Hercules Capital, Inc.

Hercules Capital is an internally managed business development company that provides debt, equity, and other financing solutions to growing private companies in technology, healthcare, and specialized industries. The company's investment portfolio consists primarily of senior secured loans to middle-market companies, complemented by selective equity and warrant investments, with a geographic focus on U.S.-based firms and exposure to select international markets. Hercules Capital generates revenue through interest and fee income on its debt and equity investments, dividend income from equity positions, and management and incentive fee income from private investment funds it manages for external investors, while distributing net investment income to its stockholders on a quarterly basis.