Equus Total Return, Inc. functions as a Business Development Company (BDC), primarily engaged in supplying capital to small and mid-sized businesses. The firm's investment approach is comprehensive, covering leveraged and management buyouts, corporate partnerships, joint ventures, growth and expansion funding, acquisition financing, roll-up strategies, operational restructuring, and recapitalizations of existing companies, as well as special situations. Equus often takes on the role of a lead investor.