Easy Ice and Saratoga Investment Corp.

October 2017

Madison Capital Funding closed a $29,000,000 senior debt facility to finance the Recapitalization of Easy Ice, LLC by Saratoga Investment Corp., as the lender announced. Madison Capital Funding is the Administrative Agent. Further terms were not disclosed.

Easy Ice, LLC is a national company offering a comprehensive subscription service for commercial ice machines that includes equipment, repairs, preventative maintenance and more.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested over $26.7 billion in over 1010 middle market transactions with more than 275 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein. MCF #1752327