Dwight Funding Deploys $250MM Across Consumer Brand Portfolio
November 8, 2024
Source: Dwight Funding
New York, NY -- Dwight Funding ("Dwight"), an asset-based lender specializing in growth-stage consumer brands, has deployed $250 million of credit commitments year to date, including several multi-million dollar facilities secured by assets held in the United States, Canada, and Mexico.
Recent transactions include:
- A $15 million senior secured facility for a bootstrapped travel accessories manufacturer, backed by inventory held in the United States, Canada, and Mexico
- A $3 million revolving credit facility for a fast-growing beverage brand with institutional investors and celebrity backing
- A $2 million line of credit for an emerging specialty food subsidiary of a global brand
"2024 has proven to be another busy year for Dwight," said Ben Brachot, Co-Founder. "Our investment in Atlas, our proprietary loan servicing platform, has significantly enhanced our ability to execute effectively across a high volume of business through smarter risk analysis and increased efficiency."
Building on its experience in the consumer goods sector, Dwight continues to expand its product offerings and sector coverage while maintaining the strong credit culture and flexibility that has differentiated the firm to date.
For more information about Dwight Funding's working capital solutions, please visit www.dwightfunding.com.
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About Dwight Funding
Dwight Funding has reimagined asset-based lending for today’s high-potential growth stage businesses. Dwight’ deeply experienced team, proprietary technology and analytics, and streamlined approach drive better outcomes for its partners. With a proven track record of exceptional outcomes and a reputation for integrity, Dwight is more than just a lender. It is a reliable, long-term partner that provides the right funding options to serve the realities of today’s businesses
Dwight's asset-based lines of credit and equipment term loans range from $1MM-$15MM and are secured by assets including Accounts Receivables, Inventory, and Equipment. These financial solutions are designed to propel companies from their inception through to maturity or an exit.