Texas Capital Bancshares, Inc. (TCBI) announced it will serve as the lead arranger for a $135 million syndicated credit facility for JPalmer Collective, an asset‑based lending firm that focuses on high‑growth, women‑led companies. Dime Community Bank will act as joint lead arranger, with Forbright Bank and Cambridge Savings Bank participating.
The facility will give JPalmer Collective additional working‑capital capacity to fund more high‑growth brands that fall outside traditional lending criteria. The firm has closed more than twenty deals in the past 12 months, and the new credit line is expected to enable it to support a larger volume of borrowers and larger individual loans.
Texas Capital’s involvement underscores its expanding presence in the asset‑based lending market. The bank’s fully integrated ABL platform has enabled it to lead multiple syndicated deals, and its recent earnings show a strong financial foundation. In Q1 2025, Texas Capital reported net income of $42.7 million ($0.92 per diluted share), while Q4 2024 earnings were $66.7 million ($1.43 per diluted share). The bank’s Q4 2025 results, which beat estimates with an adjusted diluted EPS of $2.08 versus $1.80 expected, came in on revenue of $327.5 million, slightly below the $331.1 million consensus.
Jennifer Palmer, Founder and CEO of JPalmer Collective, said, "This syndication represents a key milestone for JPalmer Collective and reflects the strength of our platform as we expand our support for high‑growth companies." She added, "Texas Capital has been a trusted collaborator from day one, bringing a deep understanding of our business and a shared commitment to our long‑term growth. We're also proud to partner with Dime, Forbright Bank, and Cambridge Savings Bank, all of which participated based on our long‑standing relationships, as well as our results." Steven Katz, Managing Director, Commercial Lender Finance at Texas Capital, commented, "JPalmer Collective has established itself as a differentiated platform in the asset‑based lending space, and we are proud to continue supporting their growth and to work with a firm that is delivering meaningful impact for its clients."
The $135 million facility positions JPalmer Collective to accelerate its expansion into new markets and to deepen its support for women‑led, high‑growth companies that often lack access to traditional capital. For Texas Capital, the deal reinforces its strategy to grow its ABL portfolio and to demonstrate its ability to mobilize capital for niche borrowers, further solidifying its reputation as a key financial partner for innovative growth companies.
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