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home / news releases / HCAP - 6 Reasons Not To Invest In Harvest Capital

HCAP - 6 Reasons Not To Invest In Harvest Capital

Harvest Capital Credit Corporation
  • Harvest Capital's portfolio is in shambles, as its portfolio companies alternate in and out of default, receiving cash injections, refinancing and credit amendments.
  • Joseph Andrew Jolson, the company's Chairman/CEO/Co-Founder, has a disappointing track record running investment companies.
  • The company lenders are refusing to extend the revolving credit facility beyond the maturity date. If Harvest Capital doesn't find an alternative source of funds, its operations will suffer.
  • Sloppy investment screening, unprofitable refinancing, and shoddy collaterals are all reasons for investors to stay away.

For further details see:

6 Reasons Not To Invest In Harvest Capital
Stock Information
Company Name: Harvest Capital Credit Corporation
Stock Symbol: HCAP
Market: NASDAQ
Website: harvestcapitalcredit.com
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