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Dwight Funding Adds Three New CPG Brands to Portfolio

November 15, 2023, 07:05 AM

Dwight Funding announced three new asset-based loans in its Consumer Products portfolio. These transactions showcase Dwight's ability to provide robust support for private equity backed brands of various sizes amid changing market and liquidity conditions.

Summary of Recent Transactions:

  • $5,000,000 Asset-Based Loan for OTC Medicine and Supplements Brand: With a line secured by accounts receivables (“A/R”) and finished goods inventory, this high-growth health & wellness company will allocate funds toward research & development and expanding to new product categories.
  • $2,500,000 Credit Facility for Color Cosmetics Brand: Leveraging finished goods inventory and A/R, the cosmetics business will direct its line of credit toward inventory production ahead of the peak selling season.
  • $1,000,000 Line of Credit for Frozen Food Manufacturer: With a credit facility backed by A/R, the rapidly scaling food brand's capital infusion will facilitate distribution to new regions nationwide through new and existing wholesale partnerships.

Ben Brachot, Co-founder of Dwight Funding, commented on the firm’s significant growth this year to date, stating, “We have seen a nearly 70% uptick in the portfolio. We credit much of that growth to our track record and close partnerships, supporting leading growth equity and VC partners as well as the founders and brands they back.”







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