Natural Alternatives International (NAI), a formulator, manufacturer and marketer of customized nutritional supplements, executed an amended credit facility with Wells Fargo Bank. This amendment modifies the current facility extending the term of the agreement to December 31, 2026 and modifies the borrowing capacity to $10 million.
“We are grateful for our long-standing relationship with Wells Fargo and we believe this amended credit facility is made possible by the strength of our balance sheet,” Mark A. Le Doux, chairman and CEO of NAI, said. “We believe this facility will be sufficient to support our working capital needs as we continue to strive towards continued top-line revenue growth and returning the business to sustainable profitability.”
