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Commitments and Contingencies
 3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
The Company entered into certain contracts with related and other parties that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, the Company has not experienced claims or losses pursuant to these contracts and believes the risk of loss related to such indemnifications to be remote.
As of March 31, 2025 and December 31, 2024, the Company’s unfunded commitments were as follows:
Unfunded CommitmentsMarch 31, 2025(1)December 31, 2024(1)
APS Acquisition Holdings, LLC$7,799 $7,799 
David’s Bridal, LLC6,000 — 
American Family Care, LLC5,909 5,909 
Rogers Mechanical Contractors, LLC5,426 5,426 
American Health Staffing Group, Inc.3,333 3,333 
American Clinical Solutions LLC2,600 4,600 
Mimeo.com, Inc.2,500 2,500 
Gold Medal Holdings, Inc.2,498 2,498 
ALM Global, LLC2,340 1,800 
Moss Holding Company2,232 2,232 
CrossLink Professional Tax Solutions, LLC2,209 1,840 
Newbury Franklin Industrials, LLC1,974 1,974 
Bradshaw International Parent Corp.1,844 1,844 
Sleep Opco, LLC1,750 1,750 
Thrill Holdings LLC1,739 1,739 
SHF Holdings, Inc.1,739 — 
Instant Web, LLC1,731 2,488 
Stengel Hill Architecture, LLC1,725 1,725 
Riddell, Inc. / All American Sports Corp.1,636 1,636 
HEC Purchaser Corp.1,302 1,302 
ESP Associates, Inc.1,118 1,118 
Optio Rx, LLC988 — 
Cennox, Inc.840 2,334 
TMK Hawk Parent, Corp.779 779 
RA Outdoors, LLC720 348 
Ironhorse Purchaser, LLC694 551 
Berlitz Holdings, Inc.462 — 
Lux Credit Consultants LLC456 5,069 
Nova Compression, LLC326 — 
HW Acquisition, LLC294 147 
Anthem Sports & Entertainment Inc.167 1,225 
Flatworld Intermediate Corp.— 5,865 
BDS Solutions Intermediateco, LLC— 524 
Dermcare Management, LLC— 326 
Total$65,130 $70,681 
(1)Unless otherwise noted, the funding criteria for these unfunded commitments had not been met at the date indicated.
Unfunded commitments to provide funds to companies are not recorded on the Company’s consolidated balance sheets. Since these commitments may expire without being drawn upon, unfunded commitments do not necessarily represent future cash requirements or future earning assets for the Company. The Company intends to use cash on hand, short-term investments, proceeds from borrowings, and other liquid assets to fund these commitments should the need arise. For information on the companies to which the Company is committed to fund additional amounts as of March 31, 2025 and December 31, 2024, refer to the table above and the consolidated schedules of investments. As of April 30, 2025, the Company was committed, upon the satisfaction of certain conditions, to fund an additional $61,793.
The Company will fund its unfunded commitments from the same sources it uses to fund its investment commitments that are funded at the time they are made (i.e., advances from its financing arrangements and/or cash flows from operations). The Company will not fund its unfunded commitments from future net proceeds generated by securities offerings, if any. The Company follows a process to manage its liquidity and ensure that it has available capital to fund its unfunded commitments. Specifically, the Company prepares detailed analyses of the level of its unfunded commitments relative to its then available liquidity on a daily basis.  These analyses are reviewed and discussed on a weekly basis by the Company's executive officers and senior members of CIM (including members of the investment committee) and are updated on a “real time” basis in order to ensure that the Company has adequate liquidity to satisfy its unfunded commitments.