Texas Capital Serves as Financial Advisor to JPalmer Collective on $72MM Capital Raise

JPalmer Collective (JPC), an asset-based lending company committed to funding women-led and natural products companies, completed a series of transactions raising $72 million in gross proceeds. The raise will accelerate JPC’s growth trajectory and fund new loans to JPC borrower clients._x000D_
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The capital raise consists of a combination of financing including a senior revolving credit facility provided by Texas Capital Bank, a mezzanine credit facility from a New York-based institutional alternative asset manager and an infusion of common equity._x000D_
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Texas Capital Securities acted as the exclusive strategic and financial advisor to JPalmer in connection with the capital raise._x000D_
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“We’ve built incredible momentum over the first 18 months, and this capital raise will allow us to expand our portfolio and support innovative companies that are poised to make a significant impact in their industries, as well as continue our commitment to making financing more inclusive and meaningful,” Jennifer Palmer, founder and CEO of JPC, said. “We are fortunate to have great partners in this raise. We chose Texas Capital Bank as our bank due to our longstanding relationship with key management and their commitment to partnering with lenders. Texas Capital Securities crafted this sophisticated deal, and we are incredibly impressed by the team’s expertise and professionalism.”