Hedaya Capital Provides $5 Million Facility to Hypergrowth Company
November 26, 2024 - The Hedaya Capital Group recently provided a $5 Million factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed electronic and novelty products in a hypergrowth phase. Though the company's backbone is electronics—such as headphones, speakers, and tech essentials—it has diversified into many different business lines, including personal care and beauty appliances. Adding to the Company’s hypergrowth is its brand portfolio of over 40 different licensed brands that are popular among retailers and consumers, such as Star Wars, Disney, Oreo, Cheetos®, NBA, WNBA, and Spider-Man to name just a few.
With so many variables contributing to its exponential growth, the Company needed the support of a factor who understood its business model and the unique needs of a company on the steep part of the growth curve. Previously partnered with a different factor, the Company’s founder researched the factoring industry and chose Hedaya Capital for its flexibility.
Hedaya Capital’s $5 Million facility gave the Company the runway to maximize cash flow and fund daily operations in a time of rapid change and exponential growth.
“Cash flow is crucial to the stage we are in and to sustain future growth; every dollar has to be spent wisely to maximize ROI. What is different about Hedaya’s funding versus other factors is that it allows us to operate with the flexibility we need and to pivot when needed.” – Firm founder
About The Hedaya Capital Group
Since 2003, The Hedaya Capital Group has been providing flexible financing solutions that enable companies to maximize growth and respond to transitional situations. As a family-owned and operated firm, we are deeply invested in the success of each of our clients. We work from a core of old world values where ethics have meaning and new world thinking where speed and flexibility ensure success. For more information, visit www.hedayacapital.com.