Lighthouse Provides $2,750,000 Credit Facility to New Jersey-Based Manufacturer & Distributor of Plant-Based Pest Repellants

Lighthouse Financial Corp. is pleased to announce the completion of a $2,750,000 revolving line of credit to a New Jersey-based manufacturer and distributor of all-natural pest repellants. The company's passion is creating plant-based pest control products that offer uncompromised product performance and are safe for your family and the planet.

Due to balance sheet leverage, the existing bank would not increase the company's line of credit to support growth and suggested the company seek alternative financing. Lighthouse structured an aggressive line of credit secured by accounts receivable and inventory that not only paid out the bank completely but provided significant additional liquidity.

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