Mfr. & Distributor of Pharmaceutical Products – TN

LIGHTHOUSE PROVIDES SALVE TO AID COMPANY BACK TO FINANCIAL HEALTH

Founded in 2001, the company markets and sells its own branded product lines of enemas, feminine hygiene products, over-the-counter medications, and personal care products.  In addition, the company provides contract compounding and packaging for many private label brands.  The company’s products are made in America by a dedicated team of professionals.    Due to severe labor shortages during the Covid-19 Pandemic, the company lost sales and incurred extraordinary compliance charges from their customers.  Due to the resulting losses, the company’s incumbent bank asked them to seek alternative financing.  Lighthouse stepped in and provided an aggressive line of credit secured by accounts receivable and inventory that not only paid off the existing loan but provided additional liquidity to support the company’s new growth opportunities.