Know the company
Company overview
Chicago Atlantic BDC lends to middle-market businesses, including companies in and around the cannabis industry. Borrowers pay interest and lending fees, which become income for shareholders after financing, management and operating costs. New lending and repayments change the size of that income stream. Borrower performance matters especially when an investment is worth less than expected or stops paying interest.
- Business
- BDC
- Listing
- LIEN · XNAS
- Reporting period
- 2026-06-30
- Dividend schedule
- Quarterly
How the business works
The company’s distribution engine begins with interest collected on its loans and other income-producing investments. Net investment income is available for distributions after interest expense, management fees, incentive fees, and other operating costs. Portfolio growth can expand income if new investments are made at attractive yields and funded prudently. Conversely, non-accrual loans, restructurings, lower market yields, higher borrowing costs, repayment of higher-yielding loans, or realized losses can reduce the cash-generating capacity of the portfolio.
Chicago Atlantic BDC, Inc.: 10-Q supporting reported earnings