Lighthouse Provides $3,750,000 Credit Facility to TN-based Designer & Distributor of Lifestyle Apparel

Lighthouse Financial Corp. is pleased to announce the completion of a $3,750,000 Credit Facility for a Tennessee based designer and distributor of lifestyle apparel. The company prides itself on bridging the gap between lifestyle and performance with a constant eye on ultimate style and quality.

The company experienced significant growth in 2021 and needed a more traditional working capital line of credit. Lighthouse structured an aggressive revolving line of credit against both accounts receivable and inventory that not only paid out the existing lender but created a significant amount of additional liquidity. By including in-transit inventory on the borrowing base, Lighthouse maximized availability helping the company stay ahead of the prevailing supply chain issues currently plaguing most importers.

For more information about this transaction and others, please visit our website at www.lighthousefinancial.net.