SCM

Stellus Capital Investment Corporation (NASDAQ:SCM) is a business development company founded in 2012 that specializes in providing debt and equity financing to private middle-market companies across the United States and Canada. As a publicly traded investment firm, Stellus operates under the Investment Company Act of 1940 and focuses on companies with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) between $5 million and $50 million. The company has grown its investment portfolio from approximately $773 million in 2022 to over $1 billion by late 2024, establishing itself as a significant player in the middle-market lending space.