Assembled Brands Delivers $12.5 Million Revolving Credit Facility to Fuel Growth of Sports Nutrition and Energy Drink Company

Assembled Brands has closed a new two-year, $12.5 million senior secured revolving credit facility for a fast-growing, influencer-backed sports nutrition and energy drink brand sold through national retailers, Amazon, and its own direct-to-consumer website. An accordion feature has the potential to increase total commitments to over $20 million.

The company’s previous MCA solution carried large, expensive monthly repayments that limited its ability to expand its energy drink line. This new facility refinances existing debt and will fund working capital as the brand scales production and retail distribution. Assembled Brands also included Amazon FBA inventory in the borrowing base, something most lenders and typical banks can't do. 

“This team needed a facility built around where the business is going, not just where it is today,” said Jeffrey Mangiafico, Senior Vice President at Assembled Brands, who originated the partnership. “We took the time to understand what they actually needed before putting terms in front of them, and structured it to expand alongside the business. That’s why they chose Assembled Brands.”

“Revenue-based financing via Merchant Cash Advances is a common starting point for growing consumer brands, but at this scale, a revolving line is the more efficient and effective structure,” said Kunal Kohli, Managing Director, Head of Revenue at Assembled Brands. “It gives management increased borrowing capacity and the flexibility to fund their next stage of growth.”

Congrats to the team, and welcome to the Assembled Brands portfolio!