JPalmer Collective (JPC), an asset-based lending firm supporting fast-growing, women-led and natural products companies, today announced the successful syndication of a $135 million credit facility led by Texas Capital and Dime Community Bank.
The expanded facility positions JPC to accelerate portfolio growth and meet increasing demand for flexible, customized financing solutions for high-growth brands, particularly those founded and/or led by women. Launched in 2023, JPC has experienced substantial momentum over the last three years, closing more than twenty deals in the last twelve months alone.
“This syndication represents a key milestone for JPalmer Collective and reflects the strength of our platform as we expand our support for high-growth companies,” said Jennifer Palmer, Founder and CEO of JPalmer Collective. “Texas Capital has been a trusted collaborator from day one, bringing a deep understanding of our business and a shared commitment to our long-term growth. We’re also proud to partner with Dime, Forbright Bank and Cambridge Savings Bank, all of which participated based on our long-standing relationships, as well as our results.”
The increased capacity will enable JPC to deploy additional capital to its expanding pipeline of high-growth companies, particularly those that fall outside traditional lending criteria and benefit from JPC’s consultative, white-glove approach.
Steven Katz, managing director, Commercial Lender Finance at Texas Capital, commented “JPalmer Collective has established itself as a differentiated platform in the asset-based lending space, and we are proud to continue supporting their growth and to work with a firm that is delivering meaningful impact for its clients.”
