Gerber Finance Provides $5MM Line of Credit to French Transit

Natural products company French Transit expands further with financing from Naturally Gerber Finance division

Gerber Finance, an eCapital company and leading finance partner for companies experiencing accelerated growth, today announced the closing of a $5MM line of credit to French Transit, parent company of MyChelle Dermaceuticals, Crystal Deodorant, and Luster Premium White. The new funding will support French Transit’s continued expansion of their health and skincare portfolio. The deal was managed under the Naturally Gerber Finance division, which works with companies within the fast-growing natural products space, from clean label, organic and non-GMO products, to sustainable design and packaging. 

“Gerber Finance has deep expertise in the consumer products industry, understands the complexities of our business, and can adjust to our needs as we expand,” said John Samoya, CFO of French Transit. “We’ve worked with Gerber previously, and they were extremely supportive and creative in structuring financing, so they were the obvious choice when we needed financing for these companies.”

“With our personalized approach to financing and people-first team, we place an immense importance on cultivating relationships with our clients, and we’re thrilled to partner with this management team again,” said Jennifer Palmer, CEO of Gerber Finance. “We're excited to see French Transit’s continued growth with this new round of funding.”  

Gerber launched its Naturally Gerber Finance division in 2020 to serve the needs of its growing base of natural products companies in its portfolio. The team has funded over dozens of natural products companies including Stasher, Coola, and Om Mushroom Superfood.

About Gerber Finance  

Gerber Finance its the leading financing partner for companies experiencing accelerated growth. Its asset-based lending (ABL) structure allows companies to retain equity while driving sustainable profit. The company's flexibility, care, and tailored structures make them an ideal partner for companies with seasonality in their business. Gerber Finance is an eCapital Corp., company. For more information, please visit: https://www.gerberfinance.com/.  

About eCapital Corp.

eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, and asset-based lending. Through its Commercial Finance and Freight Factoring divisions and its portfolio companies Advantedge Commercial Finance Ltd. and Gerber Finance, Inc., eCapital offers capital solutions to a broad set of industries. Based in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit eCapital.com.