Assembled Brands announced $27MM in new facilities during the summer months of 2022. Dispersed to emerging consumer goods brands from various industries, the funds support growth opportunities, improve inventory positions and relieve some of the capital constraints many businesses face in a tumultuous market this year.

New facilities were procured by businesses from multiple industries, some of which include GiftTree, Wildfang, Piloti Shoes, Goodlife Clothing, and others. By leveraging their accounts receivable and inventory to support loan facilities, each brand received asset-based lines between $1MM to $4MM. With the extra funds, Assembled Brands is supporting the companies’ revenue and growth, as well as enhancing each company’s liquidity.

Besides new loan facilities, the lender also saw $7MM in increases to existing portfolio credit facilities, further raising the total of funds made available to emerging businesses in the consumer goods space.

“By taking the time to truly understand the industries of the companies we lend to, we were able to tailor our capital solutions to their needs and offer creative solutions to each one of them, ultimately earning their trust,” said Jeff Mangiafico, Vice President of Origination at Assembled Brands.

Assembled Brands was founded on a desire to help growing brands finance their growth through revolving lines of credit supported by inventory, receivables and purchase orders.