Aurous Financial Increases PO Funding Line to $12.5MM for Official Licensee of Pro Sports Apparel
Our client first came to us in 2023, looking for Aurous to address their existing lenders’ concerns about inventory and supply chain issues with their factories and retailers.
Aurous successfully funded and delivered an $8.5MM facility to address their needs in 2024, which enabled the successful retirement of their inventory line. Our support further corrected the standing of the borrower with their AR lender, keeping them in formula throughout the engagement.
We have now approved an increased $12.5MM PO funding line for 2025.
Aurous’s transactionally-modeled support throughout 2024 gave retailers, suppliers and AR lenders the confidence that the client could execute as required and perform without concerns about their financial wherewithal.
Deliveries were on-time and retailers enjoyed high sales performance through these timely deliveries.
Aurous is here to help activate growth through its supply chain financing. If you’d like to discuss an opportunity, please reach out to:
Josh Sirchio
Head of Revenue
(203) 536-0825