BRC Group Holdings, Inc. (NASDAQ:RILY) announced on March 30 the creation of BRC Specialty Finance, a new platform designed to address the short- and medium-term funding needs of U.S. publicly listed companies with market capitalizations below $1 billion.
The new specialty finance arm will offer flexible capital solutions ranging from $10 million to $100 million for companies that the firm believes are often overlooked by traditional lenders. BRC Specialty Finance will primarily target businesses that maintain enterprise value, retain access to public markets, and have identifiable growth or operational catalysts.
“Small- and middle-market public companies need flexible, timely capital and a partner that understands both the credit profile and the equity story,” said Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings.
The platform plans to provide a variety of financing structures, including structured equity loans, bridge financing, special situations credit, and direct lending. The company said BRCSF will tailor financing solutions to each borrower’s capital structure, liquidity position, and strategic goals rather than relying on standardized lending frameworks.
Riley noted that traditional banks have been scaling back exposure to smaller issuers, while regional lenders continue to consolidate and private credit firms increasingly prioritize larger borrowers. According to the company, this shift creates opportunities for platforms capable of moving quickly and offering both capital and market expertise.
BRC Group Holdings operates as a diversified holding company with businesses across financial services, communications, and retail, in addition to investments in equity, debt, and venture capital. Its financial services division focuses on delivering customized solutions to small-cap and middle-market companies.