Dwight Funding, a working capital provider for growth-stage consumer product and eCommerce brands, partnered with several new portfolio companies across various categories in CPG. Examples of recent deals include:
- A $15 million line of credit to a beauty and personal care brand celebrated for its science-backed skincare products. This funding, backed by the business’s accounts receivable and finished goods inventory, will enable the brand to expand its product lines and scale its operations to meet increasing consumer demand.
- A $5 million line of credit to a ready-to-drink coffee brand. This capital infusion will aid in managing inventory needs and accelerating the brand’s expansion plans as it continues to gain traction in the beverage market.
- A $2.5 million revolver to a women’s apparel brand. The line of credit provided by Dwight will support the brand’s inventory management and growth strategies, ensuring the company can meet the needs of its expanding customer base.
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“We prioritize frequent and transparent communication with our clients, ensuring they have the best possible experience working with us as opposed to focusing on volume,” Ben Brachot, co-founder and managing director of Dwight Funding, said. “It’s that relationship-based approach that drives the growth of our portfolio. Founders are appreciating the value of establishing a true partnership with their lender, especially with equity providers being increasingly selective in consumer.”
