Lighthouse Financial Corp. is pleased to announce the completion of a $5,000,000 Credit Facility to a North Carolina based home décor distributor. Backed by Private Equity, the company is a leading designer, importer and distributor of branded, high value textile and non-textile products to thousands of retailers across North America.

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.

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