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May 2, 2023

Assembled Brands Closes $12MM in New Facilities in April

Assembled Brands is pleased to announce the closing of $12 million in new facilities for today’s top consumer brands during the month of April.

The new facilities are just one of the many ways we are committed to meeting the evolving needs of borrowers in the CPG industry. By addressing the working capital needs of traditionally underserved companies, Assembled Brands is aiming to revolutionize the world of emerging brands with flexible capital that powers the ecosystem of consumer goods like never before.

The funds made available include a $2MM facility for a female-founded intimates brand, another $2.5MM for a pro-athlete developed apparel brand, a $3.5MM facility for an innovative footwear brand, and $4MM to a beverage distributor company. We provided a total of $12 million in asset-based facilities, lending against domestic receivables as well as inventory, a resource brands can leverage to gain access to growth-fueling funds.

"We understand that borrowing, especially in times of economic uncertainty, can be stressful and time-consuming, and our goal is to make it as easy and straightforward as possible for our partners. With these facilities, fast-growing brands can feel confident about scaling their business safely by accessing the financial resources they need - without depleting their own cash," said Ethan Gersh, Director of Portfolio at Assembled Brands.

Assembled Brands takes pride in partnering with innovative, cutting-edge brands and consumer products-adjacent businesses such as distributors, manufacturers and third-party logistics companies.

Assembled Brands takes a long-term, hands-on approach to building enduring consumer companies from their inception and beyond. Learn more about our capital solutions here.