Arctix

Parameters

$38MM Working Capital Finance

Situation

Alpha 6 Distributions, creator of the outdoor apparel brand Arctix, was looking for additional capital to support the working capital needs of their rapidly growing brand.

Tiger’s Role

Tiger has a deep understanding of the seasonal nature and predictability of winter sports apparel and cash flows. Tiger is also well versed in Amazon marketplace lending and collateral monitoring. The Merchant wanted a partner that could help provide additional insights regarding the heath of the Company’s working capital, and Tiger Finance was a natural partner.

Resolution

As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance to provide an additional $15.2 million in growth capital for the Company, based in Locust Valley, NY. Tiger’s contribution brings the total credit facility to $38 million.