="scm_SbaGuaranteedDebenturesAbstract_5" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="scm_SbaGuaranteedDebenturesAbstract_5" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMember" xlink:label="scm_SbaGuaranteedDebenturesMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebtExcludingAmortization" xlink:label="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_AmortizationOfFinancingCostsAndDiscounts_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebt" xlink:label="us-gaap_InterestExpenseDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebt_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentWeightedAverageInterestRate" xlink:label="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentsInterestRateEffectivePercentage" xlink:label="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtAverageAmountOutstanding" xlink:label="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfInterestDebt" xlink:label="scm_PaymentsOfInterestDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_PaymentsOfInterestDebt_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNotes2026NotesDetails" xlink:type="extended" xlink:title="99941101 - Disclosure - NOTES - 2026 Notes (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayableAbstract" xlink:label="us-gaap_NotesPayableAbstract_4" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NotesPayableAbstract_4" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NotesPayable2026Member" xlink:label="scm_NotesPayable2026Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_NotesPayable2026Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Notes7.250PercentDue2030Member" xlink:label="scm_Notes7.250PercentDue2030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_Notes7.250PercentDue2030Member_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentFaceAmount_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentRedemptionPricePercentage_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayable" xlink:label="us-gaap_NotesPayable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_NotesPayable_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsGross" xlink:label="us-gaap_DeferredFinanceCostsGross_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DeferredFinanceCostsGross_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PrepaidFinancingCostsNotYetAmortized" xlink:label="scm_PrepaidFinancingCostsNotYetAmortized_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_PrepaidFinancingCostsNotYetAmortized_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentCarryingAmount_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_UnamortizedDebtIssuanceExpense_639219879701223071" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNotesInterestExpenseAndDeferredFinancingCosts20262030NotesDetails" xlink:type="extended" xlink:title="99941102 - Disclosure - NOTES - Interest Expense and Deferred Financing Costs - 2026 &amp; 2030 Notes (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayableAbstract" xlink:label="us-gaap_NotesPayableAbstract_7" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NotesPayableAbstract_7" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_NotesPayable2026Member" xlink:label="scm_NotesPayable2026Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_NotesPayable2026Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Notes7.25PercentDue2030Member" xlink:label="scm_Notes7.25PercentDue2030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_Notes7.25PercentDue2030Member_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebtExcludingAmortization" xlink:label="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebtExcludingAmortization_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfDeferredFinancingCosts" xlink:label="scm_AmortizationOfDeferredFinancingCosts_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_AmortizationOfDeferredFinancingCosts_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfDebtDiscount" xlink:label="scm_AmortizationOfDebtDiscount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_AmortizationOfDebtDiscount_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_AmortizationOfDebtPremium" xlink:label="scm_AmortizationOfDebtPremium_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_AmortizationOfDebtPremium_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestExpenseDebt" xlink:label="us-gaap_InterestExpenseDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_InterestExpenseDebt_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentWeightedAverageInterestRate" xlink:label="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentWeightedAverageInterestRate_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DebtInstrumentsInterestRateEffectivePercentage" xlink:label="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_DebtInstrumentsInterestRateEffectivePercentage_639219879701223071" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LongTermDebtAverageAmountOutstanding" xlink:label="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_LongTermDebtAverageAmountOutstanding_639219879701223071" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_PaymentsOfInterestDebt" xlink:label="scm_PaymentsOfInterestDebt_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="scm_PaymentsOfInterestDebt_639219879701223071" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureNotesNotesPayableNetOfDeferredFinancingCosts2030NotesDetails" xlink:type="extended" xlink:title="99941103 - Disclosure - NOTES - Notes Payable Net of Deferred Financing Costs - 2030 Notes (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayableAbstract" xlink:label="us-gaap_NotesPayableAbstract_6" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NotesPayableAbstract_6" xlink:to="us-gaap_DebtInstrumentTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_Notes7.25PercentDue2030Member" xlink:label="scm_Notes7.25PercentDue2030Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_Notes7.25PercentDue2030Member_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentLineItems_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentCarryingAmount_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DeferredFinanceCostsNet_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentUnamortizedPremium" xlink:label="us-gaap_DebtInstrumentUnamortizedPremium_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentUnamortizedPremium_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="us-gaap_DebtInstrumentUnamortizedDiscount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_DebtInstrumentUnamortizedDiscount_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NotesPayable" xlink:label="us-gaap_NotesPayable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_639219879701223071" xlink:to="us-gaap_NotesPayable_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSubsequentEventsInvestmentPortfolioDetails" xlink:type="extended" xlink:title="99941201 - Disclosure - SUBSEQUENT EVENTS - Investment Portfolio (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_SubsequentEventTypeAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeAxis_639219879701223071" xlink:to="us-gaap_SubsequentEventTypeDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeDomain_639219879701223071" xlink:to="us-gaap_SubsequentEventMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_InvestmentTypeAxis_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeAxis_639219879701223071" xlink:to="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_EquitySecuritiesMember" xlink:label="us-gaap_EquitySecuritiesMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" xlink:to="us-gaap_EquitySecuritiesMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredFirstLienMember" xlink:label="scm_SeniorSecuredFirstLienMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" xlink:to="scm_SeniorSecuredFirstLienMember_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_DelayedDrawTermLoanCommitmentMember" xlink:label="scm_DelayedDrawTermLoanCommitmentMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" xlink:to="scm_DelayedDrawTermLoanCommitmentMember_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_RevolverCommitmentMember" xlink:label="scm_RevolverCommitmentMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" xlink:to="scm_RevolverCommitmentMember_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SecondLienSecurityMember" xlink:label="scm_SecondLienSecurityMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentTypeCategorizationMember_639219879701223071" xlink:to="scm_SecondLienSecurityMember_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameAxis" xlink:label="us-gaap_InvestmentIssuerNameAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_InvestmentIssuerNameAxis_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentIssuerNameDomain" xlink:label="us-gaap_InvestmentIssuerNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameAxis_639219879701223071" xlink:to="us-gaap_InvestmentIssuerNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_BladeLandscapeInvestmentsLlcMember" xlink:label="scm_BladeLandscapeInvestmentsLlcMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_BladeLandscapeInvestmentsLlcMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_EmergentSoftwareMember" xlink:label="scm_EmergentSoftwareMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_EmergentSoftwareMember_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_LjWeldingAutomationLtd.Member" xlink:label="scm_LjWeldingAutomationLtd.Member_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_LjWeldingAutomationLtd.Member_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_GeneralLEDOPCOLLCMember" xlink:label="scm_GeneralLEDOPCOLLCMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_GeneralLEDOPCOLLCMember_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_MackenzieChildsAcquisitionIncMember" xlink:label="scm_MackenzieChildsAcquisitionIncMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_MackenzieChildsAcquisitionIncMember_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_U.S.ExpeditersLLCMember" xlink:label="scm_U.S.ExpeditersLLCMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_InvestmentIssuerNameDomain_639219879701223071" xlink:to="scm_U.S.ExpeditersLLCMember_639219879701223071" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_SubsequentEventLineItems_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentOwnedBalancePrincipalAmount" xlink:label="us-gaap_InvestmentOwnedBalancePrincipalAmount_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_InvestmentOwnedBalancePrincipalAmount_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InvestmentTypeExtensibleEnumeration" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_InvestmentTypeExtensibleEnumeration_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSubsequentEventsAdditionalInformationDetails" xlink:type="extended" xlink:title="99941202 - Disclosure - SUBSEQUENT EVENTS - Additional Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract_5" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract_5" xlink:to="us-gaap_SubsequentEventTable_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_CreditFacilityAxis_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_639219879701223071" xlink:to="us-gaap_CreditFacilityDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SeniorSecuredRevolvingCreditFacilityMember" xlink:label="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_639219879701223071" xlink:to="scm_SeniorSecuredRevolvingCreditFacilityMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="srt_ConsolidatedEntitiesAxis_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2026/elts/srt-2026.