Pathlight Capital, a privately held commercial finance company dedicated to meeting the needs of companies that operate across a broad range of industries, announced two new financings totaling $50 million.

The first, a $30 million first lien term loan, was for a merchandiser and manufacturer of consumer products. The company also closed a second lien term loan for $20 million with a cloud-based waste and recycling service provider.

Both deals closed in March.

Pathlight Capital provides asset-based loans secured on a first or second lien basis against tangible and intangible assets.

Pathlight provides creative financing solutions to allow management teams to access incremental liquidity for the purposes of funding working capital, debt refinancings, growth, acquisitions, dividends and turnaround strategies.