Stellus Capital Investment Corp SCM

Except as otherwise indicated, the terms "we," "us," "our," and the "Company" refer to Stellus Capital Investment Corporation; and "Stellus Capital Management," the "Advisor" or the "Administrator" refer to our investment adviser and administrator, Stellus Capital Management, LLC.

We are an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). We were organized as a Maryland corporation on May 8, 2012, and formally commenced operations on November 7, 2012. We originate and invest primarily in private U.S. lower middle-market companies (typically those with $5 million to $50 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche), second lien, and unsecured debt financing, often with corresponding equity co-investments. Unitranche structures may combine characteristics of first lien senior secured as well as second lien and/or subordinated loans, and our unitranche loans will expose us to the risks associated with second lien and subordinated loans to the extent we invest in the "last-out" tranche. Unsecured debt includes senior unsecured and subordinated loans.