Daily News: August 8, 2019

Dwight Funding Closes $17.5MM in Second Quarter

Dwight Funding completed new transactions totaling $17.5 million in Q2/19.

Three transactions of note include a $4 million asset-based loan to a direct-to-consumer e-commerce retailer, a $3 million line of credit to a distributor of frozen food products, and a $3 million line of credit to a private equity backed manufacturing company.

Dwight Funding is an asset-based lender that provides lower middle market businesses with revolving lines of credit ranging from $1 million to $5 million.