Our Product
A Modern Take on Asset-Based Lending
A flexible line of credit with Dwight means leveraging your company’s assets to fuel growth — all while retaining equity. Plus, tech-enabled processes allow our team to focus on our partnership with you, making us the most efficient and founder-friendly funding option out there.
How We Compare
We’ve built a team and process that serve the demands of a rapidly scaling business by reducing the hassle of ongoing reporting and adding a partnership element similar to that of an equity partner. See how we compare to the other lending options out there.
- Highly flexible funding
- Cost effective and non-dilutive
- Quick turnaround
- Specialization in your industry
- Reliable and accessible team
- Transparent and direct
- Built for loss-making & profitable businesses
- No personal guarantees
- Relatively low cost
- Covenants
- Unspecialized
- Confusing jargon
- Slow decision-making process
- Not always available to loss-making businesses
- Inflexible standards and restrictions
- Highly flexible funding
- Cost effective and non-dilutive
- Quick turnaround
- Specialization in your industry
- Reliable and accessible team
- Transparent and direct
- Built for loss-making & profitable businesses
- No personal guarantees
- More cash upfront
- Unnecessary interest from front-loaded funding
- Dilutive warrants and often heavy covenants
- Eventual amortization puts you in a cash crunch
- Working capital swings will eat into cash reserves
- Equity backing by top-tier funds required
- Highly flexible funding
- Cost effective and non-dilutive
- Quick turnaround
- Specialization in your industry
- Reliable and accessible team
- Transparent and direct
- Built for loss-making & profitable businesses
- No personal guarantees
- No personal guarantees
- Quick approvals
- Higher Cost
- Daily/Weekly debits
- No dedicated account manager
- Transactional (one time) loans
- Preference for smaller deals
- Not scalable as capital needs increase or evolve
- Highly flexible funding
- Cost effective and non-dilutive
- Quick turnaround
- Specialization in your industry
- Reliable and accessible team
- Transparent and direct
- Built for loss-making & profitable businesses
- No personal guarantees
What We Do
Our process is designed for you, from start to finish. When a business experiences rapid growth, working capital needs can arise at the drop of a hat. We’ll never leave you hanging, and a dedicated relationship manager will work with you to manage your line of credit and tackle inevitable challenges as your business takes off.
Line sizes between $250k and $15mm
A/R advance rates up to 85%
Covenant light and no personal guarantees
Our Process
Talk with the Team
Forget tedious paperwork and online applications. We want to learn about your company from you. We’ll start by discussing your business model and goals to figure out whether or not Dwight is a fit for your funding needs.
Discuss Terms
Next, we’ll discuss your specific funding structure. You’ll know exactly what to expect because our term sheet is easy to understand. There won’t be any hidden fees, and we’ll be there to answer any questions you have along the way.
Diligence and Funding
We go the extra mile to be transparent and efficient throughout the entire process. Our sheer experience and data-driven platforms mean we’ll be up to speed by the time we jump on our first due-diligence call, and you could have capital in-hand within 2 weeks.
Ongoing Partnership
After close, you’ll meet your experienced Relationship Manager who will make themselves available to answer questions, manage requests, offer valuable insights and make relevant introductions. Additionally, our tech-enabled processes take the stress out of reporting, so you can focus on operating your business.
Our Typical Profile
We’re best positioned to champion the vision and offer support to brands in this stage.
At least 6 months in business
Revenue from $3mm up to $100mm
Loss-making or profitable
Equity-backed or bootstrapped
Minimum asset value of $500k in A/R or $1mm in inventory
As Hella Cocktail Co. continues to grow, it's comforting to work with a lender that is as reliable, knowledgeable and flexible as Dwight Funding. It takes a weight off our shoulders knowing that our lender will be receptive & agile when we need it most.
Jomaree Pinkard
CEO & Co-Founder, Hella Cocktails
Want to learn more?
Don’t hesitate to reach out; we look forward to working with you!