Aurous Financial Closes $1.5MM PO Finance Facility for Specialty Haircare Product ​

Aurous Financial has closed a $1.5MM facility for a specialty haircare product, sold at multiple major retailers.

The brand, featured on Shark Tank, approached Aurous with stacked MCA debt that dissuaded other lenders from financing them. Aurous brought in an AR lending partner to facilitate its exit and modeled a path out of the MCA debt via the client’s open AR and open orders, and converted them into a single note with an SBA line. 

The brand is performing across all customers and expects to call on Aurous for another $1.5MM in trade and production financing in the next three months.

If you or your client is facing complex challenges in your supply chain, reach out:

Josh Sirchio
Head of Revenue
(323) 807-8122
josh@aurousfinancial.com