Business Description
New Mountain Finance Corporation (NMFC) is a publicly traded business development company that focuses on lending to and investing in mid-sized businesses across a wide range of industries, with a preference for sectors that tend to hold up well during economic downturns. The company provides financing across the full capital structure, from secured loans to mezzanine debt and equity, typically committing between $10 million and $125 million per deal. NMFC targets companies based in the United States with earnings between $10 million and $200 million, and generally looks to hold a controlling interest in the businesses it backs.