Lief Labs & City National Bank

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