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Aurous helped an apparel and accessories licensee of a global athleticwear brand with a maxed-out ABL line and zero inventory availability to increase their AR and lower their inventory exposure. This enabled the ABL to increase their $25MM line to approximately $35MM.
The brand, featured on Shark Tank, approached Aurous with stacked MCA debt that dissuaded other lenders from financing them.
Aurous was able to find comfort with the client's needs, despite complexity related to MOQs and just-in-time replenishment orders.