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Home Deal Announcements

Dwight Funding Deploys $250MM Across Consumer Brand Portfolio

byBrianna Wilson
November 13, 2024
in Deal Announcements

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_
_x000D_
Recent transactions include:_x000D_

    _x000D_

  • A $15 million senior secured facility for a bootstrapped travel accessories manufacturer, backed by inventory held in the United States, Canada and Mexico
  • _x000D_

  • A $3 million revolving credit facility for a fast-growing beverage brand with institutional investors and celebrity backing
  • _x000D_

  • A $2 million line of credit for an emerging specialty food subsidiary of a global brand
  • _x000D_

_x000D_
“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.”

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