Dwight Funding provided a $5 million credit facility to new client, I and Love and You, a pet food company based in Boulder, CO.
The company needed a flexible debt facility with no covenants as they expand distribution into additional retailers throughout the country, as well as launch new product lines.
Proceeds from the facility will be used to fund working capital and growth opportunities.
I and Love and You’s CFO Tom Spielberger said, “Dwight Funding has provided a tailored solution to support our working capital needs, allowing us to focus on executing our growth plans. Dwight Funding’s knowledge of our customers and industry along with their ability to scale with us made them the perfect fit. The process was seamless and we look forward to growing our partnership with the Dwight team.”
“We are happy to be working with a brand that has such a strong message. I and Love and You’s growth has been tremendous and their commitment to quality has made them a leader in their space. We could not be more excited to be a part of the I and Love and You story,” said Ben Brachot, managing director at Dwight Funding.
Dwight Funding provides working capital solutions and lines of credit to early and growth stage businesses, with products structured to work alongside seed or private equity funding by covering the working capital needs of e-commerce, food and beverage and general CPG companies.