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_639219879701223071" xlink:to="srt_ConsolidatedEntitiesDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicIiiSubsidiaryMember" xlink:label="scm_SbicIiiSubsidiaryMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicIiiSubsidiaryMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbicSubsidiaryMember" xlink:label="scm_SbicSubsidiaryMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_639219879701223071" xlink:to="scm_SbicSubsidiaryMember_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_DebtInstrumentAxis_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_639219879701223071" xlink:to="us-gaap_DebtInstrumentNameDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_SbaGuaranteedDebenturesMember" xlink:label="scm_SbaGuaranteedDebenturesMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_639219879701223071" xlink:to="scm_SbaGuaranteedDebenturesMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_SubsequentEventTypeAxis_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeAxis_639219879701223071" xlink:to="us-gaap_SubsequentEventTypeDomain_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeDomain_639219879701223071" xlink:to="us-gaap_SubsequentEventMember_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701223071" xlink:to="us-gaap_SubsequentEventLineItems_639219879701223071" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_639219879701223071" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_Capital" xlink:label="us-gaap_Capital_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_Capital_639219879701223071" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="us-gaap_StockRepurchasedDuringPeriodShares_639219879701223071" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_StockRepurchasedWeightedAveragePricePerShare" xlink:label="scm_StockRepurchasedWeightedAveragePricePerShare_639219879701223071" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701223071" xlink:to="scm_StockRepurchasedWeightedAveragePricePerShare_639219879701223071" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureSubsequentEventsDividendsDeclaredDetails" xlink:type="extended" xlink:title="99941203 - Disclosure - SUBSEQUENT EVENTS - Dividends Declared (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract_1" xlink:to="us-gaap_SubsequentEventTable_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701378568" xlink:to="us-gaap_SubsequentEventTypeAxis_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeAxis_639219879701378568" xlink:to="us-gaap_SubsequentEventTypeDomain_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeDomain_639219879701378568" xlink:to="us-gaap_SubsequentEventMember_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsAxis" xlink:label="us-gaap_DividendsAxis_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701378568" xlink:to="us-gaap_DividendsAxis_639219879701378568" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsDomain" xlink:label="us-gaap_DividendsDomain_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsAxis_639219879701378568" xlink:to="us-gaap_DividendsDomain_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q3M1DividendsMember" xlink:label="scm_O2026Q3M1DividendsMember_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879701378568" xlink:to="scm_O2026Q3M1DividendsMember_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q3M2DividendsMember" xlink:label="scm_O2026Q3M2DividendsMember_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879701378568" xlink:to="scm_O2026Q3M2DividendsMember_639219879701378568" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="scm-20260630.xsd#scm_O2026Q3M3DividendsMember" xlink:label="scm_O2026Q3M3DividendsMember_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsDomain_639219879701378568" xlink:to="scm_O2026Q3M3DividendsMember_639219879701378568" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_639219879701378568" xlink:to="us-gaap_SubsequentEventLineItems_639219879701378568" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableDateDeclaredDayMonthAndYear" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701378568" xlink:to="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableDateOfRecordDayMonthAndYear" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701378568" xlink:to="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_639219879701378568" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendPayableDateToBePaidDayMonthAndYear" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701378568" xlink:to="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_639219879701378568" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="us-gaap_DividendsPayableAmountPerShare_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_639219879701378568" xlink:to="us-gaap_DividendsPayableAmountPerShare_639219879701378568" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://stelluscapital.com/role/DisclosureReportableSegmentsDetails" xlink:type="extended" xlink:title="99941301 - Disclosure - REPORTABLE SEGMENTS (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SegmentReportingAbstract" xlink:label="us-gaap_SegmentReportingAbstract_1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="us-gaap_NumberOfOperatingSegments_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SegmentReportingAbstract_1" xlink:to="us-gaap_NumberOfOperatingSegments_639219879701378568" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_NumberOfReportableSegments" xlink:label="us-gaap_NumberOfReportableSegments_639219879701378568" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SegmentReportingAbstract_1" xlink:to="us-gaap_NumberOfReportableSegments_639219879701378568" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1" />
  </presentationLink>
  <presentationLink xlink:role="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" xlink:type="extended" xlink:title="995445 - Disclosure - Insider Trading Arrangements" xmlns="http://www.xbrl.org/2003/linkbase" />
  <presentationLink xlink:role="http://xbrl.sec.gov/cef/role/N2" xlink:type="extended" xlink:title="995470 - Disclosure - N-2" xmlns="http://www.xbrl.org/2003/linkbase" />
</link:linkbase>
