Dwight Funding, an asset-based lender specializing in growth-stage consumer brands, deployed $250 million of credit commitments year to date, including several multi-million-dollar facilities secured by assets held in the United States, Canada and Mexico._x000D_
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Recent transactions include:_x000D_
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- A $15 million senior secured facility for a bootstrapped travel accessories manufacturer, backed by inventory held in the United States, Canada and Mexico
- A $3 million revolving credit facility for a fast-growing beverage brand with institutional investors and celebrity backing
- A $2 million line of credit for an emerging specialty food subsidiary of a global brand
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“2024 has proven to be another busy year for Dwight,” Ben Brachot, co-founder of Dwight Funding, said. “Our investment in Atlas, our proprietary loan servicing platform, has significantly enhanced our ability to execute effectively across a high volume of business through smarter risk analysis and increased efficiency.”
