Hercules Technology Growth Capital, Inc. (NYSE:HTGC)
CAPS Rating:
Prov debt & equity growth capital to tech cos.
Prov debt & equity growth capital to tech cos.
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This is a great Silicon Valley BDC. They do venture debt and do it well....lend at good rates of return and take warrants from growth companies which provide an equity kicker. Occasionally, they invest in venture-backed companies outright. They seem to be weathering the downturn in the economy very well.