New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth
June 12, 2024
Source: Dwight Funding
New York, NY - [6/12/24] - Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG. With its specialized approach, Dwight continues to attract top-tier brands in Beauty, Food & Beverage, Apparel, and General Consumer sectors, offering reliable cash flow solutions to support long-term growth. Examples of recent deals include:
- A $15MM line of credit to a renowned beauty and personal care brand celebrated for its science-backed skincare products. This funding, backed by the business’s accounts receivable and finished goods inventory, will enable the brand to expand its product lines and scale its operations to meet increasing consumer demand.
- A $5MM line of credit to a viral, ready-to-drink coffee brand known for its cult-like following and innovative marketing strategies. This capital infusion will aid in managing inventory needs and accelerating the brand's expansion plans as it continues to gain traction in the beverage market.
- A $2.5MM revolver to a distinguished women’s apparel brand known for its strong eCommerce and retail channels. The line of credit provided by Dwight will support the brand's inventory management and growth strategies, ensuring they can meet the needs of their expanding customer base.
"We prioritize frequent and transparent communication with our clients, ensuring they have the best possible experience working with us as opposed to focusing on volume," said Ben Brachot, Co-Founder and Managing Director of Dwight Funding. "It’s that relationship-based approach that drives the growth of our portfolio. Founders are appreciating the value of establishing a true partnership with their lender, especially with equity providers being increasingly selective in consumer.”
Dwight Funding’s client-centric approach and tailored working capital solutions empower brands to achieve their growth objectives. By providing flexible financing solutions and building strong relationships with founders, Dwight has become the go-to partner for businesses seeking growth capital.
For more information about Dwight Funding and its comprehensive range of tailored working capital solutions, please visit www.dwightfunding.com.
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