Project Description

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Transaction
– Lief Organics, LLC (“Lief Organics” or the “Company”) is a premier, full service manufacturer of products for the dietary supplement industry
– Envisage acted as placement agent for a revolving credit facility placed with City National Bank T.

Issues
– Lief Organics was utilizing a factor relationship for liquidity purposes, however, it was seeking a traditional bank relationship to provide a revolving credit facility and term loan
– Compressed deal timeline

Solution
– Through a targeted process, Envisage identified potential bank lenders who would be interested in providing the Company a complete financial solution
– Took a significant role in managing and resolving due diligence issues
– Successfully structured and negotiated the transaction within compressed timeframe