Archway FinCo committed to a $22.5 million asset-based credit facility to support the continued growth of Gloves.com, operating under Tradex, a distributor of disposable gloves, personal protective equipment and food service consumables.
The facility consists of a $1.5 million term loan and a $21 million revolving line of credit, providing flexible working capital to support rising inventory needs and accelerating demand across Gloves.com and its family of companies.
“As demand continues to scale across Gloves.com and our family of companies, this expanded facility provides flexible, asset-based capital to support higher inventory volumes and accelerate our growth initiatives in 2026,” Eric Phipps, chief operating officer for Tradex, said. “It complements our long-term strategic backing and positions our business to move faster as opportunities arise. We are thrilled to have a partner in Archway that understands our vision and focus to continue being recognized as an industry leader in disposable gloves, personal protective equipment and food service consumables.”
David Phillips, who originated the relationship with Tradex on behalf of Archway, said, “This is a demonstration of how Archway values partnerships with those it funds. Our goal is to provide capital that aligns with the business and supports long-term growth.”
Andy McGhee, CEO of Archway FinCo, added, “We’re excited to fund Gloves.com as they continue to grow in the market. They fit what Archway is doing, providing capital in a way that is strategic, flexible and built on strong relationships.”
