nFusion Capital provided a $750,000 factoring facility to a growing consumer products company specializing in non-toxic, plant-powered home cleaning and fragrance solutions.
As it grew, the company began working with national and regional retail distribution partners such as Amazon, Walmart, Whole Foods and Target in recent years. Most recently, the company had an opportunity to expand sales further through new contracts with TJ Maxx and Kroger. Still, it needed additional funding to build inventory levels to meet expected demand.
Referred by its bank lender, the company turned to nFusion Capital to provide the liquidity required to fulfill new orders and continue executing the company’s strategic expansion plans.
“In today’s environmentally conscious market, we are proud to support a company on its growth journey that produces Green Seal-certified products,” Alexandra S. Scoggin, senior executive vice president of nFusion Capital, said. “Not only are we supporting their vision, but we are also contributing to a more sustainable future for the communities we serve.”
