Stellus Capital Investment Corporation operates as an externally managed business development company that specializes in providing customized debt and equity financing solutions to private middle-market companies across North America. The firm primarily targets growing enterprises with robust operational cash flows, deploying capital through first lien debt, second lien debt, unitranche financing, and co-investments. By partnering with private equity sponsors, Stellus Capital generates current income and capital appreciation, passing those earnings down to public shareholders via high-yield monthly distributions.