Business Capital provided mezzanine financing for Canada-based Evergreen Consumer Brands (ECB), a sales, marketing and manufacturer of branded and contract-filled health, beauty and household cleaning products.

Evergreen is focused on acquiring and repositioning “orphan brands” in the value market and owns, produces and distributes brands including Silkience, Lavoris, Spa Haus and Tame, which are sold to retailers such as Dollar Tree, Family Dollar, Dollar General and Big Lots.

ECB has strategic plans for new retail relationships, product launches and brand acquisitions. The funds will be used for a shareholder buyout.

“Evergreen Consumer Brands retained Business Capital after being referred by a trusted advisor. Their team immediately engaged,” said Bruce Friedman, co-CEO of ECB. “They worked seamlessly with our staff, asked all the important questions, gained a complete understanding of our business, underwrote the credit, built a robust data room and went to market with a comprehensive information memorandum within two weeks. BizCap created an aggressive timetable for delivering sub debt and, true to their commitment, presented multiple offers within 45 days. We were able to quickly and successfully close this transaction within 60 days.”

Business Capital is a commercial finance and debt restructuring firm specializing in securing customized debt based solutions for small and middle market companies.