Main Street Capital Corporation
Company Overview
Main Street Capital Corporation is a business development company (BDC) that primarily engages in lending money and making equity investments in lower middle market companies. The company provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.
The company generates revenue primarily through interest income from its debt investments and dividend income from its equity investments. It operates as an internally-managed BDC, which means its executives and investment professionals are employed directly by the company rather than an external management firm.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $145.48m | $26.78m | $104.83m | $26.78m | 72.06% | 100.00% |
Company Impact
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