$10MM Factoring Facility Supports National Retail Private Label Launch

THE SITUATION
Advantage was introduced to a company through a trusted private equity referral source. The client secured a significant opportunity: a private label project in partnership with a major national retailer. They needed a financial solution to bridge the gap between production and payment, ensuring seamless execution of this nationwide initiative.

THE LEADERSHIP
At Advantage, one of our top criteria for any partnership is the strength of the owners or leadership. In this case, while the company was technically a startup, its foundation was exceptionally strong due to the decades of industry experience of its two founders. This expertise was evident during underwriting. They had proactively identified, eliminated or significantly mitigated potential risks across their supply chain.

THE SOLUTION
From the initial conversation, the $10 million factoring facility received final approval in four weeks. This swift execution gave the client confidence in their liquidity to fund production, manage inventory and cover operational expenses tied to the national launch. The rollout has just begun and if everything proceeds as planned, the company may need a line increase before year-end to support its growth.