1st Commercial Credit Provides $10 Million Boost to Mobile Accessories Importer
New York, Monday, 3 November 2025.
1st Commercial Credit offers a $10 million sales ledger line to a private equity-owned company to enhance growth and liquidity without diluting equity.
Strategic Financial Move
On Monday, 3 November 2025, 1st Commercial Credit announced a strategic financial initiative to support a private equity-owned company that specializes in importing mobile accessories. This move involves providing a $10 million sales ledger line of credit, a decision aimed at facilitating non-dilutive working capital to foster growth and manage liquidity needs effectively [1].
Bridging the Funding Gap
The initiative is designed to bridge the funding gap for middle-market firms operating within the asset-based lending (ABL) sector, specifically targeting entities with asset requirements ranging from $3 million to $20 million. By offering advance rates up to 90% of monthly accounts receivable, 1st Commercial Credit provides these firms with necessary liquidity directly from their receivables ledger [1].
Enhancing Operational Capabilities
This funding strategy allows the mobile accessories importer to manage seasonal cash flow, strengthen supplier relationships, and expand operational capabilities without the need for covenant-heavy bank debt or ownership dilution. According to Raul Esqueda, President of 1st Commercial Credit, their program is tailored to meet the needs of companies seeking scalable working capital solutions [1].
Positive Market Implications
This financial move positions 1st Commercial Credit as a pivotal player in the ABL market, reinforcing its mission to provide reliable, non-dilutive financing options for private equity sponsors. By successfully implementing this $10 million sales ledger line, the company demonstrates its commitment to supporting the dynamic growth and liquidity needs of middle-market businesses in a competitive landscape [1].