Industry Changing Dame Products Secures Financing From Dealstruck

San Diego, CA, July 29, 2016 (Newswire.com) - ​​​​​​​San Diego, CA, July 25, 2016 (Newswire) -​Dame Products, the headline grabbing game changer in the "intimacy products" world, has secured financing from online lender Dealstruck.  Founded by two Millennials,  Janet Lieberman and Alexandra Fine, Dame Products aims to help women achieve more satisfaction in the bedroom through clever design and quality materials.  Their Eva product is a breakthrough in the personal toy category and has been widely lauded by national media outlets.

Though the company was seeing meteoric growth, cash tended to get tight when it was time to purchase inventory. The company sought to secure a line of credit to even out the ups and downs of cash flow inherent to a retail business.  To their surprise, Janet and Alex ran into trouble when applying for SBA funding, as their product was considered "indecent" and therefore ineligible for a government backed loan.  

"We don't pass judgment on our borrowers, and we certainly believe in Dame Products. They will be a huge success and we are proud to be a part of their growth strategy."

Ethan Senturia, Dealstruck CEO

Fortunately, they found Dealstruck, a direct lender that specializes in helping growing, profitable companies secure business loans when banks are unable or unwilling to do so. "Dealstruck passes no judgment on our customers or their businesses.  When they are legal and legitimate, we are more than happy to work with them.  And in the case of Dame Products, we believed in Janet and Alex from the start; their passion and enthusiasm are undeniable and we are thrilled to be part of their business journey," says Ethan Senturia, Dealstruck CEO, "They are definitely women to watch."

The revolving inventory based line of credit gives Dame Products the flexibility to draw funds when needed and normalize cash flow.  It was just what the doctor ordered.  According to Janet, she "would tell anybody with an inventory based business to check out Dealstruck. It’s the only product out there if your problem is cash flow due to inventory. You need an inventory credit line.”  

Dealstruck salutes these daring businesswomen and their quest to make the world a happier place.

About Dealstruck  Dealstruck is a leading online direct lender and the first to offer multiple products -- including flexible term loans and multiple line of credit solutions -- to small- and medium-sized business (SMB) owners. With a mission to provide growing SMBs with access to capital that is unique, appropriate and affordable with honesty and transparency. 

​About Dame Products  Dame Products was founded by smart women with the purpose of making phenomenal sex toys. Our continuing mission: to heighten intimacy, to design well-engineered sex toys, and to openly empower the sexual experiences of womankind.  

Source: Dealstruck