OFS Capital Corporation OFS

Company Overview

OFS Capital Corporation is a publicly traded business development company (BDC) that provides financing solutions primarily to middle-market companies in the United States. The company operates within the specialty finance and asset management industries and focuses on generating current income and capital appreciation through investments in debt securities, structured finance investments, and equity positions. OFS Capital is externally managed by OFS Capital Management, LLC, an affiliate of Orchard First Source Asset Management. Its investment strategy centers on senior secured loans, subordinated debt, and selective equity investments in privately held businesses across a diversified set of industries.

The company’s primary revenue drivers are interest income from debt investments, dividend income, fee income, and realized gains from portfolio investments. OFS Capital primarily serves lower middle-market and middle-market corporate borrowers that seek capital for acquisitions, refinancing, recapitalizations, growth initiatives, or working capital needs. A distinguishing aspect of the company is its access to the broader credit platform and underwriting capabilities of the OFS platform, which provides sourcing relationships and institutional credit expertise. OFS Capital was founded in 2012 and elected to be regulated as a BDC under the Investment Company Act of 1940. Since its initial public offering, the company has expanded its portfolio through direct lending and structured credit investments.