| Schedule of Payment Obligations for Repayment of Debt and Other Contractual Obligations |
The following table shows our payment obligations
for repayment of debt and other contractual obligations at November 30, 2025:
| |
|
|
|
|
Payment Due by Period |
|
| Long-Term Debt Obligations |
|
Total |
|
|
Less Than
1 Year |
|
|
1 - 3
Years |
|
|
3 - 5
Years |
|
|
More Than
5 Years |
|
| |
|
($ in thousands) |
|
| Valley Bank credit facility |
|
$ |
32,500 |
|
|
$ |
- |
|
|
$ |
32,500 |
|
|
$ |
- |
|
|
$ |
- |
|
| Live Oak credit facility |
|
|
37,500 |
|
|
|
- |
|
|
|
37,500 |
|
|
|
- |
|
|
|
- |
|
| SBA debentures |
|
|
170,000 |
|
|
|
- |
|
|
|
- |
|
|
|
26,000 |
|
|
|
144,000 |
|
| 4.375% 2026 Notes |
|
|
175,000 |
|
|
|
175,000 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| 4.35% 2027 Notes |
|
|
75,000 |
|
|
|
- |
|
|
|
75,000 |
|
|
|
- |
|
|
|
- |
|
| 6.00% 2027 Notes |
|
|
105,500 |
|
|
|
- |
|
|
|
105,500 |
|
|
|
- |
|
|
|
- |
|
| 6.25% 2027 Notes |
|
|
15,000 |
|
|
|
- |
|
|
|
15,000 |
|
|
|
- |
|
|
|
- |
|
| 8.00% 2027 Notes |
|
|
46,000 |
|
|
|
- |
|
|
|
46,000 |
|
|
|
- |
|
|
|
- |
|
| 8.125% 2027 Notes |
|
|
60,375 |
|
|
|
- |
|
|
|
60,375 |
|
|
|
- |
|
|
|
- |
|
| 8.5% 2028 Notes |
|
|
57,500 |
|
|
|
- |
|
|
|
57,500 |
|
|
|
- |
|
|
|
- |
|
| Total Long-Term Debt Obligations |
|
$ |
774,375 |
|
|
$ |
175,000 |
|
|
$ |
429,375 |
|
|
$ |
26,000 |
|
|
$ |
144,000 |
|
|
| Schedule of Unfunded Commitments Outstanding |
A summary of the unfunded commitments outstanding as of November
30, 2025 and February 28, 2025 is shown in the table below (dollars in thousands):
| | |
November 30,
2025 | | |
February 28,
2025 | |
| At Company’s discretion | |
| | |
| |
| ActiveProspect, Inc. | |
$ | 10,000 | | |
$ | 10,000 | |
| Angry Chickz, Inc. | |
| 10,000 | | |
| - | |
| Artemis Wax Corp. | |
| - | | |
| 23,500 | |
| Ascend Software, LLC | |
| - | | |
| 5,000 | |
| C2 Educational Systems | |
| - | | |
| 2,000 | |
| Davisware, LLC | |
| - | | |
| 1,000 | |
| JDXpert | |
| 4,500 | | |
| 4,500 | |
| Lee’s Famous Recipe Chicken | |
| 10,000 | | |
| 10,000 | |
| Pepper Palace, Inc. | |
| 800 | | |
| 1,200 | |
| Saratoga Senior Loan Fund I JV, LLC | |
| 6,933 | | |
| 8,548 | |
| SAI Systems Health, LLC | |
| 4,000 | | |
| - | |
| Source 44 LLC | |
| 20,000 | | |
| - | |
| VetnCare MSO, LLC | |
| - | | |
| 10,000 | |
| StockIQ Technologies, LLC | |
| 5,000 | | |
| - | |
| Total | |
$ | 71,233 | | |
$ | 75,748 | |
| | |
| | | |
| | |
| At portfolio company’s discretion - satisfaction of certain financial and nonfinancial covenants required | |
| | | |
| | |
| Angry Chickz, Inc. | |
| 2,100 | | |
| - | |
| Axero Holdings, LLC - Revolver | |
| 500 | | |
| 500 | |
| Axiom Medical Consulting, LLC | |
| - | | |
| 1,500 | |
| BQE Software, Inc. | |
| 250 | | |
| 2,250 | |
| Cloudpermit Intermediate Holding Company | |
| 5,000 | | |
| 5,000 | |
| Davisware, LLC | |
| - | | |
| 1,750 | |
| Exigo, LLC - Revolver | |
| 625 | | |
| 625 | |
| Gen4 Dental Partners Holdings, LLC | |
| 2,381 | | |
| 2,857 | |
| Granite Comfort, LP | |
| - | | |
| 11,637 | |
| Innergy, Inc. | |
| 3,000 | | |
| 5,000 | |
| Inspect Point Holding, LLC | |
| 4,000 | | |
| 1,500 | |
| Lee’s Famous Recipe Chicken | |
| 25,000 | | |
| - | |
| Modis Dental Partners OpCo, LLC | |
| - | | |
| 8,900 | |
| Pepper Palace, Inc. - Revolver | |
| - | | |
| 600 | |
| SAI Systems Health, LLC | |
| 1,474 | | |
| - | |
| Source 44 LLC | |
| 2,000 | | |
| - | |
| Source 44 LLC - Revolver | |
| 2,000 | | |
| - | |
| Stretch Zone Franchising, LLC | |
| - | | |
| 1,500 | |
| VetnCare MSO, LLC | |
| - | | |
| 7,319 | |
| StockIQ Technologies, LLC | |
| 1,500 | | |
| - | |
| SmartAC.com, Inc. | |
| 17,000 | | |
| - | |
| | |
| 66,830 | | |
| 50,938 | |
| Total | |
$ | 138,063 | | |
$ | 126,686 | |
|