$5m ABL facility takes US manufacturer and distributor to new heights

nFusion Capital, a provider of financing solutions to small and middle-market businesses, has delivered a US$5 million asset-based lending (ABL) facility to a Denver-based manufacturer and distributor of smoking accessories, helping fuel the company’s next phase of growth.

The vertically integrated lifestyle brand, founded in 2017, designs and distributes organisational rolling trays, papers, filters and premium lifestyle goods. Known for its design-forward products and strong brand identity, particularly its focus on a previously underserved female demographic, the company has built a loyal following across dispensaries, tobacco retailers, smoke shops and direct-to-consumer e-commerce channels.

As demand accelerated, the business sought a financing partner that could support long-term scaling. Ongoing federal regulations and banking constraints affecting the cannabis ecosystem have placed working capital pressure on distributors, prompting the company to extend longer payment terms to key customers. At the same time, the business required additional capital to install a new proprietary production line at its Denver facility, onshoring a critical manufacturing process previously handled overseas.

nFusion Capital structured the US$5 million ABL facility to provide immediate liquidity while also funding investment in the company’s manufacturing technology.

“This transaction reflects nFusion’s ability to support both operational growth and technological innovation that brings this process back from labour-intensive overseas production. It’s extraordinary to be working with such innovative entrepreneurs, and I can’t wait to see what the future brings.”

With the new facility in place, the company is positioned to strengthen relationships with its largest customers, improve cash-flow predictability, and accelerate the launch of its new production line, laying the groundwork for continued domestic and international growth.

“I’m personally thrilled to be working with nFusion Capital,” said the company’s founder and CEO. “They provided the smart financial backing we needed to scale globally and keep innovating. Thank you to Jesse Baer for his sharp vision and leadership, and to nFusion’s Jennifer Mendoza and Anthony Fortunato for their expertise, professionalism and genuine support that made this partnership seamless and powerful. nFusion truly understands growth in this space and delivers results.”