Saratoga Investment Corporation is a specialty finance company that invests primarily in leveraged loans and mezzanine debt issued by private U.S. middle-market companies. The Company's investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments. The Company's portfolio consists of investments in leveraged loans (both first and second lien term loans) issued by middle market companies. It also purchases mezzanine debt and make equity investments in middle market companies. Mezzanine debt is typically unsecured and subordinated to senior debt of the portfolio company. The Company is managed and advised by Saratoga Investment Advisors, LLC, a New York-based investment firm affiliated with Saratoga Partners, a middle market private equity investment firm.