BRC Group Holdings, Inc. (NASDAQ: RILY) announced March 30 the launch of BRC Specialty Finance, a platform targeting short- and medium-term capital needs of U.S. public companies with market capitalizations under $1 billion.

The specialty finance platform will provide flexible financing solutions ranging from $10 million to $100 million to companies the firm describes as underserved by traditional lenders. BRCSF focuses on businesses that retain enterprise value, public market access, and identifiable catalysts.

"Small- and middle-market public companies need flexible, timely capital and a partner that understands both the credit profile and the equity story," said Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings.

The platform offers structured equity loans, bridge loans, special situations credit, and direct lending. According to the company, BRCSF structures financing around each borrower's capital structure, liquidity profile, and strategic objectives rather than applying standardized direct lending approaches.

Riley noted that banks continue to reduce exposure to smaller issuers while regional lenders consolidate and private credit providers increasingly focus on larger borrowers. The company positions this environment as creating opportunity for platforms that can move quickly and provide both capital and market expertise.

BRC Group Holdings operates as a diversified holding company with businesses spanning financial services, communications, and retail, along with investments in equity, debt and venture capital. The company's core financial services platform provides customized solutions to small cap and middle market companies.