Designer and Distributor of Home Decor – NC

LIGHTHOUSE DESIGNS AGGRESSIVE WORKING CAPITAL SOLUTION

The company experienced revenue decline during the Covid-19 pandemic as a result of retail store closures followed by supply chain challenges. As a result, efforts were enacted to increase B2C sales and add efficiencies to the business. The company and its private equity backers were looking for a lending partner that could help them navigate through the current challenges caused by inflation and higher interest rates which has dampened consumer discretionary spending. Lighthouse structured an aggressive line of credit secured by accounts receivable and inventory to support the business as it returns to profitable growth.