NEW YORK – JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth women-led and natural products companies, today announced the closing of a line of credit to a woman-owned, children’s furnishings and toy company. The company will use the funds to continue to innovate and expand its diverse line of parent-loved products. JPC is focused on ensuring that over half of its portfolio consists of women-led companies as part of its mission to make financing more equitable.
“We were immediately impressed by the company’s long-term growth strategy and we knew we were the perfect financial partner to support their efforts to expand into new categories,” said Jennifer Palmer, Founder and CEO of JPalmer Collective. “The company’s brand positioning which believes that happiness starts at home and brings families closer together, resonated with me as a mother of four daughters.”
The children’s furnishings and toy company needed to exit its previous bank financing partner relationship as its financing terms were too restrictive. Looking to grow into new categories and build inventory, the company selected JPC for its stellar reputation as a flexible lender who supports women-owned firms, enabling them to ramp up inventory and accelerate sales.
