JPalmer Collective appoints Andrew Hollingsworth Senior Vice President, Portfolio

JPalmer Collective appoints Andrew Hollingsworth as Senior Vice President, Portfolio. A former JPC client, Hollingsworth brings rare two-sided asset-based lending expertise to the firm's leadership team.
andrew-hollingsworth-svp-portfolio

NEW YORK — June 17, 2026 — JPalmer Collective (JPC), a leading customized asset-based lending (ABL) solutions provider for high-growth consumer brands, today announced the appointment of Andrew Hollingsworth as Senior Vice President, Portfolio.

Hollingsworth brings a rare combination of experience: he knows asset-based lending from both sides of the table, having worked alongside the JPC team and been a client on two separate occasions. That firsthand experience navigating the ABL process as a borrower directly informs how he will serve the firm’s portfolio companies and client relationships in this new role.

“Andrew has a unique perspective,” said Jennifer Palmer, founder and CEO at JPalmer Collective. “He’s navigated the ABL process from both sides of the table and he knows what it feels like to need a partner who truly understands your needs, your journey and the stakes. That’s exactly the kind of insight we want shaping how we serve our clients.”

Portfolio management, risk, and the client experience

In his role as SVP, Portfolio, Hollingsworth will oversee portfolio management, risk management, and client relationships across JPalmer Collective’s lending book. His mandate centers on ensuring the firm’s borrowers receive proactive, informed partnership, not just capital.

Hollingsworth brings deep experience in finance and consumer packaged goods (CPG). Before joining JPC, he founded Pellucid, an outsourced CFO and financial consultancy focused on growth-oriented, mission-driven consumer brands and nonprofits. At Pellucid, he specialized in building the financial infrastructure and management reporting frameworks that allow brands to scale sustainably, a skill set that translates directly to JPalmer Collective’s portfolio work.

Most recently, Hollingsworth advised a high-growth natural products company through a $25 million Series D equity raise and a $13 million asset-based lending transaction, a complex, multi-layered capital raise that required navigating both equity and ABL markets simultaneously.

“I know what clients are going through because I’ve been there,” said Hollingsworth. “I understand the questions they’re asking, the pressure they’re under, and what it means to have someone in your corner who can cut through complexity and advocate for you. I’m excited to bring that perspective to this role.”

Client-centric leadership as a strategic priority

Hollingsworth’s appointment is part of a deliberate effort by JPalmer Collective to embed the client perspective into its organization at every level of leadership. The firm also includes a former client on its Board of Directors, reflecting JPC’s commitment to having voices with lived borrower experience shape how the firm operates.

“We can never fully replicate what our clients go through,” continued Palmer. “But we can intentionally surround ourselves with people who have had this experience, and their perspective can help guide us in how we operate.”

About JPalmer Collective

JPalmer Collective is a customized asset-based lending solutions provider founded in 2023 by Jennifer Palmer, commercial finance veteran, Inc. 2026 Female Founder 500 honoree, former president of SFNet and an advocate for improving women’s access to financing. The firm focuses on high-growth companies that do not fit traditional lending criteria, with a strong emphasis on consumer brands aligned with sustainability, inclusivity, and the evolving preferences of today’s consumers.

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What is JPalmer Collective?
JPalmer Collective (JPC) is a New York-based asset-based lending (ABL) firm founded in 2023 by Jennifer Palmer. It provides customized ABL solutions to high-growth consumer brands, including CPG, natural products, and sustainability-focused companies, that do not qualify for traditional bank financing.
Asset-based lending is a form of financing in which a loan is secured by a company’s assets, typically accounts receivable, inventory, or equipment. It is commonly used by high-growth companies that have strong collateral but may not meet the revenue or credit requirements of traditional bank loans.
Andrew Hollingsworth is the Senior Vice President, Portfolio at JPalmer Collective. He is responsible for portfolio management, risk management, and client relationships. He previously founded Pellucid, an outsourced CFO advisory firm serving consumer brands and nonprofits, and is a former JPC client.
Pellucid is an outsourced CFO and financial consultancy founded by Andrew Hollingsworth. It supports growth-oriented consumer brands and nonprofits in developing financial models, management reporting, and capital structures to enable sustainable growth.
JPalmer Collective intentionally recruits team members and board advisors who have previously been ABL borrowers. The firm believes that lived client experience produces better partnership, risk management, and advocacy for the companies it serves. Andrew Hollingsworth is an example of this approach, having been a JPC client twice before joining as SVP, Portfolio.
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