Skylight secures a $75 million credit facility, including $25 million in new funding from SG Credit Partners and Wingspire Capital, to drive product innovation and broader market expansion.
Skylight expanded its credit facility to $75 million, providing capital to fund new products and expansion.
SG Credit Partners is a lender providing part of the expanded credit facility to Skylight.
Wingspire Capital is a lender providing part of the expanded credit facility to Skylight.
Skylight has expanded its credit facility to $75 million, bolstered by a fresh $25 million infusion from lenders SG Credit Partners and Wingspire Capital. The company plans to deploy the additional capital to accelerate the development of new product lines for households and expand its market reach.
Skylight intends to use the capital to fund new product development for kids, parents, and households, while simultaneously expanding its market presence.