Siena Lending Group completed a $35 million revolving credit facility for Nutritional. The facility was used to refinance Nutritional’s existing senior debt and support its working capital needs.
Nutritional, founded in 1978, manufactures and distributes nutritional supplements and natural body care products under its own brands as well as vendor brands. In total, the company has more than 350 brands that are sold nationally through large retailers, small independent retailers and through e-commerce.
“Siena is very pleased to be able to provide the financing for Nutritional,” Stephen Fuscaldo, managing director of Siena, said. “The financing will afford Nutritional more liquidity so they can focus on their growth strategy.”
