Distributor of Lifestyle Apparel – TN
Distributor of Lifestyle Apparel
$3,750,000
Revolving Line of Credit
Tennessee
About This Deal
LIGHTHOUSE AGGRESIVELY LEVERAGES INVENTORY TO CREATE LIQUIDITY
This TN based designer, importer, and distributor of lifestyle apparel needed a more traditional line of credit to support it’s current and projected growth. Given the existing challenges in the Asian supply chain, the company also wanted to get ahead of any potential supply issues by importing product for several selling seasons. Lighthouse was able to support this strategy with an aggressive inventory loan structure in conjunction with the accounts receivable allowing the overall loan to be inventory heavy during this and future, seasonal inventory build-ups while also advancing against in-transit inventory.