JPalmer Collective (JPC), an asset-based lending (ABL) firm focused on women-led and high-growth consumer brands, closed a $3.5 million asset-based line of credit to Pangaea, a global brand builder focused on creating innovative and disruptive personal care brands for modern consumers.
“Pangaea is building a portfolio of brands that are intentional, differentiated and designed for today’s global consumer,” Jennifer Palmer, founder and CEO of JPC, said. “Their focus on brand positioning and scalable infrastructure aligns well with how we support growing companies. Our flexible structure gives them the ability to access capital when it matters most, lower ongoing debt costs and stay focused on disciplined, sustainable growth.”
The financing will be used for working capital, to support continued growth and to refinance existing debt, providing Pangaea with increased flexibility as it scales inventory and expands its brands’ omnichannel footprint.
“Working with JPalmer Collective has been a true partnership,” Ingrid Jackel, CEO at Pangaea, said. “Their flexibility and understanding of how consumer brands grow globally made them the right fit for us. This financing gives us the room we need to scale responsibly while continuing to invest in the brands and products our customers love.”
