Business Description
PennantPark Investment Corporation is a business development company that provides financing to mid-sized businesses across a wide range of industries throughout the United States. It offers various forms of capital, including senior secured loans, subordinated debt, and equity investments, typically ranging from $10 million to $250 million depending on the type of investment. The company focuses on businesses generating between $10 million and $50 million in EBITDA, with annual revenues generally falling between $50 million and $1 billion.
