WhiteHorse Finance, Inc. WHF

Company Overview

WhiteHorse Finance, Inc. is a publicly traded specialty finance company and business development company (BDC) that primarily provides debt financing to lower middle-market companies in the United States. The company operates within the asset management and specialty lending industries, focusing on originated loans and structured credit investments for privately held businesses across a range of sectors. Its core revenue drivers are interest income from senior secured loans, subordinated debt investments, and related fee income generated through lending activities.

The company’s investment strategy emphasizes capital preservation and current income through predominantly first-lien senior secured loans. WhiteHorse Finance is externally managed by H.I.G. WhiteHorse Advisers, LLC, an affiliate of global alternative investment firm H.I.G. Capital. This relationship provides sourcing capabilities, underwriting infrastructure, and access to sponsor-backed transactions. WhiteHorse Finance was formed in 2011 and completed its initial public offering in 2012. Since inception, the company has expanded its portfolio through direct originations and sponsor relationships targeting lower middle-market borrowers with EBITDA levels generally below those served by larger institutional lenders.