MASHINIi

Logan Ridge Finance Corporation.

LRFC.US | Trusts, funds and similar financial entities

Logan Ridge Finance Corporation is a non-diversified closed-end investment company that operates as a business development company (BDC). Its investment objective is to maximize its portfolio's total return by generating current income from debt and equity investments. The company primarily invests ...Show More

Ethical Profile

Mixed.

Logan Ridge Finance Corporation (LRFC) presents a mixed ethical profile. The company faced scrutiny for failing to qualify as a Regulated Investment Company (RIC) from 2020-2022 due to allegedly inaccurate portfolio company information, leading to C-Corp tax treatment. A material weakness in internal controls related to RIC qualification was identified in 2023. While LRFC maintains a Code of Business Conduct and Ethics, Corporate Governance, Insider Trading, Sarbanes-Oxley, and Whistleblower policies, critics point to its investments in sectors including aerospace and defense as a potential concern regarding the "No War, No Weapons" value. Data on other ethical areas like fair pay, environmental impact, or community respect remains largely unavailable.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-50
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

Logan Ridge Finance Corporation (LRFC) is a business development company focused on providing financing solutions to middle-market companies.

1
Its core business involves financial investments, such as debt and equity, which do not directly relate to health-specific products, services, or operations.
2
The provided articles detail financial performance and a general ESG policy, but offer no evidence of direct health impacts, health-related R&D, safety records for health products, health equity programs, or any other activities relevant to the 'Better Health for All' value. Therefore, all KPIs are deemed not applicable to the company's evidenced business model.

Fair Money & Economic Opportunity

0

No specific, concrete data points were found in the provided articles for Logan Ridge Finance Corporation (LRFC.US) that are relevant to any of the KPIs under the 'Fair Money & Economic Opportunity' value.

1
The articles primarily discuss general Business Development Company (BDC) market trends, financial performance metrics for the BDC sector, or investment activities of a different company (Crossroads Impact Corp).
2
Therefore, no KPIs can be scored based on the evidence provided.

Fair Pay & Worker Respect

0

No evidence available to assess Logan Ridge Finance Corporation on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Logan Ridge Finance Corporation on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-50

Logan Ridge Finance Corporation has a formal Whistleblower Policy and an ethics hotline, but there is no evidence of independent investigation processes, training, or effectiveness metrics.

1
The company has adopted a Code of Business Conduct and Ethics, which serves as an anti-corruption policy, but details on its specific guidance, enforcement, or training are not provided.
2

Kind to Animals

0

Logan Ridge Finance Corporation (LRFC.US) is a Business Development Company (BDC) that invests in other companies and does not directly engage in activities such as product manufacturing, animal testing, animal agriculture, or sourcing animal-derived products.

1
Therefore, all KPIs related to direct animal welfare practices, product certifications, testing, and supply chain ethics are not applicable to its core business model. While a third-party source lists LRFC.US with a 'No Animal Exploitation' designation, there is no evidence from the company itself regarding specific policies, actions, or investments related to animal welfare.
2

No War, No Weapons

0

No evidence available to assess Logan Ridge Finance Corporation on No War, No Weapons.

Planet-Friendly Business

0

No specific quantitative data or performance metrics related to planet-friendly business practices are available for Logan Ridge Finance Corporation (LRFC.US) in the provided articles.

1
The information primarily describes general ESG policies of its parent company, BC Partners, or explicitly states that data for LRFC.US is unavailable. No specific data on LRFC's environmental practices is presented.
2

Respect for Cultures & Communities

0

No evidence available to assess Logan Ridge Finance Corporation on Respect for Cultures & Communities.

Safe & Smart Tech

0

No data is available in the provided articles to assess LRFC.US against any of the 'Safe & Smart Tech' KPIs.

1
The articles explicitly state a lack of relevant information regarding data protection, cybersecurity, or AI practices, primarily consisting of SEC filing lists or indicating a 404 error for the requested content.
2

Zero Waste & Sustainable Products

0

No specific, quantitative data related to Logan Ridge Finance Corporation's (LRFC.US) waste management, sustainable products, or zero-waste practices is provided across the articles. The available information focuses on LRFC's adherence to BC Partners' general ESG policies and investment strategies, or on financial aspects like mergers, rather than LRFC's direct performance on zero waste and sustainable product metrics.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.