Lighthouse Financial completed a $4.25 million credit facility for a South Carolina-based manufacturer and distributor of ISO-certified soundproofing components, adhesives, custom manufacturing safety insulation and custom packing and shipping materials. The company is a veteran-owned business with experience in the automotive, packaging and textile industries.

The company’s growth led to working capital needs that its current bank could not support. Lighthouse was able to provide a line of credit against accounts receivable and inventory along with a term loan that paid off the existing lender and provided additional liquidity to support new growth.